Chapman and Cutler LLP is pleased to announce that Michael Friedman, Larry G. Halperin, Joon P. Hong, and Nicholas A. Whitney, formerly of Richards Kibbe & Orbe LLP, joined the firm as partners, located in the New York office.
“We are extremely pleased to welcome this team to our firm and to our growing New York office,” said Tim Mohan, Chief Executive Partner. “Our new partners will further expand the reach of our already extensive commercial lending and bankruptcy/workout practices.” “Their industry experience and leadership will advance our efforts to enhance and grow our client relationships by providing additional areas of expertise,” said Walt Begley, Partner in Charge of Lateral Recruiting.
“We are very pleased to be joining the extraordinary lawyers at Chapman,” said Larry G. Halperin, speaking on behalf of the new partners. “Chapman’s focus on finance and the attention the firm continues to place on serving clients in the financial services sector provides an excellent platform for our practices.”
Friedman, Halperin, Hong, and Whitney all have significant commercial lending and bankruptcy/workout practices:
Michael Friedman represents investors in distressed acquisitions, purchases of assets in Chapter 11 proceedings, debtor-in-possession financings, rescue or bridge financings, and Chapter 11 exit financings. He represents creditors in all aspects of complex Chapter 11 bankruptcy reorganizations and out-of-court restructurings.
Larry Halperin focuses his practice on financial restructuring of distressed companies, high yield and distressed debt transactions, commercial loans, and event-driven mergers and acquisitions. He also counsels clients seeking to acquire portfolio companies in need of restructuring by acquiring a majority of the distressed debt. He also advises clients that participate in the global distressed secondary market.
Joon Hong advises clients participating in global secondary markets on non-performing and troubled assets and claims, and provides transactional and strategic guidance to clients that originate, restructure, and trade syndicated bank loans, distressed bonds, and claims against defaulted obligors and debtors in bankruptcy.
Nick Whitney devotes his practice to lending transactions in both non-investment grade and investment grade companies. He also represents a variety of financial institutions as lenders in syndicated loans, senior secured, first lien and second lien loans, unitranche facilities, unsecured transactions, and subordinated loans.
