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Published on 1/15/2016 in the Prospect News Bank Loan Daily and Prospect News Private Placement Daily.

Paul Hastings hires Brady as partner, head of alternative lender group

By Tanya Meyer

Chicago, Jan. 15 – Paul Hastings LLP announced the hiring of finance lawyer William “Bill” Brady as a partner and head of the alternative lender group in New York, where he will focus on the expansion of the firm’s global alternative lender platform.

“[Brady’s] arrival builds on our existing strengths in acquisition finance and distressed debt and will provide us the opportunity to expand our alternative finance work in these and related areas,” said Jennifer Yount, chair of the firm’s finance practice, in a news release.

Brady was previously at Proskauer Rose LLP where he represented alternative lenders and investors, including mezzanine funds, second-lien lenders, hedge funds, and insurance and specialty finance companies, in domestic and cross-border leveraged buyouts, recapitalizations, refinancings and restructurings.

His practice focused on negotiating complex transactions and credit arrangements that often included a junior capital component or multiple tranches of debt, such as mezzanine debt, second-lien loans, bifurcated unitranche facilities, term B facilities and holding company note purchases, according to a news release.

Paul Hastings is a Los Angeles-based international law firm.


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