Paul, Weiss client Fifth & Pacific Companies, Inc. completed the sale of Lucky Brand to LBD Acquisition Company, LLC, an affiliate of Leonard Green & Partners, L.P., for an aggregate payment of $225 million, comprised of $140 million cash consideration and a three-year $85 million note to be issued by LBD at closing, subject to working capital and other adjustments.

The Paul, Weiss team included M&A partners Justin Hamill and Robert Schumer and counsel Didier Malaquin; finance and capital markets partners Thomas de la Bastide and Lawrence Wee and counsel Stephen Koo; IP counsel Claudine Meredith-Goujon and Menachem Kaplan; tax partner David Sicular; employee benefits partner Robert Fleder and counsel Erin Murphy and Reuven Falik; and real estate partners Salvatore Gogliormella and Peter Fisch and counsel Barry Langman.