Two partners from Weil Gotshal & Manges' restructuring department are set to join Sullivan & Cromwell, while three others are in discussions to move to Skadden, Arps, Slate, Meagher & Flom. The departing partners include Ronit Berkovich and Gary Holtzer, who are headed to Sullivan & Cromwell. Additionally, Matt Barr, Sunny Singh, and Jeff Saferstein are reportedly in talks to join Skadden.
This movement of key personnel from one of the leading firms in restructuring and bankruptcy law highlights the competitive nature of the legal industry, particularly in high-stakes corporate advisory work. The restructuring practice group at Weil Gotshal & Manges has been recognized for its work on complex financial distress cases.