Stroock Restructuring Exodus Sees Dozens Join Paul Hastings (2)

Dozens of restructuring lawyers at Stroock & Stroock & Lavan have left for new roles at rival Paul Hastings, in one of the biggest moves in big law in recent years.

The attorneys departing Stroock, 18 of whom were partners, include restructuring practice group head Kris Hansen, distressed M&A lead Brett Lawrence, specialty finance lead Alex Cota and Jayme Goldstein, who was in charge of Stroock’s restructuring business unit, according to an announcement.

The firm is known for advising distressed-debt investors and other creditors in complex restructuring transactions in and outside of bankruptcy.

The move began ...