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Weil Gotshal & Manges has continued the expansion of its London restructuring team with the hire of Hogan Lovells partner Alexander Wood.
Wood advised on a number of high-profile insolvency matters during his time at Hogan Lovells, notably advising the FSA on the 2008 administration of Lehman Brothers.
His appointment marks a period of agressive expansion for the US firm’s London restructuring practice, with Weil raiding the City for a number of partner hires in the last twelve months.
In January 2011 the firm hired Jones Day restructuring head Adam Plainer to lead its own restructuring practice, a move that Weil said was part of a strategic goal to build the firm’s restructuring franchise (26 January 2011).
It also tapped Linklaters’ City office for the hire of banking partner Stephen Lucas last May (31 May 2011), later turning to Jones Day again for London restructuring partner Paul Bromfield (7 September 2011).
The string of hires were followed by the US firm’s instruction by MF Global UK and administrators at KPMG on the administration of broker MF Global’s UK arm (1 November 2011).
Weil global managing partner Barry Wolf said: “The firm is focused on expanding the London restructuring practice as it continues to strengthen an already very strong platform.”