DLA Piper names new restructuring chief

<a class=DLA Piper names new restructuring chief” />DLA Piper is set to ­overhaul the leadership of its restructuring practice, appointing London partner Stephen Halladay to head operations in Europe, the Middle East and Africa.

Current restructuring chief Shân Spencer, who is based in Manchester, is to retire from the firm at the beginning of 2009.

She has led the practice since November 2007, when she took over from Simon Neilson-Clark, who had stood down to focus on client work.

Spencer was also head of the firm’s North West restructuring group. A replacement for that role has not yet been found.

Halladay, who has been a partner at the firm since 1998, takes over the department in January next year.

Last month DLA Piper won one of the largest ­insolvency instructions of recent times when it was instructed by the administrators of investment group Dawnay Day.