Goulston & Storrs is representing the U.S. interests of eLong, a China-based online and mobile travel platform, in a $661.2 million go-private deal with its parent company China E-Dragon Holdings and an investor group, which tapped Paul, Weiss, Rifkind, Wharton & Garrison as its U.S. legal counsel.

Da Hui Lawyers is handling China-related legal matters while Conyers Dill & Pearman is overseeing issues involving Cayman Islands law for NASDAQ-listed eLong. A Kirkland & Ellis team led by Hong Kong-based corporate partners David Zhang, Jesse Sheley and Amie Tang is advising the Beijing-based company’s special committee on U.S. law. Paul Hastings is serving as U.S. legal counsel to the special committee’s financial advisor, Duff & Phelps. The Paul Weiss team is being led by corporate partners Steven Williams, Jeanette Chan and David Huntington, as well as employee benefits partner Lawrence Witdorchic.

After the agreement, which is expected to be completed before the second quarter ends, China E-Dragon Holdings will be owned by a consortium that includes some of eLong’s management team and existing shareholders, such as C-Travel International (Ctrip.com), Ocean Imagination, Luxuriant Holdings, Seagull Ltd, and TCH Sapphire, a subsidiary of Chinese tech giant Tencent.

JunHe and Walkers are advising the buyer consortium for matters related to PRC law and Cayman Islands law, respectively. Fenwick & West is serving as U.S. legal counsel to Ocean Imagination while a team from Skadden, Arps, Slate, Meagher and Flom, led by partners Julie Gao and Haiping Li, is acting as C-trip.com’s U.S. legal advisor.

The transaction will be funded using a combination of cash and equity from the buyer group as well as several eLong management executives.