White & Case under scrutiny as 12 finance partners quit for Latham
White & Case has been hit by a 12-partner walkout to US rival Latham & Watkins. It was confirmed on 29 January that a four-partner banking team has quit the London office, with Chris Kandel, the co-head of London bank finance, leaving alongside partners Sam Hamilton, Brian Conway and Jayanthi Sadanandan.
February 03, 2010 at 03:32 AM
2 minute read
12 partners quit White & Case finance team as Latham bolsters City, NY and Middle East
White & Case has been hit by a 12-partner walkout to US rival Latham & Watkins.
It was confirmed on 29 January that a four-partner banking team has quit the London office, with Chris Kandel (pictured), the co-head of London bank finance, leaving alongside partners Sam Hamilton, Brian Conway and Jayanthi Sadanandan.
The departures, already regarded as a significant blow to a practice that had previously suffered the high-profile departures of Maurice Allen and Mike Goetz to Freshfields Bruckhaus Deringer in March 2008, were followed on Monday (1 February) by a further eight partners leaving to join Latham globally.
The departing team includes London energy partner Craig Nethercott and co-head of the firm's global mining and metals group Glen Ireland.
The remaining departures include corporate partner Villiers Terblanche and energy and infrastructure partner Nick Collins, who will join Latham in Abu Dhabi. Projects partner Christopher Langdon and Riyadh office head Mohammed Al-Sheikh will further boost Latham's Middle East presence, with the group having a particular focus on Islamic finance.
In New York, corporate partner Christopher Cross and energy partner Clement Fondufe will round off the group.
The London banking departures mean the practice will be led solely by Magdalene Bayim-Adomako and will consist of two other partners – Barbara Choi and Antonia Rawlinson – and 30 associates. The losses will draw particular attention to the firm's relationships with Deutsche Bank and Goldman Sachs in the City.
Eric Berg, White & Case partner and global practice leader for banking, said: "Bank finance in London is an important area of practice for us and our clients and we remain fully committed to it. Plans were already in place to add depth to the partner team this year and the news will not distract us from our well-established strategy of providing a top-tier bank finance practice for the benefit of our clients."
Latham declined to comment on any of the new arrivals.
On 2 February it was also confirmed that former White & Case projects partner Neil Upton has quit DLA Piper for Greenberg Traurig Maher.
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