Daily News: January 11, 2019

Knight, Persons Join Sidley Global Restructuring Practice


Mark Knight and Charles M. Persons joined Sidley Austin’s Global Restructuring practice as a partner and counsel, respectively. Knight will be based in the law firm’s London office, while Persons will operate out of Dallas.

Knight has experience in leading complex, precedent-setting multijurisdictional restructurings on both the creditor and debtor sides.

Before joining Sidley, Knight served as a partner and general counsel of an investment platform that services nonperforming loans in some of Europe’s most challenging restructuring jurisdictions, including Greece and Italy. Prior to that, he was a partner in the restructuring group of an international law firm where he advised clients on the acquisition, disposal and reorganization of distressed businesses.

“Mark Knight adds strength to our market-leading Restructuring practice,” commented James Conlan, global head of the Restructuring practice, and Patrick Corr, firm-wide Restructuring practice area team leader.

Persons has experience in the representation of major domestic and international debtors and creditors’ groups, building a practice around public and private out-of-court reorganizations and in-court Chapter 11 cases. He advises on a variety of multifaceted matters, including high-profile multinational restructurings, distressed acquisitions and a variety of bankruptcy litigation matters across multiple industries.

“The addition of Charles supports clients’ needs for strong restructuring capabilities here in Dallas,” said Yvette Ostolaza, managing partner of Sidley’s Dallas office and a member of the firm’s Management and Executive Committees.

“Sidley is well-known for its work on high-profile and complex Chapter 11 cases,” said Persons. “I’ve worked with many of the talented lawyers here at Sidley and am delighted to be joining such an incredible firm.”