DLA Piper has hired an executive director from Goldman Sachs to join its restructuring practice in London.
Justin Conway, who was an executive director and senior counsel at Goldman, joins DLA Piper’s London restructuring practice as a partner.
At Goldman, Conway provided transactional legal advice to the private distressed bank loan and high-yield loan trading desks, building a reputation in the EMEA debt trading market. Conway joined Goldman in November 2006 from New York headquartered firm Mandel Katz & Brosnan, where he had been a senior associate.
DLA Piper’s international head of restructuring Stephen Halladay said in a statement: “As a result of the current economic situation in Europe, one of the trends beginning to emerge is the transfer of debt from traditional lenders to funds of various descriptions.
“This will lead to a more dynamic market for trading debt in the UK and Europe. With Justin’s appointment we’re ensuring the strategic development of the practice and the firm to best take advantage of these changes and enhancing the firm’s offering as a start to finish debt trading advisory service.”