Reed Smith is to bring in a new finance and restructuring partner, its first London lateral in months. The firm has taken on Kathleen Garrett, a senior partner at Irish firm Arthur Cox who will join Reed Smith’s financial industry group in London. Over thirty years, Garrett has built a practice specialising in finance and […]
Greenberg Traurig has added a new partner in the City with the hire of Latham & Watkins’ former global co-chair of restructuring and special situations. John Houghton joins Greenberg after 20 years at Latham, where he held senior roles including global co-chair of restructuring and special situations and European head of the practice. With an […]
Four City firms have picked up fees amounting to millions of pounds, after advising on the collapse of Arcadia’s retail empire. Freshfields Bruckhaus Deringer racked up £2.6m worth during a six-month period, according to the latest progress report. As the main legal adviser on the matter, Freshfields has incurred almost 95 per cent of the […]
In the recent case of Re Grand State Investments Limited, the Grand Court of the Cayman Islands struck-out a winding-up petition presented against Grand State Investments Limited by a shareholder claiming a debt on the ground that the alleged debt was disputed on bona fide and substantial grounds.
Linklaters is advising on the £420m sale of Topshop’s flagship Oxford Street store. Restructuring partner Richard Hodgson and managing associate Max Krasner have taken on the work for Interpath Advisory, KPMG’s former restructuring practice. In March, KPMG sold its UK restructuring practice to HIG Capital, renaming it Interpath. KPMG said that the decision to sell the […]
Shearman & Sterling has hired a second lateral in its restructuring practice this week, this time from Latham & Watkins. The US firm has taken on London partner Helena Potts, who has worked in the London office of Latham & Watkins for nine years. She has a focus on restructurings involving defined benefit pension schemes […]
Allen & Overy is among the firms advising as embattled financial company Greensill Capital files for administration. The magic circle firm is understood to have picked up the mandate for the company, with partners Katrina Buckley, Joel Ferguson and Ian Field at the helm of the team. They are working opposite their former A&O colleague […]
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 […]
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 […]
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 & […]
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 […]
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 […]