Brown Rudnick Expands Special Situations & Distressed Debt Practice Group With New Partner Hires
PUBLISHED ON: 03/11/2019
London, 11 March 2019: International law firm Brown Rudnick LLP is pleased to announce the expansion of its Special Situations & Distressed Debt Practice Group with the appointment of two new partners, James Cole and Iden Asl.
James Cole was previously a partner in the corporate group of Paul Hastings LLP and at Weil, Gotshal & Manges LLP, where he was London head of the Corporate and Capital Markets Team. James manages transactions involving a wide variety of industries, capital structures and asset classes. James is recommended for Capital Markets: Equity by The Legal 500 UK and for UK Capital Markets by Chambers UK, Chambers Europe and Chambers Global.
Iden Asl joins from Mandel, Katz & Brosnan LLP. His practice focuses on secondary loan trading markets, where he has advised banks, funds, and other financial institutions on issues related to the purchase and sale of distressed assets.
The appointments of James and Iden further enhance the expertise and experience within Brown Rudnick’s Special Situations & Distressed Debt Group. Co-chaired by partners Tuvi Keinan, Steve Wasserman and Louisa Watt, the Group advises clients including funds, financial institutions and family offices on the acquisition and sale of loan portfolios, syndicated bank loans, debt instruments, derivatives, insolvency, and litigation claims throughout Europe, the United States and Asia.
Louisa Watt said: “We are delighted to welcome two highly talented individuals in Iden and James to the firm. Their extensive experience will bring added value to the Special Situations practice as we look to build on our fast-growing reputation in the market.”
Neil Micklethwaite, Managing Partner of the firm’s London office, said: “The arrival of James and Iden showcases the coveted blend of talent within the distressed debt and claims trading asset class. They join an already formidable team, which we expect to see reach new heights in 2019.”
The new partners join as the firm announces a transition in leadership. Brown Rudnick announced last week that William R. Baldiga will become Chief Executive Officer and Chairman of the Firm's Management Committee, effective upon the retirement of current Chief Executive Officer Joseph F. Ryan on March 15, 2019.
Baldiga takes the reins during a period of significant growth of such market-leading practices as white-collar defence, international arbitration, M&A and intellectual property litigation across its platform both in the United States and in its rapidly expanding offices in London and Paris.
About Brown Rudnick LLP
At Brown Rudnick, we combine ingenuity with experience to achieve great outcomes for our clients. We deliver partner-driven service; we incentivise our lawyers to collaborate in the client’s best interest; and we put excellence before scale, focusing on practices such as life sciences, corporate restructuring, M&A, white collar defence, international disputes and intellectual property, where we are recognised leaders. We have more than 250 lawyers and government relations professionals across the United States and Europe, with offices in key financial centres. Beyond the United States and Europe, we serve clients in the Middle East, North Africa, the Caribbean and Latin America.
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