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Trowers & Hamlins has made two lateral partner hires to its banking and finance and pensions teams, Martin McFall and Paul Flood.
McFall specialises in pensions aspects of PFI projects, housing associations reorganisations and stand-alone issues such as winding up of pension schemes.
He told The Lawyer that his decision to move as sole pensions partner from south-east firm asb Law to the City was driven by the opportunity to get involved in a team with a "better recognised pensions label".
McFall, who was at Allen & Overy before joining asb, also does consultancy work for UK and US firms. Asb has been left short of some of its key clients as a result of McFall's departure after just 15 months, with the partner taking with him the Trustees of Anglo-American Steel Fabricators Pension scheme and fruit wholesaler M & W Mack.
Flood was head of finance at Reynolds Porter Chamberlain, where he gained experience in acquisition finance, asset/project finance and insolvency work. His specialism is aviation finance, having acted for Boeing.
Prior to that he had a stint at Dewey & LeBoeuf predecessor Leboeuf Lamb Greene and Macrae, where he helped establish the firm's London office.