U.K. law firm Ashurst announced that a team of 10 partners will be joining the firm's new offices in New York and Washington. The partners all come from McKee Nelson.
The new additions have extensive experience of advising on a wide variety of structured products, including credit and equity derivatives, distressed debt, municipal bonds, funds, CLOs/CDOs, general U.S. securities advice, tax issues and ERISA. The team joining comprises the following: William Gray, Douglas Bird, Richard Davis, Scott Faga, Eugene Ferrer, Tom Glushko, Steven Kopp, David Nirenberg, Patrick Quill, Michael Voldstad and Alice Yurke.
"These appointments present us with a unique opportunity to acquire a strong and entrepreneurial team that we know well operating in a core business area for the firm," said Charlie Geffen, senior partner of Ashurst. "Ashurst's award-winning securities and structured finance team already has a market leading reputation and the new hires will fit perfectly with our existing team and areas of expertise. This is an exciting step for Ashurst and demonstrates our resolve to develop our business even in the current difficult markets."