On the Move

Dickstein Shapiro LLP has launched a New York bankruptcy practice for the Washington, D.C.-based firm and has recruited a pair of New York bankruptcy lawyers from Orrick, Herrington & Sutcliffe. The firm named Arnold Gulkowitz as partner in its Business & Securities Law group, resident in the Bankruptcy and Creditors' Rights practice. His practice is focused on bankruptcy, debt restructuring, structured finance, and corporate work. Also joining the New York office in the Bankruptcy and Creditors' Rights practice is counsel Brian E. Goldberg.

Cravath, Swaine & Moore LLP has announced that effective July 1, 2007, Richard Levin will join the firm as a partner to head its newly established restructuring and insolvency practice. He joins Cravath from Skadden, Arps, Slate, Meagher & Flom LLP, where he was a partner in that firm's corporate restructuring department. Previously, Levin served as counsel to a subcommittee of the House Judiciary Committee from 1975 to 1978 and was one of the principal authors of the Bankruptcy Code and the Bankruptcy Reform Act of 1978. He has significant experience guiding debtor and non-debtor clients through insolvency restructuring or reorganization, structuring and negotiating complex deals involving bankrupt companies and directing litigation in support of the negotiations.

O'Melveny & Myers LLP has announced that Michael J. Sage, formerly the co-chair of Stroock & Stroock & Lavan LLP's Financial Restructuring Group, along with fellow former Stroock partners Gerald C. Bender, Doron Lipshitz, and Patricia M. Perez, have joined O'Melveny's New York office. Sage will be co-head of O'Melveny's Business Restructuring and Reorganization Group, along with San Francisco-based partner Suzzanne Uhland. Sage, a member of this Newsletter's Board of Editors, has a restructuring practice that focuses on the representation of funds, with a particular emphasis on the M&A aspects of bankruptcy practice. Private equity and distressed debt funds are a focal point of his expertise. He represents ad hoc bondholder committees, official creditors' committees, acquirers, and debtors in bankruptcy proceedings and out-of-court restructurings.

FTI Consulting, Inc . has announced the launch of a London-based European restructuring advisory practice and has hired 11 leading restructuring professionals with significant experience and proven reputations in the European marketplace. The London team is led by Senior Managing Directors Kevin Hewitt, Paul Inglis and David Morris, who were formerly partners within Ernst & Young's restructuring practice. The introduction of this practice marks a key step in FTI's plans to build a European restructuring practice with complementary transaction advisory capabilities.

Dickstein Shapiro LLP has launched a New York bankruptcy practice for the Washington, D.C.-based firm and has recruited a pair of New York bankruptcy lawyers from Orrick, Herrington & Sutcliffe. The firm named Arnold Gulkowitz as partner in its Business & Securities Law group, resident in the Bankruptcy and Creditors' Rights practice. His practice is focused on bankruptcy, debt restructuring, structured finance, and corporate work. Also joining the New York office in the Bankruptcy and Creditors' Rights practice is counsel Brian E. Goldberg.

Cravath, Swaine & Moore LLP has announced that effective July 1, 2007, Richard Levin will join the firm as a partner to head its newly established restructuring and insolvency practice. He joins Cravath from Skadden, Arps, Slate, Meagher & Flom LLP, where he was a partner in that firm's corporate restructuring department. Previously, Levin served as counsel to a subcommittee of the House Judiciary Committee from 1975 to 1978 and was one of the principal authors of the Bankruptcy Code and the Bankruptcy Reform Act of 1978. He has significant experience guiding debtor and non-debtor clients through insolvency restructuring or reorganization, structuring and negotiating complex deals involving bankrupt companies and directing litigation in support of the negotiations.