Monday, February 1, 2010

Six Prominent New York Real Estate Finance and Restructuring Lawyers Welcomed to Expanding Haynes and Boone Office in New York City


NEW YORK, Feb. 1 /PRNewswire/ -- In a major expansion of its East Coast real estate, finance and real estate restructuring practices, Haynes and Boone, LLP announces the addition of six partners who bring a wealth of experience, particularly representing top-tier New York financial institutions, real estate funds and private equity groups.

All six partners are making the move to the Haynes and Boone Finance Practice from the Paul Hastings New York-based real estate finance and restructuring practices.

Four of the six are focused on real estate finance. They are Kenneth J. Friedman, (top right photo) Robert J. Grados (top left photo) , Steven Koch  (middle right photo) and Walter F. Schleimer (middle left photo).

The other two - Lawrence Mittman (bottom right photo)  and Carolyn E. Sullivan (bottom left photo) - concentrate on real estate restructurings. The group's collective experience will be invaluable to Haynes and Boone clients for real estate finance, and as restructurings, workouts and bankruptcies continue to create opportunities.

"This is an impressive group of highly respected lawyers who have long been go-to counselors for some of the largest institutions in New York," said Haynes and Boone Managing Partner Terry Conner.

 "Their arrival gives us an even stronger national presence on the East Coast. They bring with them practices that have been consistently robust, even in economic downturns."

In recent months through internal transfers and lateral hiring, the firm has bolstered its New York-based bankruptcy, securities regulation, white collar crime and finance capabilities.

Additions have brought the Haynes and Boone bankruptcy/restructuring/workout group to more than 50 lawyers, 15 of which are now resident in the New York office. The firm has set an overall goal of expanding to at least 100 lawyers in New York in the next several years.

"This group is clearly recognized as a premier practice in real estate finance and restructurings," said Kenneth Bezozo, New York administrative partner. "Also, just as important, their capabilities and practices overlap with and nicely complement our strategic focus and client base.

"It's a great fit - both culturally and strategically - of like-thinking individuals who have common goals and aspirations."

Members of the incoming Haynes and Boone group said they were attracted to the firm for many reasons. "We're intrigued by the firm's goals for expansion," said Mr. Grados. "But we are equally compelled by the fact that Haynes and Boone isn't driven solely by metrics or numbers.

"It is apparent to us that the firm's unique culture is a true partnership of great people. We wanted to be part of a vibrant firm with a bright future, and we believe that we've found it."

CONTACT:  Douglas Bedell, Haynes and Boone, LLP, 214.651.5815 (office), 214.704.3058 (cell)

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