Insolvency and restructuring

Simmons & Simmons

BCLP loses restructuring head to Simmons

Simmons & Simmons has hired Bryan Cave Leighton Paisner’s EMEA head of restructuring. The firm has recruited Ben Jones to its restructuring and special situations team in London. Starting from May, Jones will rescind his role at BCLP, which he has held for four years first at legacy Berwin Leighton Paisner and then in its […]

Linklaters finance partner exits for Latham

Latham & Watkins has added another partner to its expanding restructuring and finance groups in London, with Bruce Bell joining from Linklaters. Bell was promoted to partner at Linklaters in 2005, having moved across as an associate from Wilde Sapte in 2000. In Latham’s restructuring group, he will be reunited with fellow Linklaters alumni such […]

Paris Eiffel Tower

BCLP replenishes Paris office with Brown Rudnick restructuring hire

Bryan Cave Leighton Paisner (BCLP) is looking to boost its team in Paris after a team raid by Addleshaw Goddard earlier this month. BCLP has taken on Didier Bruere-Dawson, who has been working in Brown Rudnick’s bankruptcy and restructuring practice since 2015. He previously spent 11 years at local Paris firm De Gaulle Fleurance & […]

Square Mile Heron Tower

Weil Gotshal restructuring partner joins Dechert

The head of Weil Gotshal & Manges’ City restructuring practice is leaving the firm for Dechert. London partner Adam Plainer is departing after a decade. Plainer joined Weil from Jones Day in 2010. At the time, he had been given the remit of building up the practice when it comes to work across distressed M&A and […]

St Pauls London

Goodwin lands first lateral of 2021 from Bakers

Goodwin Procter has recruited a restructuring partner from Baker McKenzie, the latest addition as part of a sustained hiring push in the City. The US firm has attracted partner Geoff O’Dea, who will leave Bakers next month after more than three years. O’Dea was hired from Freshfields Bruckhaus Deringer in 2017. That year, he joined […]

Reed Smith

Sidley sees latest London partner exit to Reed Smith

Reed Smith has hired a new finance partner from Sidley Austin, with the latter witnessing a spate of exits from its London outpost over the last few months. The US firm has taken on partner Jason Richardson, who will join its financial industries group. Richardson has spent most of his career at Sidley, which he has […]

exit

Simpson Thacher scoops City restructuring duo – at last

Simpson Thacher & Bartlett has hired two partners from Freshfields Bruckhaus Deringer and Kirkland & Ellis as it kickstarts a restructuring practice in the City. The firm has recruited Adam Gallagher from the magic circle firm and James Watson from Kirkland. Gallagher is the more senior of the two hires, having been profiled in The […]

Arcadia Topshop

ASOS calls on Slaughters in Topshop deal

Slaughter and May and Freshfields Bruckhaus Deringer are acting on ASOS’ £295m acquisition of a clutch of high street brands from collapsed retail group Arcadia. Led by corporate partner Andrew Jolly, Slaughters is at the helm for ASOS which has taken on the Topshop, Topman, Miss Selfridge and HIIT brands for £265m, and a further […]

Paperchase

City firms steer Paperchase towards rescue deal

Baker McKenzie and Mayer Brown have helped secure a rescue deal for Paperchase after the business suffered severe disruptions from Covid-19 lockdowns. Following the appointment of administrators from PwC on 28 January, the stationery chain has been sold in a pre-pack administration to Permira Debt Managers. Bakers’ banking and finance partner Geoff O’Dea has taken […]

debenhams

Freshfields and TLT steer Boohoo’s acquisition of Debenhams

Freshfields Bruckhaus Deringer is advising Debenhams’ administrator FRP Advisory as  Boohoo snaps up the department store’s brand. The deal does not include any of Debenhams’ remaining 118 High Street stores or its workforce, meaning that up to 12,000 jobs at the department store chain are set to go. Freshfields global restructuring and insolvency head Ken Baird […]

Bishopsgate

Fried Frank lures new restructuring lateral from Reed Smith

Fried Frank Harris Shriver & Jacobson has hired its second restructuring specialist in the City, as firms look to bulk up amid a wave of deal opportunities. The London outpost of the US firm has hired partner Mandip Englund, who has spent almost two years at Reed Smith. Starting in late February, she will work […]

Proskauer restructuring duo leave for McDermott

McDermott Will & Emery is building up its City restructuring practice with the hire of Proskauer’s European restructuring head. Mark Fennessy joins McDermott as head of restructuring in London with fellow restructuring lawyer Sunay Radia, who joins as a partner. Fennessy spent eight years at Proskauer where he specialised in all areas of contentious and […]