Weil Snaps Up Akin Gump Bankruptcy Partner

Nov. 15, 2019, 6:30 PM

Weil, Gotshal & Manges snapped up restructuring lawyer Neil Devaney to lead its Business Finance & Restructuring practice. He is moving from Akin Gump Hauer & Feld, where he was a partner steeped in cross-border finance, restructuring and insolvency matters.

Devaney’s advises clients on complex, high-value debt restructurings, and handles financing arrangements in stressed, distressed and special situations.

Weil’s London finance and restructuring practice has been ranked first for European restructurings by value and volume in the most recent Debtwire Europe Restructuring Advisory Mandates report.

Devaney’s move came as other Big Law firms also are bulking up their bankruptcy expertise with expectations of economic slowdowns in the next year or so.

Weil said it has made its mark over the years by serving as chief debtors’ counsel in six of the seven largest U.S. bankruptcy filings in history, and has had key creditor roles in some of the most innovative and complex matters.

Its global restructuring group has more than 100 lawyers across the United States, Europe and Asia.

To contact the reporter on this story: Elizabeth Olson in Washington at egolson1@gmail.com

To contact the editors responsible for this story: Jessie Kokrda Kamens at jkamens@bloomberglaw.com; Rebekah Mintzer at rmintzer@bloomberglaw.com

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