Tony Horspool has joined Ropes & Gray as a London-based partner in the law firm’s bankruptcy and restructuring practice. He previously was with Weil, Gotshal & Manges.
Ropes & Gray today announced that Tony Horspool has joined the firm in its Bankruptcy and Business Restructuring practice. Horspool is the latest in a series of strategic appointments since the firm launched its London office in January.
Horspool joins Ropes & Gray from Weil, Gotshal & Manges in London. Named a leading lawyer by Chambers UK: A Client’s Guide to the UK Legal Profession, he represents clients across the financial services sector, including hedge funds, special situations groups, banks, monolines, accounting firms and insurers.
The U.K. team is headed by leading finance and restructuring lawyers Maurice Allen and Michael Goetz and was bolstered with the addition of U.S. securities partner Jonathan Bloom. By adding a top flight lawyer with deep experience advising companies and their creditors in distressed situations, Ropes & Gray is demonstrating its strong commitment to establishing a premier service center for its clients in the vital London market.
“Tony’s outstanding technical insolvency skills added to our existing capabilities ensures that we can effectively represent all the key constituencies in restructurings and insolvencies: borrowers and sponsor clients, senior lenders, and subordinated lenders,” Allen says.
Horspool has been involved in many of the largest and most complex restructurings of European companies, including Eurotunnel, Parmalat and Telewest. He also has been involved with a number of structured investment vehicles, and has been advising Lehman Brothers Holding Inc. in relation to cross-border aspects of its Chapter 11 filing and TI Automotive on its proposed scheme of arrangement.
“Ropes & Gray has a serious and deliberate strategy to build a presence in London with a real focus on high quality work for a select group of blue chip clients,” Horspool says. “My restructuring and insolvency focus will complement the London team, putting us in a strong position to serve our clients in Europe.”
“Tony’s hire fits well with our attractive client offering, combining U.S. bankruptcy knowledge with English law restructuring and finance capability at a time when we are seeing more Chapter 11 issues in European restructurings and workouts,” says Mark Bane, New York-based partner and co-head of the firm’s Bankruptcy & Business Restructuring group.
Horspool’s appointment follows Ropes & Gray’s retention to advise second lien and mezzanine lenders in connection with Zodiac Marine & Pool Group’s financial restructuring.
The opening of Ropes & Gray’s London office marked the firm’s fourth move into key geographic markets in the past two years, following openings in Tokyo, Hong Kong and Chicago. Ropes & Gray’s worldwide footprint, with about 1,000 lawyers, allows it to serve clients from bases in major world private equity and finance centers and to provide global execution of transactions