Ashurst announces that a team of 12 partners will join the
firm from McKee Nelson LLP in New York and Washington DC.
Recognised as leading practitioners in their areas, the partners
have extensive experience of advising on a wide variety of
structured products, including credit and equity derivatives,
distressed debt, municipal bonds, funds, CLOs/CDOs, general US
securities advice, tax issues and ERISA. The team joining comprises
William Gray, Douglas Bird, Richard Davis, Scott Faga, Eugene
Ferrer, Tom Glushko, Joyce Gorman, Steven L Kopp, David Z
Nirenberg, Patrick Quill, Michael Voldstad and Alice Yurke.
Ashurst's securities and structured finance team offers specialist
advice on a broad spectrum of capital markets and structured
finance transactions, with particular focus on structured and
derivatives products. It advises on the market's most innovative
products and complex structures.
Erica Handling, head of
Ashurst's securities and structured finance practice, commented:
"The addition of a team of this calibre greatly enhances the
strength of Ashurst's international offering in a market in which
we see continued opportunity and future growth potential. All
members of the team have outstanding track records and credentials
and this is a key step towards cementing our position as a market
leader in structured finance."
Charlie Geffen, senior
partner of Ashurst, added:
"These appointments present us with a unique opportunity to acquire
a strong and entrepreneurial team that we know well operating in a
core business area for the firm. Ashurst's award-winning securities
and structured finance team already has a market leading reputation
and the new hires will fit perfectly with our existing team and
areas of expertise. This is an exciting step for Ashurst and
demonstrates our resolve to develop our business even in the
current difficult markets."