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Since his arrival in Prague in September of 1991, Mr. Samii has, in addition to his work with Spectrum Realty, concluded through First Prague Ungelt in which he is a principal, a series of ground leases for a number of buildings in the Ungelt Courtyard Complex, one of the most historic courtyard in Europe. These are being renovated into one of the major mixed use facilities in Prague. Mr. Samii's real estate experience covers a wide range of transactions. At Shearman & Sterling, he served as the Senior Associate for several of the largest hotel acquisitions, office leases, real estate joint ventures, mortgages and construction transactions for which the firm was employed. Mr. Samii's real estate experience includes the negotiation of a number of major leases. These included two of the most significant leases in New York City in 1989; one for Citibank N.A. and one for Viacom International, Inc. Mr. Samii also negotiated a number of substantial construction agreements, including one for the development by John Brown ENC of a chemical plant in Texas for Enichem Elastomers, Inc. Mr. Samii drafted and negotiated the documents for the purchase of the London Marriott Hotel, the Munich Hotel and several other hotels to be developed by Marriott Corporation in Europe. Mr. Samii also represented Citibank, N.A. in the restructuring of the debt and equity interests in the Trump Plaza Hotel. In addition, Mr. Samii has managed or participated in a number of real estate development, mortgage and bankruptcy transactions involving from USD 10 million to over USD 500 million. |