Baker McKenzie has bolstered its Corporate & Securities Practice in New York by adding Debra Dandeneau and Peter Goodman, two prominent bankruptcy lawyers. The pair brings decades of experience in insolvency and restructuring matters, further strengthening the Firm's transactional capabilities in New York and North America.
"In a period of continued global uncertainty, multinational companies need strong transactional and restructuring capabilities in New York as they optimize their businesses by undertaking reorganizations, including complex cross-border restructurings," said Amar Budarapu, Chair of Baker McKenzie's North American Corporate & Securities Practice. "Deb and Peter have built sophisticated and well-respected practices that are a great fit for our growing team."
Ms. Dandeneau, a seasoned bankruptcy attorney with 30 years of experience, joins the Firm from Weil, Gotshal & Manges. She will serve as co-head of the Firm's Global Restructuring and Insolvency Group, and Chair of the North American Restructuring and Insolvency Group. She has been repeatedly recognized by Legal 500, Best Lawyers and other publications as one of the top bankruptcy and reorganization lawyers in the US. Ms. Dandeneau worked on some of the largest global bankruptcies of the last two decades.
"The breadth and depth of Deb's practice perfectly complements the offerings we bring to our clients," said Michael DeFranco, Chair of the Firm's Global M&A Practice. "Deb has built a standout reputation in her field and is a go-to advisor for complex restructuring matters. We look forward to working with her as we continue to provide top-tier service for our clients."
Mr. Goodman is an experienced bankruptcy practitioner who advises domestic and international businesses, directors and officers, as well as debtors, trustees, creditors and creditors' committees, bank groups, bondholders and significant shareholders in complex reorganization proceedings and out-of-court restructurings. Mr. Goodman has handled matters in a variety of industries, including the oil and gas sector, which continues to progress through a period of significant restructuring. Best Lawyers and other publications have recognized him as a leading lawyer for bankruptcy and reorganization law. He joins the Firm from McKool Smith.
"Peter's extensive insolvency experience, including his restructuring work in the oil and gas sector, will allow him to bring unique and valuable insights to our clients both in New York and throughout North America," said Jim Colihan, Managing Partner of Baker McKenzie's New York office. "We are thrilled to have Peter join our team."
Baker McKenzie has added 13 lateral partners in New York over the last two years, strengthening its transactional and restructuring capabilities with the additions of Nick Marchica, Mark Tibberts and James Donnell. Other recent lateral partners to join in New York include international arbitration attorney J.P. Duffy, and state and local tax practitioners Lindsay LaCava and Maria Eberle.
"Enhancing our capabilities in New York and throughout North America is a key part of our firm wide growth strategy, having added 38 lateral partners throughout North America in the last two years," concluded Rick Hammett, Baker McKenzie's North American Managing Partner. "Deb and Peter are highly respected practitioners who will be instrumental to our plans to expand services for clients in North America."
A Recognized Transactional Firm
Baker McKenzie is one of the world’s most active transactional law firms. The Firm handles more cross-border deals than any other law firm in the world, and Thomson Reuters has ranked Baker McKenzie No. 1 for announced and completed cross-border M&A by volume for the past three years. For the first half of 2016, Dealogic ranked the Firm No. 5 worldwide in volume of global M&A deals it has handled.
Based on a survey of in-house counsel, the 2016 edition of Chambers USA noted that the Firm is “well known for its strength in cross-border matters as a result of its broad transactional offering across the entirety of its global platform," and is "a go-to firm for major multinational corporations needing representation in acquisitions and divestitures.”
The practice has advised on a string of recent global transactions, including Hewlett-Packard's split into Hewlett Packard Enterprise and HP Inc., Baxter's spinoff of its biopharmaceutical division, and Meiji Yasuda Life Insurance Company's acquisition of StanCorp Financial Group, Inc., one of the largest acquisitions of an overseas corporation by a Japanese insurance company in history.
Acritas has repeatedly ranked Baker McKenzie as the number one firm in its Global Elite Brand Index, which ranks law firms on favorability and consideration for multijurisdictional deals, among other factors. The ranking is based on interviews with 1,059 senior legal buyers across the world’s largest multinationals with revenues in excess of USD$1 billion.