Skadden, Arps, Slate, Meagher & Flom associate Felicia Gerber Perlman and King & Spalding accomplice Bradley Giordano have joined McDermott Will & Emery as partners in its restructuring and insolvency group.
Perlman will function the co-chair of the practice together with Timothy Walsh and Jeffrey Reisner.
“Both Brad and Felicia have played key roles in some of the most important and most complicated restructuring deals in recent years,” Walsh, who joined the company in 2012 from DLA Piper, said in a statement.
Their arrival in Chicago, together with the latest arrivals of Reisner from Irell & Manella—where he headed the financial ruin practice—and Kristin Going from Drinker, Biddle & Reath, will bolster its insolvency institution and demonstrates the company’s commitment to developing the institution in Chicago, Los Angeles and beyond, he brought.
Perlman has represented clients in complicated enterprise reorganizations, debt restructurings and insolvency subjects over her 20-yr career at Skadden. She has worked with debtors, lenders, creditors and other events in all levels of restructuring transactions, from Chapter 11 reorganizations to out-of-courtroom negotiations.
In 2016, she performed a lead function in representing oil and fuel producer Atlas Resource Partners, L.P. In its prepackaged Chapter eleven reorganization in 2016 inside the bankruptcy courtroom inside the Southern District of New York. She also represented the biotechnology enterprise Dendreon Corporation in its Chapter 11 reorganization in Delaware.
“McDermott has a strong transactional platform, in conjunction with a deep bench,” Perlman stated in a statement. “I look ahead to running with my new colleagues to build on the firm’s restructuring skills with an emphasis on complex enterprise aspect engagements.”
Giordano joined King & Spalding in 2018 from Kirkland & Ellis wherein he turned into an associate.
He additionally represents debtors, lender corporations, lenders, fairness sponsors and strategic investors in both in-courtroom and out-of-court docket restructurings. He additionally advises senior managers and boards of directors on operating in Chapter eleven filings and counsels credit and private equity fund clients on strategic acquisitions or tendencies of distressed assets.
“The strategic growth of the restructuring institution, its collaborative lifestyle in conjunction with the possibility to paintings intently with Felicia, and the whole group made the selection to sign up for McDermott a clean one,” Giordano stated in an announcement.
The addition of the pair by using McDermott comes amid a flurry of lateral movements within the financial disaster and restructuring space.
Hogan Lovells introduced former Delaware Bankruptcy Court Judge Kevin Carey to its commercial enterprise and restructuring practice. Debevoise & Plimpton added the pinnacle of Jones Day’s New York structuring practice Sidney Levinson and Gibson, Dunn & Crutcher picked up three of Jones Day’s restructuring legal professionals, together with Scott Greenberg the former co-head of its practice in New York.