Andrews Kurth Kenyon announced the election of Brooks W. Antweil, Joseph W. Buoni, Philip Haines, Barbara Jane League, J.R. Morgan, Ashley B. Muehlberger, Kathleen T. Muñoz and Kelly A. Ultis to the partnership. They will assume their new positions on January 1, 2018. The following appointments are of most interest to restructuring professionals: Brooks W. Antweil (Houston) - Antweil's consists of a wide range of corporate and transactional matters, including registered securities offerings, private placements, periodic reporting and corporate governance issues. He also advises companies regarding mergers, acquisitions and corporate restructurings. His experience includes advising corporate clients as well as alternative structures, such as publicly-traded partnerships and REITs. He has extensive experience advising companies in a broad range of industries, including all sectors of the hydrocarbon supply chain, oilfield services, retail electricity and natural gas, technology, hospitality and retail sales. Antweil received his J.D., in 2009 from the University of Houston Law Center and his B.A. from The University of Texas in 2006. Joseph W. Buoni (Houston) - Buoni's practice blends a wide range of commercial litigation experience with experience in bankruptcy restructurings, contested matters and adversary proceedings. Joe's practice focuses on representing energy companies, financial institutions and private equity firms in complex commercial disputes and he regularly represents clients in matters pending in state court, federal court and arbitration proceedings. Buoni has significant experience representing plaintiffs and defendants in cases involving claims based on breach of contract, fraud, breach of fiduciary duty, violations of securities laws and construction defects. He also maintains a bankruptcy practice and frequently represents debtors and creditors in Chapter 11 bankruptcy reorganizations and 363 sales. Finally, Buoni is experienced in conducting internal investigations relating to employee wrongdoing and antitrust matters. Prior to entering private practice, he completed two federal clerkships over the course of three years. From 2011 to 2012, Buoni was a law clerk to the Honorable Jennifer Walker Elrod of the United States Court of Appeals for the Fifth Circuit. He served as a law clerk to the Honorable Marvin Isgur of the United States Bankruptcy Court for the Southern District of Texas from 2009 to 2011. He earned his J.D., magna cum laude, in 2009 from Ohio State University Moritz College of Law. In 2006, Buoni received his B.A., cum laude, from Miami University.
Judd Caplain has been named Global Head of Banking & Capital Markets for KPMG International. Judd has more than 20 years' experience in the financial services industry, leading teams in advising a number of the world's leading financial institutions. Caplain succeeds Bill Michael, who is now Chairman & Senior Partner of KPMG in the UK. Caplain joined KPMG in the US in 2001; before that he was with Mitchell Madison Group, a financial services management consulting firm, and prior to that worked for JPMorgan Chase. He has extensive experience working with global clients in areas of banking strategy, regulatory and controls, operations, finance and transformation. Caplain received his BSc (Finance) from Syracuse University and MBA from Boston University.
Paul, Weiss, Rifkind, Wharton & Garrison LLP announced that five new Partners have been elected, effective January 1, 2018: Yahonnes Cleary, Brian S. Grieve, Kyle J. Kimpler, Lindsay B. Parks and Ramy J. Wahbeh. Four of the new partners are resident in the firm's New York office; Wahbeh is resident in Paul, Weiss's London office. Of most interest to restructuring professionals, Brian S. Grieve will become a Partner in the tax department. Grieve advises on a broad range of transactional matters, including the tax aspects of M&A transactions, fund formation, restructurings, securities issuances and derivative transactions. Grieve received a J.D. from Georgetown University Law Center and a B.A., magna cum laude, from Boston College. Kyle J. Kimpler will become a Partner in the bankruptcy department. Kimpler handles a broad range of matters on behalf of key constituents in complex restructurings and he is regularly involved in bankruptcy-related litigation and insolvency issues. Kimpler received a J.D. from Northwestern University Pritzker School of Law, and a B.A., with Distinction, from the University of Kansas. Lindsay B. Parks will become a Partner in the tax department, where she works on a broad range of transactional matters. Parks handles the tax aspects of M&A transactions, fund formation, joint ventures and restructurings. Parks received a J.D. from New York University School of Law, and a B.S., magna cum laude, from Boston College.
