Olswang has bolstered its restructuring practice, hiring DLA Piper partner Alicia Videon for its City offering.

Videon – who specialises in restructuring, with a particular focus on buying and selling distressed debt – joined Olswang's restructuring and insolvency practice earlier this week as a partner. She has experience in the UK, Hong Kong and Australia.

The appointment strengthens the restructuring side of Olswang's practice, which has previously focused more closely on insolvency. The practice sits within the firm's wider finance group, with Videon's hire taking the finance group to eight dedicated partners in total.

Olswang formed its standalone finance practice last year – splitting the group away from the wider corporate practice. The restructuring and insolvency lawyers now work on structuring and refinancing M&A, real estate and film financings, as well as formal insolvency proceedings.

Restructuring head Graeme Levy said: "Our restructuring and insolvency practice has developed considerably over the last 12 months in both corporate and litigious work."

The hire is the latest in a string of appointments for the City firm, which is moving to upgrade its transactional practice. Other recent additions including those of Faegre & Benson Alternative Investment Market specialist Max Audley in February and Sidley Austin finance partner Steve Clark at the end of last year.

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