华特迪士尼公司近日和上海申迪（集团）签约，合资建筑上海迪斯尼乐园。中伦与美国宝维斯为申迪的法律顾问，而迪斯尼由贝克•麦坚时律所提供法律咨询和服务。

上海迪士尼乐园及其配套设施区首期规划开发面积4平方公里，其中占地约1平方公里的主题乐园区为主要核心区，投资规模达250亿元。

目前，公司仍在等候中央政府对几家合资公司的审核及批准，同时正着手进行其他相关法律流程。

Zhong Lun, Paul Weiss and Baker & McKenzie have recently helped fulfil the Walt Disney China dream. The three firms have together advised Disney and Shanghai Shendi Group on their JV to build its very first Chinese Disneyland in Shanghai. The project is said to be worth US$3.5bn.

According to the agreement, Disney will take a 43% stake in Shanghai Disney, while Shendi’s three shareholders (who will fully finance the project) will own the other 57%.

Jeanette Chan, lead partner for Paul Weiss, commented that the deal has taken place across an extended timeframe due to its intricate complexities and the stringent approval processes. “This is a major infrastructure deal and it is complicated because the JV itself requires advice from many other practice sectors.

Management, land development, infrastructure, tax, finance, licensing and IP agreements are all prerequisites,” said Chan. The firm also advised the Shanghai Government on the transaction

Zhong Lun is the sole PRC counsel on the deal and has been involved in the negotiation and documentation of the project since 2006.

The JV is subjected to MOFCOM and other relevant approvals. ALB

Related stories:

• Grandall, Zhong Lun and King & Wood top ChiNext IPO legal advisor league (11 November 2010)
• Nagashima Ohno, Mori Hamada and Paul Weiss help Mitsubishi UFJ Financial raise US$12.1bn (12 January 2010)