Cadwalader ramps up rebuild with Linklaters hire

Cadwalader Wickersham & Taft has hired one of the City’s best-regarded financial restructuring and insolvency lawyers, Linklaters’ Yushan Ng, as a partner in its London office.

Ng was one of the Linklaters partners helping lead the magic circle firm’s distressed investment practice and served as the primary relationship partner for numerous private equity and hedge funds.

His recent roles include in major European restructurings such as SEAT Pagine, Fitness First, Truvo (World Directories) and Regency Casinos. Ng’s other clients include Oaktree Capital, Viridian Group, Ferretti and Welsh Power.

“Yushan is one of the most talented restructuring lawyers in Europe today,” said Chris White, the chairman of Cadwalader in a statement. “[He] has that valuable combination of broad experience and a creative approach to problem solving that help make him so effective.”

Ng, a Linklaters partner since 2008, is the first English-qualified financial restructuring partner Cadwalader has hired since the departure of trailblazer Andrew Wilkinson in March 2007 to Goldman Sachs (8 March 2007).

Ng’s arrival represents the continued rebuilding of the US firm’s City practice that was pledged by the firm’s London office managing partner Greg Petrick earlier this year (2 January 2012).

Last month Cadwalader added structured finance partner Stephen Day to its London base with his hire from Mayer Brown (24 August 2012).