http://www.paulweiss.com/firm/awards/AwardsDetail.aspx?news=1369

9/27/2006

Paul, Weiss once again has been named IT/Telecommunications Law Firm of the Year at the 2006 Asian Legal Business Hong Kong Law Awards. Nominees for this prestigious award are chosen by peer law firms; the winner is selected by Asian Legal Business based on interviews with industry professionals, mainly comprised of senior in-house legal counsel.

This is the sixth time that Paul, Weiss has won this award in recognition of our M&A, private equity and regulatory efforts in the telecommunications and IT sectors. This year Asian Legal Business particularly noted our work on behalf of The Carlyle Group in its acquisition of more than 90 percent of the issued share capital of Eastern Multimedia Co., Ltd., Taiwan's largest cable TV operator; and General Atlantic LLC in its late-stage growth funding investment in Beijing-based start-up Oak Pacific Interactive, which represents that the largest venture capital funding in China's history.

Representation of General Atlantic LLC, as part of an investor group, in connection with a $350 million convertible preferred stock and warrant investment in Lenovo Group Limited, the largest personal computer maker in China. The strategic investment is in connection with Lenovo's acquisition of IBM's PC business in a transaction valued at $1.75 billion.