Former DLA Piper restructuring head to join McGuire Woods
DLA Piper's former head of restructuring Simon Nielson-Clark is to join the London office of McGuire Woods as a partner.
April 25, 2014 at 07:02 AM
2 minute read
DLA Piper's former head of restructuring Simon Nielson-Clark is to join the London office of McGuire Woods as a partner.
Nielson-Clark, who is leaving DLA next week, will become the 23rd partner in the US firm's City office when he joins in mid-May.
"McGuire Woods is a great place to build a restructuring practice," Neilson-Clark told Legal Week. "All the action is with the US connections, because that's where a large number of the funds are, so the idea is to utilise the current platform to find distressed situations."
Neilson-Clark joined DLA when he qualified in 1990, later going on to head the EMEA restructuring practice group between 2004 and 2007.
He acts for a range of borrowers, lenders and insolvency practitioners on commercial disputes and distressed asset sales, and advised PwC's Mike Jervis on the administration of Lehman Brothers Limited in Europe.
Between 2010 and 2012, Neilson-Clark advised Jones Lang LaSalle on the disposal of Goldman Sachs' European Headquarters, at the time of closing the largest distressed real estate transaction.
Last year, he led a DLA team advising Ernst & Young on the sale of bed retailer Dreams to a new company controlled by private equity house Sun Capital Partners.
McGuire Woods has made a number of significant hires in the London market in recent years, including the Financial Conduct Authority's (FCA) chief criminal counsel David Kirk last September.
In 2011, the US firm signalled its intention to build a litigation platform in the City with the hires of Herbert Smith Freehills litigation partner Hardeep Nahal, and the Serious Fraud Office's former general counsel Vivian Robinson QC.
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