Simpson Thacher Snags 2 Latham Partners
Two partners from Latham & Watkins in New York and Washington, D.C., have quietly moved to Simpson Thacher & Bartlett.
March 21, 2018 at 05:36 PM
4 minute read
Simpson Thacher & Bartlett, a firm that somewhat infrequently dips into the lateral market, has quietly picked up a pair of partners from Latham & Watkins, which was left reeling this week by the sudden departure of its former global chairman William Voge.
Earlier this month, Simpson Thacher added Latham's Eli Hunt as a partner for its M&A, energy and infrastructure practices in New York. Hunt's arrival comes a few months after the firm picked up Latham fund formation partner David Greene for its investment funds practice in Washington, D.C.
Hunt and Greene did not immediately return requests for comment left for them at Simpson Thacher. The firm itself did not respond to requests for comment about its additions.
Hunt, who made partner at Latham in 2010, represents public and private companies, which includes private equity funds and investors, in connection to various joint ventures, reorganizations and M&A deals.
In his time at Latham, he picked up roles on several notable transactions, including Siemens AG's $4.5 billion acquisition of U.S. software provider Mentor Graphics Corp., BC Partners in its joint $2.8 billion purchase with Medina Capital of CenturyLink Inc.'s data centers and Pleasanton, California-based grocery store chain Safeway's $9 billion sale to an investor group.
Greene joined Latham out of law school in 2005 and made partner at the firm in 2014. He decamped last November for Simpson Thacher, which did not announce his hire or that of Hunt. Greene's practice focuses on private equity fund formation and representing fund sponsors and investors in the forming, operating and investing of private funds and related alternative asset arrangements worldwide.
The additions of Greene and Hunt are the latest in a flurry of external recruits by Simpson Thacher in recent months. In January, the firm hired litigation partner Stephen Cutler in New York, where the former Wilmer Cutler Pickering Hale and Dorr securities co-chairman spent the past decade in-house at JPMorgan Chase & Co.
Last year Simpson Thacher also hired David Blass, a former associate general counsel at the U.S. Securities and Exchange Commission, as a partner in its investment funds practice in Washington, D.C., where Simpson Thacher added former Allen & Overy global antitrust co-chairman John Terzaken in August. In November, Simpson Thacher swooped in on Sullivan & Cromwell for bankruptcy and restructuring partner Michael Torkin in New York.
Torkin's addition saw Simpson Thacher be sued by Massachusetts-based legal recruiter Boston Executive Search Associates, which claimed it was owed nearly $1 million in unpaid fees for helping place Torkin at the firm. (The recruiter filed an amended complaint against the firm earlier this month in federal court in Manhattan.)
As for Latham, which took in more than $3 billion in gross revenue last year, only to be outmatched by Kirkland & Ellis, the firm had several high-profile additions and departures, including the impending retirement of Voge after he abruptly resigned from firm leadership as a result of ”communications of a sexual nature.”
Earlier this month, Latham landed former O'Melveny & Myers global restructuring co-chairman George Davis to serve as global co-chairman of its restructuring, insolvency and workouts practice. Latham also added Sidley Austin restructuring partner Jeffrey Bjork in Los Angeles and Alston & Bird's ex-International Trade Commission litigation chief Jamie Underwood in Washington, D.C.
As for departures, Latham saw its co-head of its global private equity practice Jennifer Perkins decamp for Kirkland & Ellis in New York, while Christopher Brearton, the former head of its office in Century City, California, left last month to become the COO of movie studio Metro-Goldwyn-Mayer Inc.
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