Milbank Raids Latham for 5-Person Banking Team

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Milbank, Tweed, Hadley & McCloy has added five banking and leveraged finance attorneys from Latham & Watkins. Joining the firm’s New York office are partners Marc Hanrahan, Ronan Wicks, Marcus Dougherty, Patrick Flanagan and Lauren Hanrahan.

According to a firm press release, the team has worked together for more than 10 years and is considered “a major player” in the leveraged finance arena.

“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.”

  

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The team’s 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.

Milbank, Tweed, Hadley & McCloy is an international law firm headquartered in New York City. The firm also has offices in Beijing, Frankfurt, Hong Kong, London, Los Angeles, Munich, São Paulo, Singapore, Tokyo and Washington, DC.