Legislation agency Paul Hastings has employed a group of restructuring, personal credit score and particular conditions attorneys to spice up its capabilities at a time when the asset class is coming below the highlight.
The group joins from King & Spalding throughout New York, Chicago, Houston and Washington DC. It consists of Jennifer Daly, who was co-head of the worldwide finance and restructuring follow, in addition to Roger Schwartz, Matthew Warren, Christopher Boies, Zachary Cochran, Peter Montoni, Geoffrey King, Lindsey Henrikson, and Robert Nussbaum.
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“We’re extremely enthusiastic about constructing on our premier restructuring and finance platforms with the addition of one of many main personal credit score and particular scenario teams within the US,” stated Frank Lopez, chair of Paul Hastings.
The group specialises throughout quite a lot of areas, together with enterprise growth corporations, direct lending transactions, restructuring and particular conditions issues , Chapter 11 proceedings and distressed acquisitions.
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Paul Hastings has been on a recruitment drive, beforehand hiring an 18-strong monetary restructuring group from Stroock & Stroock & Lavan, and bringing on companions Will Needham and Helena Potts in London from KKR and Shearman & Sterling, respectively.
This 12 months, the legislation agency has labored on the take-private of Squarespace by Blue Owl, Blackstone and Ares, in addition to the acquisition of Darktrace’s by Thoma Bravo, advising Goldman Sachs.
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