`Shari Siegel is joining the firm as of counsel, having held the same post at Simpson Thacher, and will focus on restructuring troubled companies. She specialises in troubled loans, multinational insolvencies, asset purchases, Chapter 11 (bankruptcy), mergers and acquisitions and dispositions.`She has been involved in a host of high-profile cases including acting for the debtors in the Pan Am Corporation, Spectrum Information Technology and Pegasus Gold Corporation cases, and representing the official creditors committee in the Crystal Brands case.`New York managing partner David Gordon said that the firm had to expand its team because there is an increasing amount of insolvency work around. “We’ve seen an increased demand for expertise in troubled company workouts, and increased opportunities for dealmaking in the bankruptcy courts,” he said.`The office currently has three partners doing insolvency work, but has also seen an increase in work on both the debtor and creditor side. Head of the practice Bob Rosenberg is regarded as one of the top insolvency lawyers in the US, having acted on the massive reorganisation of Continental Airlines in the 1980s.
Los Angeles firm Latham & Watkins is bulking up its insolvency practice in New York and hiring a lawyer from Simpson Thacher & Bartlett.
Job of the week
- Akin Gump wins appeal in $380m Russian oil claim
- Linklaters smashes 2018 female board target but there’s still work to be done
- Latham loses former Carlyle in-houser to Linklaters
- The first female-led transatlantic merger is great news for gender diversity
- The 60 second interview: The uberisation of the legal profession is already underway
- High Court refuses LIA application to appeal $1.2bn Goldman dispute
- The 60 second interview: The sweet spot of in-house commercial awareness
- Pinsent Masons pilots new TMT consultancy practice
- Black History Month: “Clients must demand diversity from their law firms”
- Huawei UK legal boss: What Brexit will mean for the business
- Ogier Adeem deal wins restructuring award
- The three Irish firms championing gender diversity
- Ashurst rethinks annual appraisals with pilot launch in London
- The 60 second interview: Innovation is an overused buzzword
- Who will challenge Andrew Leaitherland for DWF’s top job?
- Irwin Mitchell loses three heads of business services teams
- New arrival at Ogier Guernsey trusts team
- Gowling WLG’s Vicky Fowler appointed chair of CPA
- Dishonesty in PI claims seminar
- Bär & Karrer advises on Humabs BioMed sale