Morris, Manning & Martin Adds Five Attorneys

ATLANTA, GA, May 18 (MARKET WIRE) --
Partners C. Glenn Dunaway and Stephen B. Schrock, of counsel Chuck
Connors, associates Karen Reschly and Rebecca Vandiver and senior
paralegal Wenona Mills have joined Morris, Manning & Martin, LLP from
Bryan Cave Powell Goldstein. They will establish the new the Timberland
Investments and Forest Products Practice, which consists of an integrated
team of experienced lawyers from multiple disciplines, pulling primarily
from the corporate and commercial real estate groups.

"The firm's timber lawyers represent investors, owners and managers in
timber transactions involving millions of acres of timberland throughout
the U.S., South America, Europe and Africa," said Managing Partner Robert
Saudek. "This type of expansion validates our belief that a smart growth
strategy in a tight market is the right approach."

With the additions, Morris, Manning & Martin expands its considerable
practices in the areas of real estate capital markets, REIT
representation, fund formation and management, domestic and international
tax, corporate representation and commercial real estate.

Partner C. Glenn Dunaway will lead the firm's core timberland corporate
practice, while Stephen B. Schrock will lead the firm's core timberland
real estate practice. Mr. Dunaway also has substantial experience with
non-timber related real estate transactions, real estate fund formation
and management as well as pension fund investments. Mr. Schrock has
extensive experience in all facets of commercial real estate.

The Timberland Investments and Forest Products Practice brings tremendous
experience in the areas of:

-- Capturing the tax advantages of timber investments, depletion issues,
planning for exempt and foreign investors, "pass through" vehicles,
deferral opportunities and various timber taxation operational issues
ranging from the structuring of long-term supply agreements to the tax
implications caused by the loss of mature timber from natural causes and
infestation.
-- Advising clients with respect to acquisitions, sales, exchanges, joint
ventures, complex cutting contracts and management agreements, leases of
timber properties, acquisition of foreign timber rights, traditional
mortgage financings, specialized installment note financings, private and
public securitizations, debt financings and sale/leasebacks.
-- Advising clients as to the formation and operation of international
timberland investment funds and representing institutional (including REITS
and pension funds) and high net worth individual investors with respect to
all phases of the formation and operation of international timberland
investment funds and other such domestic and foreign timberland
investments.
-- Timber Investment Management Organization (TIMO) representation
-- International tax planning for cross-border timberland transactions

Key facts about the firm:

-- Morris, Manning & Martin has one of the leading Real Estate Capital
Markets (RECM) practices in the U.S., regularly assisting clients in
raising billions of dollars for real estate ventures.
-- The Timberland Investments and Forest Products Practice will also
bolster the firm's Green Industry and Energy practices, as many timber
companies and TIMOs are actively seeking opportunities in the carbon credit
and biofuel markets.
-- The firm recently opened offices in Beijing, China and Taipei, Taiwan.

About Morris, Manning & Martin, LLP

Morris, Manning & Martin (www.mmmlaw.com) is a full-service commercial law
firm representing clients throughout the United States. Our mission is to
be the firm of choice for clients seeking the most creative,
comprehensive, and effective legal services available. Our legal
solutions are delivered by industry-focused, diverse, involved lawyers
who are dedicated to our clients' success, whether in a transaction, in
court, or in the everyday course of business.

Morris, Manning & Martin enjoys national prominence for its healthcare,
intellectual property, capital markets, environmental, green industry,
insurance, litigation, mergers and acquisitions, real estate, and
technology practices. The firm has offices in Atlanta, Savannah,
Raleigh-Durham, Taipei, Beijing, and Washington, D.C.

Media Contact:
Terri Thornton
Thornton Communications
(404) 932-4347
Email Contact

Copyright 2009, Market Wire, All rights reserved.

-0-