Piper Jaffray Companies announced that its Board unanimously elected Chad Abraham as C.E.O. and Deb Schoneman as President, effective January 1, 2018. Abraham is currently the firm's Global Co-Head of Investment Banking & Capital Markets and Schoneman is currently the C.F.O. and Global Head of Equities. Current Chairman and C.E.O. Andrew Duff will remain Chairman of the Piper Jaffray Companies Board and retire as C.E.O., a position he has held since 2000. Abraham joined Piper Jaffray in 1991 as an Investment Banking Analyst. He spent the next 13 years on the West Coast as a banker in the company's technology investment banking group. He was promoted to Managing Director and Head of Technology Investment Banking in 1999. In 2005, he was promoted to Head of Capital Markets and in 2010, he became the Global Co-Head of Investment Banking and Capital Markets. Abraham serves on the board of trustees of the Nature Conservancy's Minnesota, South Dakota and North Dakota chapter and the Board of Trustees of The Blake School. He graduated from Northwestern University with a bachelor's degree in economics and political science. Schoneman, who joined Piper Jaffray in 1990, has held various senior management positions, including Finance Director of both equity and fixed income capital markets, as well as Treasurer. Schoneman was named C.F.O. in 2008, overseeing the firm's financial health through the 2008 financial crisis and leading it to its strong position today. In 2014, the Minneapolis-St. Paul Business Journal honored Schoneman's success by naming her CFO of the Year. Schoneman is on the Board of Allina Health, serving as Chair of the finance committee and a member of its audit committee. She is also on the Board of BestPrep, a nonprofit organization focused on business, career and financial literacy skills, having served as Chair for two years. Schoneman earned a bachelor's degree in finance from Minnesota State University Mankato and a Master of Business Administration degree from the University of St. Thomas. Tim Carter will assume the C.F.O. position from Schoneman. President and C.O.O. Stuart C. Harvey, Jr. voluntarily decided to resign from his employment at Piper Jaffray effective December 31, 2017. Piper Jaffray and Harvey have mutually determined that they have different approaches to strategy and leadership.
Mandelbaum Salsburg announced that Edward P. Dabek, Jr. joined the firm's Banking and Financial Services and Bankruptcy and Creditors' Rights Practice Groups as an Associate. He will represent commercial lenders, factors, finance companies, debt funds and private equity funds in the structuring and negotiation of secured and unsecured lending transactions, including syndicated and single-bank loans, factoring, financing of commercial assets, asset based lending, acquisition financing and loan restructurings and workouts. Prior to joining the firm, Dabek was with a boutique finance and securities firm. He received his Juris Doctor degree, cum laude, from Seton Hall University School of Law, where he was a member of the Seton Hall Circuit Review Law Journal. He received his Bachelor of Science degree in Business Administration from The College of New Jersey. Dabek is admitted to the bars of New York and New Jersey.
The Turnaround Management Association (TMA) announced that Gregory J. Fine will join CCIM Institute and has tendered his resignation as TMA's C.E.O., effective January 15, 2018. As a result, TMA has commenced a search for a new C.E.O. A C.E.O. search committee is being established, and TMA announced its intentions to retain an executive search firm to identify qualified candidates. Separately, TMA Global announced the election of Kevin A. Krakora, CTP, Principal at KPMG LLP, as 2018 President. Krakora has over 25 years of executive experience with developing and implementing business transformation strategies and financial/operational improvements; specializing in corporate turnarounds, debtor bankruptcy situations and complex financial and operational restructurings. He has served as C.R.O., led numerous business and asset sales and divestitures and advises companies, debtors, secured and unsecured creditors, bondholders and equity investors in numerous restructuring situations across a wide range of industries. Krakora is a frequent speaker on restructurings and distressed mergers/acquisitions and is a Certified Turnaround Professional. Current TMA President Milly Chow, Blake, Cassels & Graydon LLP, will transition to Chair in 2018 and David F.W. Cohen, Gowling WLG, will transition to Immediate Past Chair.
Piper Jaffray Companies announced the appointment of Tim Carter as C.F.O., effective January 1, 2018. Carter will oversee all financial operations and report directly to Piper Jaffray Chairman and C.E.O., Andrew Duff. Carter currently serves as S.V.P. of Finance and Treasurer at Piper Jaffray, as well as a member of the firm's leadership team, responsible for all treasury, accounting, market & credit risk and financial planning & analysis functions. He has held various leadership positions in finance, including Controller, C.A.O. and Treasurer. Carter also provides support and financial expertise to the Piper Jaffray Foundation. Prior to joining Piper Jaffray, Carter worked in public accounting at Deloitte. He graduated from Gustavus Adolphus College with a bachelor's degree in accounting and is a licensed CPA. Carter also serves on the board of College Possible Minnesota and was previously board Chair. As part of the firm's planned succession, Carter assumes the C.F.O. position from Deb Schoneman, who will remain at Piper Jaffray as Global Head of Equities. Schoneman has served as C.F.O. since 2008, and added oversight of the global equities organization to her role in June 2017. She will continue working closely with Carter through year-end to ensure a successful transition.
