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Harvey Miller, the man widely credited with masterminding the growth and success of Weil Gotshal & Manges' bankruptcy practice, has resigned from the firm
Miller has announced that he will join investment bank boutique and private equity firm Greenhill & Co as a partner and managing director in September. Miller is perhaps the best-known bankruptcy lawyer in the US. He headed Weil Gotshal's business finance and restructuring department for 30 years, building what is reputed to be the country's most preeminent bankruptcy practice. Miller said: "Weil Gotshal & Manges has been my home and its members my extended family for more than 30 years. I leave with great pride in the firm that I helped to build. I am particularly proud of my outstanding former colleagues who helped to create the largest and most successful restructuring and bankruptcy reorganisation de-partment in the country." He leaves the department in great shape. Weil Gotshal is riding high, handling Chapter 11 restructurings for Enron Corporation and Global Crossing and advising WorldCom on its options. In January, he handed over responsibility for running the department to Martin Bienenstock, Enron's lead counsel, and Marcia Goldstein, one of the main advisers to WorldCom. Goldstein said: "Harvey has dedicated his entire career to the development of a sophisticated bankruptcy practice. He has personally mentored the top bankruptcy lawyers at this firm, as well as many of the top bankruptcy attorneys in firms throughout the country." Miller is understood to have been approached by a number of interested parties, but settled on Greenhill because of a longstanding relationship with founder and chairman Robert Greenhill. The two worked together on Texaco's bankruptcy in the mid-1980s when Greenhill was head of the investment banking division of Morgan Stanley.