subscribe to our newsletter sign up
Trump secures Bali resort deal

Trump secures Bali resort deal

Graeme Dickson Baker & McKenzie

Two firms have advised on Trump Acquisition, LLC’s deal to rebrand and redevelop an integrated Bali resort.

Firms: Baker & McKenzie (a publicly listed Indonesian company); Kelley Drye & Warren LLP (Trump Acquisition, LLC)

Deal: A Bali resort has come to an agreement with Trump Acquisition, LLC for it to be rebranded and redeveloped as the Trump Bali Resort.

Value: Confidential

Area: Hotels, Resorts and Tourism

Key Players: The Baker & McKenzie team was made up of partner Graeme Dickson and associate Kerrie Duong.

Deal Significance: Trump Acquisition LLC’s principal is Donald Trump, and this deal represents Trump’s first flag in Asia.

The current resort owner’s principal is Hary Tanoesoedibjo – one of Indonesia’s most prominent businessmen.

When it reopens under Trump’s management, the integrated resort, which is located on Bali’s scenic coast, will be redeveloped to include a luxury six-star hotel, branded residences, apartments and a world-class beach club, with the potential inclusion of additional complimentary amenities and features.

Like this story? Subscribe to our free newsletter and receive Lawyers Weekly every day straight to your inbox.

 

 

Promoted content
Recommended by Spike Native Network