Alvarez & Marsal (A&M) continues to expand its presence in the Nordic region with the addition of Daniel Frigell, Managing Director, to lead its Nordic valuation practice. Frigell, the former Head of Valuation Services for KPMG Sweden, is one of several senior consulting professionals to recently join A&M's Stockholm office. His appointment further reinforces the firm's global expansion strategy and response to pan-European regulatory changes driving demand for independent, non-audit professional services. In his new role, Frigell will grow the firm's valuation practice across the Nordics, providing clients with deep expertise in dispute; tax and sell-side valuation; debt service modeling and analysis and investigative services. He joins A&M as one of the region's most experienced consulting professionals and noted experts advising on dispute valuation and incentive programs. Frigell's appointment bolsters A&M's commitment to the Nordic market while expanding the firm's suite of services and ability to maximize value for Nordic-based clients. Frigell brings 17 years of financial and strategic consulting experience, including an array of assignments for public and private companies, private equity firms and their portfolio companies. His work has encompassed valuations, transaction structuring, dispute/litigation support and incentive programs. He is regarded as a leading expert witness in Sweden for cases involving valuation and remedy/damage calculation. Before working at KPMG, Frigell served in senior positions at PwC and Cap Gemini Ernst & Young. He attended Uppsala University and the Stockholm School of Economics and earned a Certified European Financial Analyst (CEFA/AFA) certification. He has served as an invited guest lecturer at Stockholm University, Uppsala University and Linköping University, where he developed and taught courses on M&A and international business. Separately, A&M also announced that the firm bolstered its Corporate Performance Improvement practice with the addition of Scott Burgess and Keith Browning who join as Managing Directors in the Washington, D.C. and Atlanta offices, respectively. Both Burgess and Browning bring a transformation focus supported by a deep understanding of industry trends and how technology - amongst a range of other tools - can be integrated into corporate growth strategies and solutions. Their appointments demonstrate A&M's commitment to helping clients maximize value by driving change across the enterprise. Over the past 30 years, Burgess has advised senior executives and boards on many complex and pressing operational improvement challenges. He specializes in strategic repositioning (including acquisitions, divestitures and alliances), new operating models, organizational realignment and PMI, large scale operational efficiency initiatives and transformative technology investments. Burgess has in-depth experience evaluating financial technology opportunities and turnaround situations in the payments, mortgage, retail distribution and consumer finance sectors. Prior to A&M, Burgess led Acument Partners which advised global and regional financial institutions and service providers on a range of strategic repositioning initiatives. Earlier, he was the National Leader of Banking & Finance for Deloitte Consulting and co-led the North American Financial Services practice for Booz & Company. Browning brings more than 25 years of experience as an operator, consultant and marketing agency leader. He advises clients on solving issues arising from business disruption. Browning has worked extensively on projects examining the cause of such disruption and has outlined and implemented strategic initiatives to help businesses change their models, versus only analyzing the symptoms of the problem at hand. Browning has significant expertise in telecommunications; however, he has also worked with leaders across a broad range of industries executing on transformation assignments by building business intelligence platforms, marketing communication campaigns, customer experience programs and complex reporting systems. Before joining A&M, Browning was a V.P. with Hitachi Consulting where he focused on technology enablement, revenue enhancement and system integration. Previously, he spent over a decade as an Operator with AT&T, and prior to that, was a Senior Director with Arthur Andersen.
AlixPartners announced the appointment of Richard Lee as a Managing Director in the firm's Financial Advisory Services practice. He will work from the firm's Dallas, TX office. Lee has deep experience in valuations, forensic-accounting investigations, economic-damages analysis and other financial consulting services and is frequently called upon as a consultant and testifying expert in federal and state litigation cases as well as in international and domestic arbitration proceedings. He joins AlixPartners from Houlihan Lokey Financial Advisors Inc., where he was a Managing Director. Prior to joining Houlihan Lokey, he was a Partner at Deloitte Touche Tohmatsu Ltd. and, in total, spent more than 17 years working for "Big Four" accounting firms, including Ernst & Young and Arthur Andersen as well as Deloitte. Lee received an MBA from the Anderson School of Management at the University of California, Los Angeles (UCLA) and a bachelor's degree in business administration from the University of Southern California. He is a certified public accountant licensed in New York, California and Texas; is an accredited senior appraiser with the American Society of Appraisers and holds a business-valuation credential from the American Institute of Certified Public Accountants.
