Bakers man Magyar opts for Dewey switch
Baker & McKenzie is set to lose rated London capital markets partner Peter Magyar to Dewey Ballantine. Magyar, who handed in his notice at Bakers last week, is expected to join Dewey in September to lead the New York law firm's European capital markets practice. His arrival will take Dewey's London capital markets practice to six partners, from a total of 27 partners across the European debt and equity capital markets group.
August 06, 2007 at 07:17 AM
2 minute read
Baker & McKenzie is set to lose rated London capital markets partner Peter Magyar to Dewey Ballantine.
Magyar, who handed in his notice at Bakers last week, is expected to join Dewey in September to lead the New York law firm's European capital markets practice. His arrival will take Dewey's London capital markets practice to six partners, from a total of 27 partners across the European debt and equity capital markets group.
Magyar, a previous head of Bakers' European capital markets group, focuses on Central & Eastern Europe and other emerging European markets.
Recent deals on which he has advised include acting for Ferrexpo on its $2bn (£980m) initial public offering earlier this summer, when it became the first Ukrainian company to make a full listing on the London Stock Exchange. He has also previously acted for banking giant ING.
Magyar told Legal Week: "I have no complaints about Bakers but joining Dewey is a wonderful challenge. It is a white shoe firm with a great history and reputation in the US. It has a relatively low profile in Europe but is focused on building up Europe and capital markets in particular."
The move comes after Dewey's City arm lost a two-partner capital markets team led by Camille Abousleiman to LeBoeuf Lamb Greene & MacRae in January. The firm has since brought in former Linklaters capital markets specialist Lee Parker and Freshfields Bruckhaus Deringer capital markets partner Carlo Kostka.
Magyar's hire coincides with the departure of Dewey's sole UK tax partner, David Blumenthal, to Mishcon de Reya.
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