“When I look at Paul Hastings, I see a powerhouse banking and finance practice, and a truly best-in-class restructuring practice,” Daly said. “So for us, as a group that has always built a practice that serves its clients at every point of the investment lifecycle, it was just a very powerful offering.”
Roger Schwartz echoed Daly’s sentiments, highlighting the synergy between their practice approach and Paul Hastings’ commitment to innovative client solutions.
“I think Paul Hastings, in particular, prides itself on coming up with smart and out-of-the-box solutions as necessary to the challenges that clients might put in front of them,” Schwartz added. “And that, from a cultural and ethos standpoint, is exactly how we think about practicing and how we want to practice.”
This strategic hiring move is part of Paul Hastings’ broader effort to strengthen its restructuring practice both in the U.S. and internationally. The firm made significant expansions two years ago by onboarding 18 financial restructuring partners from Stroock & Stroock & Lavan LLP in New York and Los Angeles. Recently, the firm also welcomed finance and special situations partner David Hong from Kirkland & Ellis LLP in New York and added eight global finance partners from Vinson & Elkins LLP in Texas.
