Pillsbury Winthrop Shaw Pittman LLP has enhanced its insolvency and restructuring practice in New York with the recruitment of John Storz as a partner. Storz, previously associated with Paul Hastings, brings significant expertise in the realm of financial restructuring and distressed asset acquisitions. His practice will focus on advising ad hoc bondholder groups, official creditor committees, institutional investors, and investment funds. Notably, Storz has a keen emphasis on convertible debt arbitrage and distressed debt investing.
According to Bloomberg Law, in his new role at Pillsbury, Storz will provide clients with guidance across a diverse range of industries, including finance, energy, technology, and manufacturing. His expertise spans numerous legal areas including debt-related issues, securities law, corporate governance, mergers and acquisitions, and joint ventures.
This strategic move by Pillsbury underscores their initiative to bolster their capabilities in financial restructuring, a sector experiencing substantial client demand amid unpredictable market conditions. At a time when global corporations are navigating complex financial landscapes, Storz’s extensive experience is expected to offer valuable insights to Pillsbury’s clientele, especially in restructuring and insolvency proceedings.
- John Storz has a proven track record of advising high-stakes financial restructuring deals.
- He specializes in convertible debt arbitrage and distressed debt investing.
- His expertise is sought after across numerous industries, indicating a versatile legal acumen.
Pillsbury’s acquisition of Storz aligns with an ongoing trend of lateral hires in the legal industry aimed at fortifying practice areas critical to navigating financial complexities clients face today.