Davis Polk & Wardwell has opted to close its Frankfurt office when resident partner Patrick Kenadjian retires at the end of August, reports The Am Law Daily.

Kenadjian informed the firm earlier this spring that he intended to retire at the end of this year. In the meantime, the office's designated successor, London-based partner Harald Halbhuber, decided to leave the firm for personal reasons, according to managing partner John Ettinger.

The Frankfurt office, which was launched in 1991, has long focused on cross-border securities and M&A work. In January, Kenadjian headed a team advising Oesterreichische Kontrollbank on its offering of $1.25bn (£770m) in global notes.