BLP banking and finance litigation head Hughes to join King & Spalding
Berwin Leighton Paisner's banking and finance litigation head David Hughes is set to join King & Spalding.
April 16, 2014 at 12:02 PM
3 minute read
Berwin Leighton Paisner's (BLP) banking and finance litigation head David Hughes is set to join King & Spalding (K&S).
Hughes, who becomes the latest in a string of senior exits from BLP, has been head of the firm's banking litigation team since his arrival from DLA Piper in 2005.
He specialises in advising banks, finance and trading houses in a range of disputes, as well as asset recoveries, capital markets security enforcements, and other fraud and money laundering issues.
As a regulatory adviser, he has also conducted a Section 166 Skilled Persons Report on behalf of the legacy Financial Services Authority.
Commercial dispute resolution group partner Oliver Glynn-Jones will replace Hughes in the role at BLP, taking over on 1 May.
Glynn-Jones is currently acting on a number of issues resulting from the collapse of Lehman Brothers, including the Eurosail case which recently went to the Supreme Court. The firm's litigation and disputes head Jonathan Sacher said: "Oliver has proved himself to be a strong leader for the firm. His new role comes at a time of significant growth for our banking litigation practice with important international opportunities which have never been so promising".
K&S declined to comment on Hughes' move, which follows a number of partner departures from BLP's finance team in the last two months.
Real estate finance chief Laurence Rogers led a three-partner move to DLA Piper in February, soon followed by structured finance partner Lucy Oddy, who left for Latham & Watkins. Real estate finance partners Andrew Flemming and Jo Solomon have also left for Hogan Lovells.
Last October, finance head Matthew Kellett announced his resignation, prompting a review of the practice, led by former Clifford Chance managing partner Tony Williams.
Besides Kellett, other significant departures from the finance team since last summer include Ben Larkin and Michael Weir who have both joined Jones Day, and Richard Todd and Trevor Wood, who defected to Mayer Brown last October.
Meanwhile, K&S this week announced it had hired Cleary Gottlieb Steen & Hamilton partner Werner Meier to head the firm's European restructuring practice.
Meier, who will split his time between London and Frankfurt, focuses on both German and international restructuring matters, as well as capital markets, high yield, syndicated loans, securitizations and other structured finance transactions.
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