Oct 19, 2011
Cadwalader, Wickersham & Taft LLP, one of the world’s most prominent legal advisors to financial institutions and corporations, was again recognized as a leading law firm in several key practice areas in the 2012 edition of the IFLR 1000, a publication focused exclusively on finance and transactional law firms.
IFLR 1000 ranked Cadwalader among the top firms in the United States in several core areas of the firm’s practice, including Bank Lending; Capital Markets – Structured Finance and Securitization; Capital Markets – Derivatives; Financial Services Regulatory; Mergers and Acquisitions; and Restructuring and Insolvency. The firm was also ranked in Capital Markets and Restructuring in the United Kingdom.
In the Capital Markets areas, IFLR 1000 described the firm as “widely acknowledged as an international player in both derivatives and securitization,” earning the firm a tier-one placement based on strong market feedback and the recent acquisition of a leading energy team. According to peers, the firm was a "mortgage machine" before the crisis, and “reacted to the decline in this sector by ramping up its practice in other areas, particularly energy.” The energy team, headed by Paul Pantano, was touted for experience in derivatives and securitization work in the energy area. Garnering additional kudos was Cadwalader’s "unparalleled" derivatives practice, which, when “presented them with very innovative structures,” is able to deal with them “effectively and improve on [them]." The London office earned recognition for leading transactions with an English law aspect as well as for participation in a number of catastrophe bonds. Individuals singled out for praise included Ray Shirazi, a partner who "gives fantastic advice and provides balanced risk-reward strategies", associate Brian Foster, identified as "really responsive" and "up-and-coming, " and Capital Markets Department Co-Chair Michael Gambro, described as “experienced” with “unbelievably detailed knowledge in the securities business” and “a very creative thinker."
Named leading lawyers in Capital Markets were partners Charles Bryan, Michael Gambro, Anna Glick, Steven Lofchie, Patrick Quinn, Paul Pantano. Richard Schetman, Ray Shirazi, and Lary Stromfeld.
With recent “boost[s]” to Cadwalader’s bank lending and financial services regulatory practices, IFLR noted the arrivals of Paul Pantano, Anthony Mansfield, and Drew Chapman as well as the promotion of Jeffrey Robins to partner.
In the M&A area, the firm was touted for having worked “on some of the largest and most complex M&A deals,” earning recognition for the arrival of partners Rocky Lee and Drew Chapman, and Karen Dewis. Named leading lawyers in this area were Louis Bevilacqua, Geoff Levin, and William Mills.
The firm’s restructuring department “celebrated a record year in 2010.” Andrew Troop won praise from peers and clients as “a good, accomplished bankruptcy lawyer." He and partner Christopher Mirick were credited for "demonstrate[ing] tremendous leadership skills and . . . very innovative solutions." Leading lawyers in restructuring and insolvency were George Davis, Mark Ellenberg, Deryck Palmer, John Rapisardi, and Andrew Troop. Scott Greenberg’s promotion to partner was also highlighted.
“IFLR’s rankings continue to highlight the strength of our capabilities across our core areas of transactional practice,” said Christopher White, Cadwalader’s Chairman. “We are proud that our work has generated such high praise from our peers and clients.”
The IFLR 1000’s rankings reflect the opinions of clients and competitors of law firms, which are gathered during an extensive interview process and which include information on deals, clients and leading lawyers.
About the IFLR 1000
The IFLR 1000 is a guide to the world’s leading financial law firms. Based on extensive independent research, it provides rankings and analysis of the best financial law firms operating in more than 100 markets worldwide.
Brian McGovern, Jared Facher
Jason Schwartz, Nathan Spanheimer, Cassidy Nolan
Jodi Avergun, Todd Blanche, Anne Tompkins, Stephen Weiss
Partner Chris Gavin will speak on a panel addressing "Securitization & Cash Execution."