Sullivan & Cromwell has relocated one of its New York senior partners to Germany in a bid to strengthen its European presence.
David Huggin has taken over as managing partner in the Frankfurt office. Huggin, a financial institutions partner, moved to Germany because of the growing number of clients active in the region. He will be the first financial institutions partner in Europe and will advise on bank financings, regulatory matters, bankruptcy and security offerings. Sullivan & Cromwell is currently expanding its German practice and is understood to be looking to hire German lawyers. In April the firm's New York rival Skadden Arps Slate Meagher & Flom launched in Germany with Richard Sterzinger's hire from Lovells' Frankfurt office. Huggin will spearhead the growth in Frankfurt and next month two associates will join from the firm's Paris and New York offices.