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Paul Hastings Advised Fontainebleau Development in Connection with the Multi-Billion Dollar Fontainebleau Las Vegas Hotel and Casino on the Las Vegas Strip
March 25, 2024
Paul Hastings LLP advised Fontainebleau Development on various agreements in connection with the multi-billion dollar Fontainebleau Las Vegas Hotel and Casino. The firm advised Fontainebleau on negotiations and documentation related to:
- An operating lease for the entire property with the joint venture between Fontainebleau Development and Koch Industries
- Various agreements in connection with a $2.2 billion financing transaction with JP Morgan
- Various food, beverage, and club venue licensing agreements with celebrity chefs, restaurateurs, and liquor brands
The Fontainebleau Las Vegas includes more than 3,600 guest rooms as well as a 150,000 square-foot casino. The property features world-class dining, numerous high-end retailers, dining and entertainment venues, spa and fitness center, and conference and meeting space.
Global Hospitality & Leisure Of Counsel Todd Fieldston led the Paul Hastings team, which also included partner Todd Schneider; Of Counsel John Gasparini; and associates Juliana Frenkel and Andrea Boutros.
About Paul Hastings
With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.