Clifford Chance, Hogan Lovells, Proskauer Rose, and Skadden, Arps, Slate, Meagher & Flom are advising on an initial public offering for Empire State Realty Trust (ESRT), the owner and operator of the Empire State Building, which raised nearly $930 million this week, and according to an SEC filing generated some $33 million in legal fees and expenses—in part due to a nasty legal fight over whether the 102-story tower would go public.
The building’s largest shareholder, The Leona M. and Harry B. Helmsley Charitable Trust and the Estate of Leona M. Helmsley, was advised on the offering by a team of Skadden lawyers led by real estate partners Benjamin Needell and Vered Rabia, trusts and estates partner Jonathan Koslow, corporate finance partner David Goldschmidt, tax partner Dean Shulman, and associate Yasmeena Chaudry.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
