Paul, Weiss advised Zhonghong Zhuoye Group in the structuring and review of various licensing agreements in connection with Zhonghong’s acquisition of a 21 percent stake in SeaWorld Entertainment from Blackstone Group. As part of the transaction, SeaWorld will provide advice and support to Zhonghong Holdings, an affiliate of Zhonghong Zhuoye Group, to exclusively develop and operate theme parks, water parks and family entertainment centers in China, Taiwan, Hong Kong and Macau. Zhonghong is a China-based diversified real estate, leisure and tourism holding company.

The Paul, Weiss team included corporate partner Jeanette Chan; and intellectual property partners Chuck Googe and Claudine Meredith-Goujon.