Paul Hastings Helps Oaktree, Woodridge Nab Hawaii Resort

Law360, New York (November 1, 2011, 10:37 PM EDT) -- Paul Hastings LLP represented private equity firm Oaktree Capital Management LP and real estate developer Woodridge Capital Partners LLC in their joint purchase of Fairmont Hotels & Resorts' Orchid luxury resort on the island of Hawaii, the firm said Tuesday.

The sale price wasn't disclosed. However, Oaktree and Woodridge secured a $78 million loan from Goldman Sachs Group Inc. and its affiliate, Archon Group LLP, to finance the acquisition, Paul Hastings said.

Fairmont Hotels, a Canadian-based luxury hotel and resort chain that owns and operates properties...
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