Elected and Appointed

Schnader Harrison Segal & Lewis appointed Jonathan W. Hugg as co-chair of the financial services litigation practice group. Hugg joins Stephen A. Fogdall in that role.

Hugg's practice concentrates on commercial and appellate litigation, with an emphasis on financial institution, real estate, regulatory enforcement and municipal matters.

He regularly litigates matters related to financial institutions and lenders, including cases involving commercial loan work-outs and lender liability, including to consumers; fraudulent transfers; privacy and bank secrecy; disputes arising under the Uniform Commercial Code, including lien priority disputes; fiduciary matters; bankruptcy trustees and adversary matters in bankruptcy court; loan participation agreements; and check fraud and warranties.

He frequently counsels and represents companies and their directors, officers and employees involved in pre-indictment investigations by federal and state authorities. Schnader's financial services team is composed of a multidisciplinary group of transactional and litigation attorneys who provide comprehensive legal services across the financial services spectrum, including real estate finance, asset-based finance, creditor's rights and restructuring, lender liability and consumer class action defense. 

Additions

Reed Smith brought on Elizabeth Tabas Carson as partner in its financial industry group. Tabas Carson, who joins the firm from Dechert, is dually qualified to practice in New York and Pennsylvania.

Tabas Carson concentrates her practice on banking and financing transactions including domestic and cross-border leveraged acquisition financings, fund financing, working capital financings, restructurings and other distressed transactions. She will also be a member of Reed Smith's growing global cross-border direct lending and acquisition finance teams. Tabas Carson regularly represents U.S. and international corporate borrowers, financial sponsors, portfolio companies, arrangers, agent banks, financial institutions and alternative capital sources on bilateral, club and broadly syndicated transactional finance matters across a variety of industries.

She also has experience with structuring and negotiating secured and investment grade credit facilities, first lien, second lien, mezzanine, unitranche and multi-tranche financings, liquidity lines, letter of credit facilities, trade financings, derivative-backed structured financings, restructurings, DIP loans, private placements and high-yield debt offerings. 

Tabas Carson advises on conflict-of-law issues (including with respect to sanctions regimes) and the differences between the U.S. Loan Syndications and Trading Association and the European Loan Market Association norms, market practices and standards.