Proskauer hires Dewey City steering group duo

Dewey & LeBoeuf London restructuring partners Mark Fennessy and Hazel Miller are set to join Proskauer Rose, meaning that all but one of the firm’s London steering group will have found new homes.

The pair, who joined Dewey last year from Orrick Herrington & Sutcliffe (21 September 2011), follow New York restructuring ace Martin Bienenstock, who joined Proskauer earlier this month (14 May 2012).

All three partners were in the Dewey team acting for creditors of bankrupt financial derivatives broker MF Global, with this ongoing instruction cited as a cue for their decision to join Proskauer together.

It is understood that neither Fennessy nor Miller have formally resigned, and both are still listed on the embattled US firm’s website.

The pair were one of five partners appointed to the London office’s steering group at the start of the month charged with preparing the UK LLP for closure (1 May 2012).

Former City managing partner Peter Sharp and institutional finance group chair Bruce Johnston both joined Morgan Lewis & Bockius (4 May 2012). No news has emerged on the destination of fellow group member Judith Harger, a tax partner and the only remaining member of the group not to have found a new firm.

Proskauer – which held unsuccessful merger talks with SJ Berwin in 2010 (15 November 2010) – has expanded significantly in London in the past year (19 September 2011).

It notably hired a City funds teams from SJ Berwin last year (27 July 2011).

In other Dewey London exits, corporate partner Dan Coppel has joined Jones Day, while US firm Locke Lord, which recently launched in the City, is set to hire Dewey’s UK employment head Sarah Linton.

Dewey, Proskauer, Fennessy and Miller did not immediately return requests for comment.