Law360, New York (December 21, 2015, 2:36 PM EST) -- Westfield Corp. said on Monday that it sold five malls located across the United States — including properties on both coasts as well as in Illinois — for $1.1 billion, a deal Debevoise & Plimpton LLP worked on as counsel to Westfield and Pircher Nichols & Meeks and Orrick Herrington & Sutcliffe LLP steered for a buyer joint venture.
For the Australian shopping center giant, the sales follow a similar size disposition earlier this year. Two of the properties in the latest sale are located in Illinois, and the deal also includes single properties in Connecticut, California and Washington.
The buyer joint venture...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!