Winter Harbor LLC announced that John Llewellyn joined the firm as a Managing Director. Llewellyn brings more than 20 years of transaction advisory experience across a broad range of industries including automotive, manufacturing, healthcare, nonprofit, government, education, telecommunications and energy. Prior to joining Winter Harbor, Llewellyn worked as an independent consultant and served as C.F.O. for Superior Digital Displays in New York City. His experience also includes over a dozen years with Ernst & Young (E&Y) including a year with their London Restructuring practice, providing strategic business planning for a variety of companies. In addition to his time with E&Y, John worked for Deloitte's Advisory Services in New York. Llewellyn started his career with First National Bank of Boston after graduating from the Economics Honors program at Boston College with a Bachelor of Arts in Economics. He later attended the Fuqua School of Business at Duke University and received his MBA with a concentration in Finance and Marketing.
Simpson Thacher & Bartlett LLP announced that the firm has elected 11 attorneys as members of the Firm effective January 1, 2018. The Partner of most interest to restructuring professionals is Yang Wang (Beijing) - Yang represents private equity funds and corporate clients on various mergers and acquisitions, private equity transactions, corporate finance transactions and other general corporate matters. He received his J.D., magna cum laude, from the University of Michigan Law School in 2008, where he was a Clarence Darrow Scholar and served as an Article Editor of the Michigan Law Review. He received his M.A. in Applied Mathematics in 2005 from the University of Maryland, as well as his B.A. in Economics, summa cum laude, in 2000, and his B.S. in Mathematics and Computer Science, magna cum laude, in 2001. Yang was a Counsel at the firm prior to his election as a Partner.
Duff & Phelps announced that John Bass, a former operational executive for the Central Intelligence Agency's National Clandestine Service, has joined the firm's Legal Management Consulting Practice as a Director. Bass brings over 27 years of experience in international affairs, including specific expertise in risk management, cybersecurity and insider threats. He will be based in the firm's Washington D.C. office.
Otterbourg P.C. announced that Nneoma A. Maduike has been promoted to of counsel, effective November 1, 2017. Maduike is in the firm's Banking and Specialty Finance Group and focuses on a wide range of lending and corporate transactions. She represents banks, hedge funds, private equity funds, commercial finance companies and other institutional lenders in connection with the structuring and documentation of lease and loan transactions, including asset based, cash flow and structured finance transactions, as well as loan workouts and restructurings, and corporate and real estate transactions. In the course of her career, she has worked on numerous financing and corporate transactions confronting a wide range of legal issues raised by Federal, State and international law. Maduike has been recognized in Best Lawyers in America as one of the top fifteen Women of Influence in America and is a winner of the 2017 Commercial Finance Association 40 Under 40 Awards. She is an active participant in various legal organizations in New York City, including the City Bar Association as well as the Coalition of Women's Initiatives in Law - New York, where she is the incoming president and a member of the Board of Directors. She received her J.D. from Northeastern University School of Law and her B.A. from Rutgers University.
JND Legal Administration (JND) announced it has been recognized as the best claims administrator in the 2017 Best of Legal Times Reader Survey. JND was ranked #1 among nine other service provider nominees in its category. The Best of Legal Times is an annual survey of more than 1,500 readers in the Washington D.C. area who vote on range of companies nominated as the best providers of legal products and services. Full results of the ranking will be published in a special print supplement to The National Law Journal and The Legal Times.
Thomas A. Greco, C.E.O. of Hilco Valuation Services, announced that Adam Evans has been appointed S.V.P. - Business Development Manager for the Eastern region of the United States supporting the Valuation, Monetization and Advisory platforms. Evans has been with Hilco since 2001, having most recently served as the Business Development Manager for the Midwest and Central Canadian region. In this new role, Evans will focus on financial institutions as well as investment banks and other professional services advisory companies in the states of New York, New Jersey, Connecticut, Rhode Island, Maine, Vermont, New Hampshire and Pennsylvania. He will also call on private equity, hedge funds and family offices. Evans joined Hilco in 2001 as an Industrial Appraiser with the machinery and equipment valuation team. Since 2006, Evans has managed multiple territories for Hilco Valuation Services, including the Western and Southwestern United States before moving to the Midwest in 2011. Evans is highly regarded within the industry having built lasting relationships with banks, private equity firms, investment banks, turnaround restructuring groups and other members of the financial services community.