Corinne Ball will join Jones Day's New York office to lead the restructuring practice and take responsibility for the global expansion of the business reorganisation and bankruptcy practice.
Ball was in the business finance and restructuring practice at Weil Gotshal for more than 20 years. She was responsible for large, complex business reorganisations and cross-border debt restructurings and acquisitions.
She was involved with the financial reorganisations at construction company Olympia & York and securities firm Drexel Burnham Lambert, and has worked with major league sports companies, real estate companies, airlines and telecoms groups.
She says she is going to Jones Day because of its more internationally-orientated practice.
“What I've found over time is that we've witnessed two trends,” she says. “One is obviously the globalisation of business and the capital and financial markets, and the other is the globalisation of law firms – not all firms, but certainly some.
“This move is to get to a firm that is committed to restructuring and to the international side of this business, and one that is clearly M&A-minded.”
At Jones Day she will spearhead the growth of an international restructuring practice, beginning, she says, with the firm's London office. At the moment there are no full-time partners in London in the practice area, but accomplishing that will be a priority for the group.
There are 60 lawyers at Jones Day in the US doing restructuring work, and other offices that Ball will focus on will include Frankfurt and Singapore.