Cadwalader bolsters restructuring team with partner hires

Global law firm Cadwalader has expanded its financial restructuring practice with the appointment of partners Shai Schmidt in New York and Jakeob Brown in London.

The hires strengthen the firm’s capabilities across the NY-LON corridor as it continues to grow its service offering for secured creditors and alternative credit clients.

Shai represents lender and noteholder groups, hedge funds and asset managers across a range of restructuring transactions and disputes. 

He said: “I’m excited to join Cadwalader. 

“I’ve long been impressed with the firm’s reputation for client service and innovation, and I believe my restructuring practice and the clients I represent in LMEs and in‐court bankruptcies will benefit tremendously from Cadwalader’s world‐class restructuring, debt finance and other capabilities.”

Jakeob advises hedge funds, institutional investors and credit funds on cross-border restructurings, special situations and private credit matters.

He added: “I represent market participants on the full credit lifecycle and I feel Cadwalader will serve as an excellent platform to help my clients navigate an increasingly sophisticated and fragmented landscape of restructuring, private credit, capital solutions and complex finance. 

“I’m looking forward to hitting the ground and getting started.”

Their appointments follow increased activity for Cadwalader’s restructuring practice, which recently ranked second globally for advising creditors in out-of-court restructurings.

Co‐managing partner Pat Quinn added: “We’re thrilled to welcome Shai and Jakeob to Cadwalader. 

“As we continue to grow our firm’s lending practices to meet market demand on both sides of the Atlantic, the additions of Shai and Jakeob will materially bolster our ability to provide our creditor clients with support throughout the investment life‐cycle.”

Co‐managing partner Wes Misson added: “Cadwalader continues to develop a multi‐faceted restructuring practice. 

“Jakeob and Shai’s additions reflect our strategic expansion from a traditional bankruptcy practice to a modern “special situations” practice that covers the full spectrum of in‐ and out‐of‐court restructurings and liability management transactions. 

“We expect our new restructuring partners will add great value to our clients on both sides of the Atlantic in their most challenging situations.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →