Five Leading Banking and Leveraged Finance Partners Join Milbank

News
August 3, 2010

FOR IMMEDIATE RELEASE
Lateral Hires to Augment Preeminent Finance Practice

NEW YORK, August 3, 2010 – The international law firm Milbank, Tweed, Hadley & McCloy LLP has announced that Marc Hanrahan, Ronan Wicks, Marcus Dougherty, Patrick Flanagan and Lauren Hanrahan have joined the firm as partners in the Global Leveraged Finance Group, resident in the New York office. The five prominent attorneys were all previously partners with Latham & Watkins, with practices primarily focused on banking and leveraged finance.

“These attorneys bring an exceptional level of experience to Milbank having handled some of the most significant lending transactions in recent years,” commented Mel Immergut, Chairman of Milbank. “Our expectation is that they will have an enormously positive impact on our traditionally strong banking and leveraged finance practice and enhance many other practice areas of the firm including financial restructuring, litigation, securities and corporate.”

This team, recognized as a major player in leveraged finance, has worked together for over 10 years and its practice focuses on representing banks and other financial institutions in senior lending transactions. They bring significant experience in acquisition financings, including leveraged buyouts, tender offers and other going private transactions, recapitalizations, investment grade, second lien, asset-backed, bridge and mezzanine financings, debtor-in-possession and exit facilities, troubled loan restructurings and workout negotiations and other special situation financings. The group has a broad range of financing experience in both US and international transactions; Wicks and Dougherty are both New York and UK qualified attorneys and Flanagan has recently returned after 4 years in Latham's Hong Kong office. Marc Hanrahan, formerly global co-chair of Latham's Banking Practice Group, is consistently listed in industry periodicals as one of the leading banking and leveraged finance attorneys in the country.

About Milbank

Milbank, Tweed, Hadley & McCloy LLP is a leading international law firm which has been providing innovative legal solutions to clients throughout the world for more than 140 years. Milbank is headquartered in New York and has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Singapore, Tokyo and Washington, DC.

The firm’s lawyers provide a full range of legal services to the world’s leading commercial, financial and industrial enterprises, as well as to institutions, individuals and governments. Milbank’s lawyers meet the needs of our clients by offering a highly integrated and collaborative range of services across key practice groups throughout our global network. Milbank’s integrated practice is underpinned by our attorneys’ acknowledged technical excellence, sectoral expertise and a strong tradition of innovation and client service.