Lovells raids CC for Dutch finance chief

Lovells has filled a gap in its international banking and finance capability with the hire of a high-profile partner from Clifford Chance in Amsterdam

Ken Breken will lead the Dutch side of the firm's banking and finance practice in the Netherlands.

Breken specialises in acquisition finance, asset finance and insolvency/restructurings and regularly acts for all the major Dutch banks, as well as handling Dutch transactions for international banks.

Breken will work with UK banking partner John Gilbert and senior assistant Peter Considine, who both relocated to Amsterdam in May 2001 when Lovells merged with Dutch firm Ekelmans Den Hollander. Their recent work has included restructurings for ING and the Amsterdam branch of Bank of Scotland.

Matthew Cottis, Lovells' head of international acquisition and leveraged finance, said: “Ken's arrival caps an extremely successful year for Lovells' European acquisition and leveraged finance team, following the lateral hire of Paris partner Jacques Bertran de Balanda from Clifford Chance in June 2001 and the appointment of Penny Angel and Adam Freeman as partners in London in May 2002. We've made some significant client gains and continue to recruit intensively at all levels.”

Breken is the second partner to join the international practice this month, following the move of Salans' New York head of financial institutions Russell DaSilva to Lovells' New York office.