A group of Paul Hastings lawyers led by David Hernand, chair of the firm’s new office in Century City, California, has helped Saban Properties LLC sell its iconic Power Rangers franchise to toy making giant Hasbro Inc. in a $522 million cash-and-stock deal.

In addition to Saban’s Power Rangers, the transaction also includes other entertainment properties, such as Julius Jr., Luna Petunia, My Pet Monster, Popples and Treehouse Detectives.

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