Clifford Chance makes New York finance lateral

Clifford Chance has ramped up its New York corporate finance capabilities, snaring a partner from Cahill Gordon & Reindel.

Gary Brook will join the New York office advising financial institutions on leveraged lending, debt restructurings and securities offerings and acquisition financing.

Clifford Chance US head Craig Medwick said: “The leveraged finance markets are evolving as a result of the credit crisis and other global economic forces.

“Gary’s experience and skills will be key in our efforts to position the firm’s banking and capital markets groups to perform leading roles in the markets of the future.”

Earlier this month the magic circle firm hired Bill Blumenthal from the US Federal Trade Commission to ramp up its M&A and antitrust capabilities (6 January).

In the UK the firm embarked on a redundancy consultation earlier this month which will see 70-80 lawyers made redundant (8 January).

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