David Nemecek, an adviser to distressed companies, private equity funds and opportunistic credit investors, has joined Simpson Thacher & Bartlett as partner and head of the newly created capital structure solutions practice.
The capital structure solutions practice integrates Simpson Thacher’s liability management and special situations and restructuring capabilities into a single global team of multidisciplinary practitioners. The practice is designed to provide companies, sponsors and lenders with unconflicted, client-aligned advice across the full spectrum of modern capital structure challenges, from financing strategy and liability management exercises to distressed M&A and Chapter 11 restructurings.
As part of this expansion, the firm also plans to open a Dallas office, aligned with the region’s growing client, capital and talent base.
“Dave is widely regarded as the preeminent architect of modern liability management and is one of the most influential advisers to distressed companies of his generation,” Alden Millard, chair of Simpson Thacher’s executive committee, said. “Over the past decade, companies, sponsors, lenders and creditors have all turned to Dave for his expertise in solving their most difficult capital structure challenges. We are thrilled to welcome him to the Firm and are excited about what lies ahead.”
Alexandra Kaplan and Brian Steinhardt, co-heads of the firm’s banking and credit practice, said, “Clients are facing an increasingly dynamic capital environment. They need counsel from multidisciplinary practitioners that combines technical excellence with strategic judgment, proven expertise and innovation. We are making a long-term investment to build a destination capital structure solutions practice under Dave’s leadership, enhancing our capabilities to deliver the most sophisticated, innovative and solutions-oriented advice in the market.”
“Simpson Thacher has one of the world’s premier global legal advisory platforms grounded in excellence, unparalleled client service and deep, long-term relationships,” Nemecek said. “Helping launch its capital structure solutions practice, alongside partners who are both exceptional lawyers and true collaborators, is a rare opportunity, and I am honored to join the team as we focus on providing the best advice to our clients.”
