Daily News: May 29, 2012

Restructuring, Insolvency Team Joins Proskauer in London


Proskauer announced the hiring in London of a team of restructuring and insolvency lawyers led by partners Mark Fennessy and Hazel Miller, who join from Dewey & LeBoeuf, where Fennessy headed the European Restructuring Practice.

Fennessy and Miller’s focus are in corporate restructuring, special situations (involving financial restructuring mandates, including advice on funds-based, structured products and leveraged financing transactions) and insolvency litigation. The two have advised on many of the major restructurings of the past few years, ranging from structured investment vehicles and leveraged buyout restructurings, to major financial and corporate mandates, including MF Global, Lehman Brothers, Wind Hellas, General Motors and several commercial mortgage-backed securities restructurings.

“This is a first-class group of London-based restructuring lawyers who will combine with our U.S. team to provide clients with global service on restructuring and bankruptcy matters,” said Proskauer chairman Joseph M. Leccese.

“I had the pleasure of working previously with Mark and Hazel and have great respect and admiration for them. We are excited that our clients will benefit from the experience of our group as we continue to build out our capabilities globally,” said Proskauer partner Martin Bienenstock.