New York City. Photo: Shutterstock.comLinklaters Loses Funds Team in New York
The departure of three funds lawyers makes Linklaters the second London firm to lose talent in New York this week.
April 02, 2019 at 12:10 PM
3 minute read
The original version of this story was published on The American Lawyer
Debevoise & Plimpton announced on Tuesday that it will be adding three funds lawyers from Linklaters, including the head of the U.K. firm's investments funds group in New York, Lorna Bowen.
The news that Bowen, Justin Storms and Andrew Ford are set to join Debevoise on April 15 makes Linklaters the second London firm losing partners in New York this week. On Monday, Orrick Herrington & Sutcliffe announced that it had hired an infrastructure expert from Ashurst.
"Lorna, Justin and Andrew are tremendously talented attorneys who are highly respected in the asset management industry. Their addition to our premier global investment funds practice is exciting for the firm, further enhancing the talent and resources we make available to our clients seeking exceptional fund formation advice," Michael Blair, the firm's presiding partner, said in a statement.
Bowen, Storms and Ford together represent a range of alternative asset managers. They focus on the structuring, formation and regulation of funds investing in all types of alternative asset classes, often as first movers.
"Debevoise has a stellar reputation around the world as a preferred partner for investment firms seeking the highest quality, most commercial, market-aware and creative advice," Bowen said in a statement.
The Debevoise funds practice broke its previous revenue records this past year, advising on more than 100 private funds targeting more than $125 billion in commitments, according to private equity group co-chair Rebecca F. Silberstein.
"We have worked closely with Lorna, Justin and Andrew on complex client matters for years and have been impressed by the team's creativity, keen insight and practical approach," Silberstein said in a statement. "Collectively, they have represented some of the world's largest and most prestigious funds, and will provide enormous value to our clients as our funds practice continues to grow."
Debevoise hired several funds partners in 2017, bringing on Patricia Volhard from German firm Pöllath + Partners in London and Frankfurt, as well as Simon Witney in London from King & Wood Mallesons.
A spokeswoman for Linklaters said the firm remained committed to growing its funds practice in the U.S., both in New York and Washington, D.C.
"Lorna, Justin and Andrew have been great colleagues and we wish them well in the next phase of their careers," she added.
The firm has made a series of lateral partner hires in Washington in recent months, most recently bringing on bankruptcy partner Amy Edgy from Jones Day and financial regulatory partner Jerome Roche from Mayer Brown.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
New Frontiers: Gaillard Banifatemi Shelbaya Launches in Cairo and Abu Dhabi
4 minute read
Travers Gives Holiday Bonus, Ropes & Gray Reduces Time Off Allowance
1 minute read
Japan’s Mori Hamada Joins Funder LCM for $150M Credit Suisse Bonds Claim
Trending Stories
- 1These 2 Lawyers Just Became Florida Judges
- 2'Disease-Causing Bacteria': Colgate and Tom’s of Maine Face Toothpaste Class Action
- 3Trump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work
- 4Armstrong Teasdale's London Creditors Face Big Losses
- 5Texas Court Invalidates SEC’s Dealer Rule, Siding with Crypto Advocates
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
