Holly Neavill and Louisa Watt have joined Cadwalader, Wickersham & Taft’s financial restructuring department as partners.
They will be based in the firm’s London office.
Gregory Petrick (pictured), managing partner of the firm’s London office and co-chair of the financial restructuring department, says: “The European market continues to present its challenges, with creditors looking for practical and innovative solutions for cross-border restructuring. Holly and Louisa have proven track records. They have built strong and unique practices representing a range of institutions facilitating restructuring and trading transactions and are leading authorities in these areas. This is an exciting time of growth for our restructuring practice, and these are the right attorneys. Adding Holly and Louisa to our team of Yushan Ng and Richard Nevins catapults Cadwalader’s London restructuring team to the top of the market.”
Neavill joins Cadwalader from Latham & Watkins, where she was a partner in the London office. She began her legal career in the US and moved to London in 2003. She has significant experience with the legal systems and workout procedures across Europe and in the US and has become well-known in the London market for her dedication, technical expertise and commercial approach. Neavill has worked on a number of high profile restructurings and distressed M&A deals, most recently leading the ad hoc committee of bondholders in the restructuring of SEAT Pagine Gialle, a publicly-listed Italian directories business.
Watt joins the firm from Richards Kibbe & Orbe, where she was a partner in the London office and a member of the firm’s executive committee. She is a leading practitioner in the transfer of distressed debt and claims in the secondary market within Europe, Asia and the US, and an active participant in the Loan Market Association. She has extensive experience in advising clients on a range of bespoke trading transactions, often involving multiple jurisdictions and is known for setting the standard trading documentation for Icelandic and MF Global claims.