Simpson Thacher & Bartlett has taken the lead role on the sale of New York's most iconic hotel, the Waldorf Astoria, to Chinese outfit Anbang Insurance Group, for a record $1.95bn (£1.22bn).
October 07, 2014 at 01:17 AM
1 minute read
The original version of this story was published on Legalweek
Simpson Thacher & Bartlett and Skadden have taken lead roles on the sale of New York’s most iconic hotel, the Waldorf Astoria, to Chinese outfit Anbang Insurance Group, for a record $1.95bn (£1.22bn).
The deal is understood to be the largest ever US real estate purchase by a Chinese company and the most expensive American hotel ever bought.
Presented by BigVoodoo
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
The African Legal Awards recognise exceptional achievement within Africa s legal community during a period of rapid change.
The premier educational and networking event for employee benefits brokers and agents.
Shipman is seeking an associate to join our Labor & Employment practice in our Hartford, New Haven, or Stamford office. Candidates shou...
Evergreen Trading is a media investment firm headquartered in NYC. We help brands achieve their goals by leveraging their unwanted assets to...
Duane Morris seeks an associate with 3-4 years of experience to join its Employee Benefits and Executive Compensation Group in its Philadelp...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
