Cadwalader’s Croke jumps ship for Orrick

Orrick Herrington & Sutcliffe has raided Cadwalader Wickersham & Taft for two structured finance partners, including the high-profile James Croke, for its New York office.

Croke and Peter Manbeck both join Orrick as partners. They are both structured finance specialists with experience in a broad range of areas, including asset-backed commercial paper and collateralised debt obligations.

Peter Bicks, Orrick’s New York office leader said: “Their experience representing US and European clients adds strength in locations where Orrick has a significant structured finance practice including London, New York, Paris and Rome.”

Croke is particularly well known. He was head of Cadwalader’s London-based capital markets group from 1999 to 2004 and was credited with building a successful practice following the departure of a number of key partners, including John Walker to Milbank Tweed Hadley & McCloy.

Orrick has also bolstered its capital markets provision in Hong Kong with the hire of China-focused securities and capital markets lawyer Edwin Luk as a partner. Luk is the first lateral hire since the firm opened in Hong Kong with it scooped the Coudert Brothers entire Hong Kong operation last November.

Prior to joining Orrick Luk was senior counsel at O’Melveny & Myers.