Chapman and Cutler hired Kenneth Marin to be part of its recently opened New York City office. Marin is a partner in the firm's asset securitization practice. Marin has represented issuers, underwriters, investors and credit enhancers in securitization deals involving a diverse array of performing and distressed assets. He also has a substantial derivatives practice and helped pioneer the use of covered bonds in the U.S. Marin was previously at McKee Nelson, where he was a partner in the corporate finance department and co-head of the firm's covered bonds team.
Richard Gugliada, who was formerly the head of Standard & Poor's global analytics team and before that led the rating agency's CDO group, has landed at SecondMarket, which is a centralized marketplace for illiquid assets, including auction-rate securities, bankruptcy claims and illiquid blocks and restricted securities in public companies. Before S&P, Gugliada was with lender CIT Group and prior to that, was with the securitization practice at Citigroup.