Liz Downing has transitioned to Milbank LLP as a partner within its financial restructuring group based in New York. The announcement was made on Thursday, marking a significant move from her previous role at Skadden, Arps, Slate, Meagher & Flom.
At Milbank, Downing will be harnessing her extensive experience in advising a broad range of clients, including debtors, creditors, and equity sponsors, as well as purchasers and other stakeholders involved in complex restructuring transactions. Her expertise spans various sectors, including but not limited to healthcare, energy, financial services, shipping, and retail industries.
Her representation typically involves navigating intricate restructuring processes, which could encompass prepackaged, prearranged, and conventional Chapter 11 cases. Additionally, she offers guidance on out-of-court workouts and handles distressed acquisitions as part of her broad portfolio of services.
For more details, see the original announcement on Bloomberg Law.