Mayer Brown has hired Barbara Goodstein as a partner in the banking and finance practice in New York. She was formerly a partner with Dewey & LeBoeuf.

Aside from Goodstein, Mayer Brown has hired other lawyers from Dewey & LeBoeuf since talks emerged of the beleaguered law firm's potential bankruptcy filing.

Mayer Brown earlier hired Stephen Rooney as a partner and co-leader of its insurance finance group and Richard Spitzer as a partner in the same group.

The new hire is a featured columnist for The New York Law Journal’s “Secured Transactions” section and a Fellow of the American College of Commercial Finance Lawyers. She was previously on the board of directors and executive committee of the Equipment Lease and Finance Association.

Goodstein’s transactional and restructuring experience involves such structured financings as CDOs such as CDOs of ABS and CLOs.

She also focuses on structured and general commercial financings of assets, including auto, trade, health care, timeshare and lease receivables, sports franchises, intellectual property, transportation equipment (such as aircraft, aircraft engines, railcars and vessels), technology equipment, medical equipment, communications and office equipment, construction equipment, and marine and inter-modal containers.

Her background includes debt workout and restructuring experience mostly representing senior creditors and syndicate groups, bondholders, and secured creditors both in and out of bankruptcy; foreclosures, DIP and exit financing; contested and consensual bankruptcy matters; and other financial and legal restructurings.

“Barbara is a nationally known finance attorney and is widely recognized in the finance industry for the depth and breadth of her experience in both commercial and structured finance,” said Stuart Litwin, co-leader of Mayer Brown’s banking and finance practice and its structured finance group. “Mayer Brown has one of the top-ranked, leading structured finance practices in the world. Barbara brings additional skills to our practice in financing non-traditional assets and gives us greater depth in restructuring failed transactions.” 

“Mayer Brown’s top-tier global structured and commercial finance, and restructuring practices will provide a great platform for me to assist clients as they explore and maximize both current and developing market opportunities,” Goodstein stated.

“Barbara’s arrival underscores the continued strategic growth of our New York office, where we have added more than a dozen lateral partners in the last two years in key practice areas to help better serve the needs of our clients,” said Richard Spehr, partner-in-charge of Mayer Brown’s New York office.

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