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Firms That Led 2021 s Largest Hospitality Deals To Date
Law360 (July 8, 2021, 6:31 PM EDT) The first half of 2021 saw a number of multibillion-dollar mergers and acquisitions in the hospitality industry, including Hilton Grand Vacations Inc. s $3 billion purchase of Diamond Resorts International Inc., shepherded by Simpson Thacher & Bartlett LLP, Alston & Bird LLP, Foley & Lardner LLP and Paul Weiss Rifkind Wharton & Garrison LLP.
The first half saw three transactions north of the $1 billion mark, although deal flow slowed in the second quarter with most of the biggest deals of the first half announced over the first three months.
Dealogic s figures account for transactions that were announced in the first six months of 2021.
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Federal judges anticipate a relaxation of COVID-19 safety protocols in the Southern District of New York and the Second Circuit, with details set to be announced as early as Monday.