I came for a formal banquet.
The services was excellent and professional. The private room was spacious for our 2 large tables. We were assigned one dedicated waiter whole evening, with more servers coming in to serve new food, remove plates of finished food and to replace dirty plates. All the servers were polite and quick this evening. The chief operating officer came by mid evening to check on progress and to socialize.
The food was delicious. The ingredients were exceptionally fresh. Paramount mainly serves modified traditional Chinese food that is much less oily yet still flavorful, presented in beautiful plating.
I don't know the pricing, but I suspect it is not cheap. Paramount knows how to serve a banquet well, though. The premise is presentable, and the restaurant location is convenient for people living uptown.