On the Move

Evercore Partners Inc. announces that Daniel A. Celentano has joined the firm's restructuring advisory practice as a senior managing director. He will be based in New York and join William Repko and David Ying in expanding Evercore's restructuring advisory business. Celentano was previously a senior managing director at Bear Stearns and formerly served as head of its Financial Restructuring Group. He advised clients across a broad range of industries on corporate restructuring projects while at Bear Stearns, including General Motors in the Delphi Chapter 11 case and will continue to advise General Motors while at Evercore.

Cadwalader, Wickersham & Taft LLP has named Deryck A. Palmer co-chairman of the firm's Financial Restructuring Department, joining colleague Bruce R. Zirinsky in managing the 65-member team of lawyers. Palmer concentrates his practice in the representation of debtors as well as creditors under Chapter 11, and has handled a wide variety of workout, corporate restructuring, and bankruptcy matters. He also has significant experience in Chinese commercial transactions and played a key role in advising on China's new bankruptcy code prior to its enactment into law, a development that is expected to open the Asian markets to even further adoption of Western finance techniques.

In a separate announcement, the firm also announced that Karl Clowry and Jackson Taylor, both members of the firm's Financial Restructuring Department in London, have been elected to the partnership. Clowry focuses his practice on debt restructuring and corporate refinancing. Taylor is a corporate insolvency lawyer, focusing on cross-border corporate restructuring.

Arnstein & Lehr LLP has formed a Commercial Solutions Service Group to address the complex legal issues that have emerged in connection with many current situations of financial distress. The group is to be chaired by Chicago partners Dino Armiros and Samuel Levine and is comprised of attorneys from its offices in both Chicago and Florida, who work in a variety of legal disciplines including Banks & Financial Institutions; Bankruptcy & Creditors' Rights; Condominium & Community Associations; Construction; Litigation; Real Estate; and Tax Practice Groups. The group anticipates working with banks weighing their legal options when faced with the possibility of taking over management of a property that is partially built, builders and developers, contractors, condo associations, and lenders and borrowers.

Evercore Partners Inc. announces that Daniel A. Celentano has joined the firm's restructuring advisory practice as a senior managing director. He will be based in New York and join William Repko and David Ying in expanding Evercore's restructuring advisory business. Celentano was previously a senior managing director at Bear Stearns and formerly served as head of its Financial Restructuring Group. He advised clients across a broad range of industries on corporate restructuring projects while at Bear Stearns, including General Motors in the Delphi Chapter 11 case and will continue to advise General Motors while at Evercore.

Cadwalader, Wickersham & Taft LLP has named Deryck A. Palmer co-chairman of the firm's Financial Restructuring Department, joining colleague Bruce R. Zirinsky in managing the 65-member team of lawyers. Palmer concentrates his practice in the representation of debtors as well as creditors under Chapter 11, and has handled a wide variety of workout, corporate restructuring, and bankruptcy matters. He also has significant experience in Chinese commercial transactions and played a key role in advising on China's new bankruptcy code prior to its enactment into law, a development that is expected to open the Asian markets to even further adoption of Western finance techniques.

In a separate announcement, the firm also announced that Karl Clowry and Jackson Taylor, both members of the firm's Financial Restructuring Department in London, have been elected to the partnership. Clowry focuses his practice on debt restructuring and corporate refinancing. Taylor is a corporate insolvency lawyer, focusing on cross-border corporate restructuring.

Arnstein & Lehr LLP has formed a Commercial Solutions Service Group to address the complex legal issues that have emerged in connection with many current situations of financial distress. The group is to be chaired by Chicago partners Dino Armiros and Samuel Levine and is comprised of attorneys from its offices in both Chicago and Florida, who work in a variety of legal disciplines including Banks & Financial Institutions; Bankruptcy & Creditors' Rights; Condominium & Community Associations; Construction; Litigation; Real Estate; and Tax Practice Groups. The group anticipates working with banks weighing their legal options when faced with the possibility of taking over management of a property that is partially built, builders and developers, contractors, condo associations, and lenders and borrowers.