Greenberg Traurig Maher Advising InterContinental Hotels Group PLC on 301.5m
Pound Sterling Sale
LONDON, April 2, 2013
LONDON, April 2, 2013 /PRNewswire/ -- International law firm Greenberg Traurig
Maher LLP advised InterContinental Hotels Group PLC (IHG) on the sale of
InterContinental London Park Lane to Constellation Hotel (Opco) UK S.A., a
private investment vehicle owned by Constellation Hotels Holding Limited.
IHG has agreed to sell its interest in the InterContinental Park Lane Hotel
for £301.5m. The property will continue to fly the InterContinental flag, with
an IHG management contract in place for up to 60 years.
"We have a longstanding relationship with IHG and are delighted to have
obtained a positive result for our client," said Paul Maher , Chairman of
Greenberg Traurig Maher LLP . "We are very proud of the team's efforts, and
applaud its success in ensuring this critical deal was signed."
The GTM team was led by Shareholder Fiona Adams , supported by Associates
Nicky Maan and Ife Adebajo . GTM Shareholders Justin Hamer and Naomi
Feinstein advised on Tax and Employment matters, respectively. Partner Stephen
Laud of Stephenson Harwood LLP, long standing advisor to IHG on this property,
assisted on the Real Estate aspects of the transaction, supported by Associate
Kate Mauthoor on Construction matters. The team worked with an impressive IHG
in house legal team comprising Daisy Llewellyn, Jon Grech and Nigel Stocks.
IHG is a global organisation with nine hotel brands that also manages the
world's first and largest hotel loyalty programme with over 71 million members
worldwide. IHG franchises, leases, manages or owns over 4,600 hotels and more
than 675,000 guest rooms in nearly 100 countries and territories. IHG is
incorporated in Great Britain and registered in England and Wales.
About Greenberg Traurig Maher LLP Greenberg Traurig Maher LLP has established
itself in London as a multidisciplinary law firm, with over 40 lawyers and
growing. The London office provides partner-led advice to domestic and
international clients on a range of matters across the legal spectrum. Lawyers
at Greenberg Traurig Maher advise U.K. and multinational clients operating in
many different sectors, including chemicals, pharmaceuticals, life sciences,
energy, real estate, financial services, automotive, retail and
communications. For additional information, please visit www.gtmlaw.com .
About Greenberg Traurig, LLP Greenberg Traurig, LLP is an international,
full-service law firm with approximately 1750 attorneys serving clients from
35offices in the United States, Latin America, Europe, the Middle East and
Asia. In the U.S., the firm has more offices than any other among the Top 10
on The National Law Journal's 2012 NLJ 250. For additional information, please
visit www.gtlaw.com .
Ignacio De Armas, +1-305-579-0854, firstname.lastname@example.org
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