in

New York, NY – July 19, 2005 – LAWFUEL – The Law News Network – The in…

New York, NY – July 19, 2005 – LAWFUEL – The Law News Network – The international law firm of Chadbourne & Parke LLP announced today that Laura S. Friedrich, 33, has been named partner in the Private Equity Group, resident in the Firms New York office. Ms. Friedrich joins Chadbourne from Simpson Thacher & Bartlett LLP, where she had been a member of its private funds group since 1996.

Ms. Friedrich has been primary fund counsel to numerous U.S. and international private equity, real estate, mezzanine and hedge funds and their sponsors, focusing on investments in the United States, western Europe, Asia and the Middle East. She has advised on over $13 billion in fund raisings, negotiating with numerous corporate, public and private pension plan, private family, foundation and endowment, fund of fund and foreign government investors. Ms. Friedrich provides advice on fund formation, structuring acquisitions and dispositions and other general fund compliance matters (including the Advisers Act, tax, ERISA, coinvestment and internal arrangements).

“Laura is a strong addition to our team. With her knowledge of onshore and offshore fund formation, she complements the existing strengths of our Firm in this area and reflects our continued expansion in domestic and international private equity fund transactions,” said Talbert I. Navia, head of Chadbourne’s private equity group and founding partner of a middle-market private equity firm. “Moreover, as private equity funds increasingly influence the financial marketplace, her extensive experience adds another dimension to our ability to serve our clients’ diverse and complex investment needs.”

“We are continuing to add depth in this market, and the addition of Laura and her experience is a significant step for our planned growth,” added Charles K. O’Neill, Chadbourne’s managing partner. “She will strengthen our capabilities in private equity and fund formation, and will be an enormous asset in helping us execute our private equity initiative.”

In March 2004, Chadbourne reorganized its Private Equity Group to better capitalize on the Firm’s capabilities by bringing together private equity experts from seven of the Firm’s U.S. and international offices under a single organizational umbrella. The Private Equity Group’s experience covers private equity, venture capital, real estate, hedge funds and mezzanine funds, including the structuring and formation of investment funds both in the United States and abroad. The investments of such funds cover a diverse array of securities, industries and geographic areas, including debt and equity in leveraged buy-outs and debt and equity of distressed assets, such as power projects and securities of U.S., European, Asian and Latin American companies.

The Private Equity Group’s value-added services include providing assistance in clients’ capital raising activities through introductions to potential investors; assistance in accessing placement agents to raise capital; turn-key solutions for deal-flow management and legal document management; and access to senior and mezzanine lenders. Chadbourne’s attorneys in the group also assist clients in all aspects of fund development, from fund formation to making investments and implementing exit strategies.

The Firm has represented numerous clients in private equity matters, including Core Value Partners, J.H. Whitney & Co. LLC, Praesidian Capital Investors, L.P., York Street Capital Partners, Southern Cross Group, Rockland Capital Energy Investments LLC, Reservoir Capital, Silver Point Capital, Energy Investors Funds, Carlyle Riverstone and Paul Capital Partners. For more information on Chadbourne’s Private Equity Group, visit www.chadbourne.com/privateequity.

British MP George Galloway and his opponent the Daily Telegraph will leave no stone unturned to sort out what could be a spectacular libel case.