Cahill Gordon & Reindel is expanding its bankruptcy practice through the hiring of seasoned Barclays lawyer Amit Trehan. Trehan will join the Manhattan-based law firm as a partner in its bankruptcy and restructuring practice, marking a significant step forward in the firm’s strategic growth plan.
Renowned for its work in capital markets and banking, Cahill Gordon & Reindel seeks to reinforce essential practice areas like bankruptcy and venture into new domains such as trading and markets, amid a noticeable slump in leveraged finance and recent partner departures. The firm is striving to build a bright path forward under a new leadership.
Herb Washer, chair of Cahill’s executive committee, issued a statement expressing his excitement about Trehan’s addition to the team and discusses this as an indication of their commitment to growth. Washer assumed sole leadership from former chair William Hartnett earlier this year.
The firm’s gross revenue saw a decline nearing 3% last year following a steep fall in 2022, based on data sourced from The American Lawyer. However, the firm’s profits per equity partner surged to nearly $4.4 million over the same period as the partner roll was reduced.
Trehan brings over a decade of experience from Barclays, where he worked as both a principal in special asset management and a lead restructuring lawyer. Part of his tenure also saw him serving as the global head of resolution and recovery planning. His practice at Cahill will primarily revolve around representing a wide range of clients including financial institutions, hedge funds, direct lenders, corporate clients, ad hoc groups, and derivative counterparties.
Cahill, known for its stronghold on leveraged finance and capital markets, drew praised from Trehan. He further stated that the best restructuring practices stem from robust leveraged finance practices, making Cahill a perfect fit for his expertise.
Please read the full report on Bloomberg.