Daily News: March 14, 2013

Milbank Adds to Leveraged Finance & Financial Regulations Group

Milbank, Tweed, Hadley & McCloy announced that Douglas Landy, one of the country’s leading banking and financial services regulatory lawyers, has joined the firm as a partner in the Leveraged Finance and Financial Regulations Group in Milbank’s New York office.

Landy joins Milbank from the New York office of Allen & Overy, where he was head of the U.S. Financial Services Regulatory Practice. He is a former staff attorney at the Federal Reserve Bank of New York.

Landy represents many global financial institutions in their U.S. regulatory matters, including dealings with the Federal Reserve, SEC and other regulatory agencies. He is expert in financial services regulation and was a visible and outspoken presence for his clients during and following the financial crisis. Notable recent representations include representing a group of more than two dozen foreign banks in 2012 challenging the proposed Volcker Rule provisions of Dodd-Frank.

At Milbank, Landy will help the firm’s financial services clients navigate federal and state regulation and legislative rulemaking. His practice will reach all of the global financial institutions that call on the firm for their capital markets, M&A, project finance, bankruptcy and litigation matters.

“The need for expert regulatory and compliance counsel is a top priority for our banking and financial services clients,” said Milbank chairman Scott Edelman. “Doug Landy has for years practiced at the front lines of the regulatory regimes for many of the world’s top banks and financial institutions.

Edelman added, “His range of expertise and his experience have given him genuine star-power in the industry. In the swirl of Dodd-Frank, Basel III, the Volcker Rule, stress testing, LIBOR scandals and so much more, Doug is a powerful and wise advocate. We’re thrilled to share his talents and counsel with our own banking and financial services clients.”

Landy earned his J.D. cum laude in 1993 from Boston College.

Milbank, Tweed, Hadley & McCloy is an international law firm providing legal solutions to clients throughout the world.