Milbank Strengthens Financial Restructuring Team with New Partner
Milbank Expands Financial Restructuring Group
Milbank LLP is excited to announce the addition of Liz Downing as a partner in its Financial Restructuring Group located in one of its prominent offices. This strategic move aims to further bolster the firm’s capabilities in handling complex restructuring matters.
Enhancing Team Expertise
Milbank’s Chairman, Scott Edelman, expresses his enthusiasm about Liz joining the firm by calling her a highly regarded industry professional. Liz's track record includes pivotal roles in intricate restructuring transactions that have shaped the financial landscape in recent years.
Liz Downing’s Experience
In her new role, Ms. Downing will leverage her extensive experience advising debtors, creditors, equity sponsors, and various stakeholders during all phases of restructuring deals. Her focus includes representing companies in prepackaged, prearranged, and conventional chapter 11 cases, as well as managing distressed acquisitions and out-of-court workouts.
Throughout her career, Liz has demonstrated her proficiency across a diverse range of industries such as healthcare, energy, financial services, shipping, and retail. Her expertise particularly shines in cross-border restructuring transactions, having successfully managed situations involving territories in North America, Europe, and Asia.
Growth of Milbank's Restructuring Team
Dennis Dunne, Global Chair of the Financial Restructuring Group, acknowledges Liz’s skill set and emphasizes that her presence will enhance the firm’s debtor-side capabilities. He is positive that Liz will play an instrumental role in the firm’s growth trajectory, which has recently seen numerous additions to the restructuring team.
Recent Team Additions
In addition to Liz, the Financial Restructuring Group has expanded significantly, welcoming other partners including Lisa Laukitis, Jaimie Fedell, Lawrence Wee, Ian Wallace, and Nicholas Dunstone. These strategic hires demonstrate Milbank’s commitment to offering comprehensive legal services in the restructuring sector.
Joining a Renowned Team
Expressing her excitement, Ms. Downing shared her enthusiasm about working with a team that is recognized globally for managing significant corporate restructurings and high-profile chapter 11 cases. She looks forward to collaborating with former colleagues and current partners to address complex client matters with innovative solutions.
Before becoming part of Milbank, Liz was a key member of the Corporate Restructuring Group at Skadden, Arps, Slate, Meagher & Flom LLP, where she gained valuable experience and insight into the field.
About Milbank LLP
Milbank LLP, established over 150 years ago, is a leading international law firm known for providing innovative legal services globally. With offices in various major locations including Frankfurt, Hong Kong, London, Los Angeles, Munich, and others, Milbank’s legal team collaborates extensively across different practices to meet the diverse needs of clients—which include market leaders in finance, industry, as well as governmental clientele.
To explore more about Milbank and its comprehensive services, visit their official website or follow them on social media platforms to stay updated with the latest news and developments.
Frequently Asked Questions
What role has Liz Downing taken at Milbank?
Liz Downing has joined Milbank as a partner in the Financial Restructuring Group.
What kind of experience does Liz Downing bring?
She has extensive experience in advising various stakeholders in complex restructuring transactions across multiple sectors.
Who has welcomed Liz Downing to Milbank?
Milbank's Chairman, Scott Edelman, and Global Chair of the Financial Restructuring Group, Dennis Dunne, have expressed excitement about her joining.
What industries has Ms. Downing worked in?
Her experience spans healthcare, energy, financial services, shipping, and retail sectors.
Where did Liz Downing work before joining Milbank?
She was previously a member of the Corporate Restructuring Group at Skadden, Arps, Slate, Meagher & Flom LLP.
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