Paul Hastings Adds 3 Partner Finance Team to New York from Cahill Gordon & Reindel

Finance


Mark Rushbrook, Josh Zelig and David Barash will continue to run Finance Employment by West Coast firms in London and New York

Top 25 US company Paul Hastings has hired three partners from Cahill, Gordon & Reindel to strengthen its financial services in New York.

Mark Rushbrook, Josh Zelig and David Barash are known for their top-tier trading work for clients such as JP Morgan, Bank of America and Barclays. The trio’s experience ranges from syndicated term loans, direct lending and asset-based transactions to public and private debt capital markets, including high yield investment grade bond issuances.

Paul Hastings Chairman Frank Lopez said the hiring will help the Los Angeles-based company’s efforts to establish itself as a global market leader in financial and debt capital markets.

“We represent all major investment banks in syndicated leveraged finance, high quality loans and fixed income transactions, and virtually all large direct lenders in loan and preferred stock transactions. We are well-positioned to support our clients’ most complex transactions across the entire capital structure,” he added.

The arrival of Rushbrook, Zelig and Barash follows a string of finance executives hired by Paul Hastings in London, among them Finance team of four Latham & Watkins partners Last summer’s meeting also included Latham’s former Global Banking Co-Chair and London Treasury Co-Chair.

In the past six months, the firm has added high-yield partners Alexander Horstmann-Caines and Patrick Bright from Weil Gotshal & Manges in London. Secures Morgan Vale, a leading financial partner Also from Weill, New York.

Rushbrook joined Paul Hastings after nearly 17 years at Cahill, which he partnered with in 2015. Mr. Hai’s transactional activities include representing the funding sources related to NortonLifeLock’s $9.8 billion financing for its acquisition of Avast, and issuing a $23 billion financing to T-Corporation. $13 billion financing of mobile’s Sprint acquisition and Blackstone-led consortium’s acquisition of Refinitiv. He has also worked with investment banks to issue equity and equity-related securities for his IPOs including Aramark, Burlington Stores and PlayAGS.

Zelig also practiced with Cahill for almost 17 years. His statement includes a number of acquisition-related financings involving Brookfield Capital, Stone Point Capital, Blackstone and KKR. He has represented early purchasers in high-yield bond offerings for Dell Technologies, AMC Entertainment, VMWare, and HCA, and has also represented underwriters in his IPOs for HCA, Townsquare Media, PBF Logistics, and PBF Energy.

Meanwhile, Mr. Barash brings experience in leveraged loans and high-yield bonds, including financing and refinancing large-cap and mid-market acquisitions. He has represented funding sources in acquisitions by TPG, Bain Capital, Silver Lake Partners, Burger King and others. For example, his $50 billion financing with new debt in Dell’s acquisition of EMC Corporation, a transaction valued at a total of about $67 billion.

Last March, Paul Hastings hired a highly rated 18-partner restructuring team from Strock & Strock & Lavan in a landmark deal for the company’s New York office.



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