Paul Hastings bags finance team from Orrick

Paul Hastings Janofsky & Walker has continued expanding its finance and restructuring practive, following a two-partner raid on Orrick Herrington & Sutcliffe.

Partners Thomas Kent and Anthony Princi have joined the firm’s offices in New York and London.

Princi, who was previously the co-head of Orrick’s global bankruptcy and debt restructuring group specialises in creditor-side restructurings, private equity investment in debt and equity transactions, and distressed debt trading, while Kent is focused on creditor-side restructuring, private equity and debt transactions, and distressed debt trading, while

John Hilson, chair of the firm’s finance and restructuring practice group, said in a statement: “Paul Hastings is committed to growing its bankruptcy and restructuring group and is dedicated to becoming a leader in this practice in all of the markets in which we operate.”

Kent and Princi are the fourth additions to the firm’s global finance and restructuring practice in as many months, following two separate raids on the Chicago office of Jones Day in November 2006 and February 2007.