Greenberg acquires 50-lawyer Dewey Poland team alongside London partner duo
Greenberg Traurig has sealed the hire of Dewey & LeBoeuf's highly touted Warsaw office and London corporate finance duo Frank Adams and Federico Salinas, with the firm also closing in on a deal to take on Dewey executive partner Steve Horvath. The deal will see Dewey's Poland team - which currently comprises six equity partners and more than 50 lawyers - launch an office in the country for Greenberg.
May 14, 2012 at 07:48 AM
3 minute read
Greenberg Traurig has sealed the hire of Dewey & LeBoeuf's highly touted Warsaw office and London corporate finance duo Frank Adams and Federico Salinas, with the firm also closing in on a deal to take on Dewey executive partner Steve Horvath.
The deal will see Dewey's Poland team – which currently comprises six equity partners and more than 50 lawyers – launch an office in the country for Greenberg.
The new base, Greenberg's 35th office around the world, will operate as Greenberg Traurig Grzesiak, taking the name of Warsaw managing partner Jaroslaw Grzesiak.
The team, which also includes senior partner Lejb Fogelman, corporate partners Andrzej Wysokinski and Ireneusz Matusielanski, advises on a range of corporate and finance transactions including private equity, restructuring, joint ventures, public offerings and public M&A.
Adams, Dewey's EMEA corporate finance head and a member of the firm's executive committee, is set to join Greenberg's UK partnership, with capital markets partner Salinas, who is currently based in London, initially relocating to Poland to join the Warsaw team.
Meanwhile, Horvath, who was handed the executive partner role in March when Dewey overhauled its senior management, is also in advanced negotiations to join Greenberg. His practice covers corporate and project finance, privatisation and commercial transactions, and is closely linked to the Polish team.
However, the terms of his move are being negotiated separately due to his senior status at Dewey, as he is currently leading the firm's ongoing wind-down.
Departures from the embattled firm's international network have continued apace over the past week, with bankruptcy chief Martin Bienenstock joining Proskauer Rose along with five other partners.
Bienenstock was one of the last two members of Dewey's 'office of the chairman' management team. His departure leaves Washington DC partner Charles Landgraf as the sole remaining member of the governing body, after Richard Shutran and Jeffrey Kessler last week left to join O'Melveny & Myers and Winston & Strawn respectively. Dewey's former chairman Steven Davis is under investigation by the district attorney's office in Manhattan.
Elsewhere, Dewey's 18-partner Italian arm is planning to operate as a standalone firm, while three partners in Beijing are understood to be in talks with McDermott Will & Emery, which has also picked up three partners to launch its new Frankfurt base.
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