Global law firm White & Case LLP has added two new partners to its rapidly expanding Global Financial Restructuring and Insolvency (FRI) Practice in the US. Keith Wofford joins the Firm in New York, and Stephen Moeller-Sally joins the Firm in Boston, both from Ropes & Gray. Wofford and Moeller-Sally are predominantly creditor-side lawyers who represent leading asset managers and investment funds.
"As we continue to grow both our debtor and creditor-side capabilities with outstanding talent, we are delighted to add Keith and Steve," said Thomas Lauria, Global Head of White & Case's Global FRI Practice. "They are both brilliant, senior restructuring lawyers who have led many high-profile matters."
Wofford primarily acts on behalf of investment funds specializing in distressed debt, consistent with White & Case's creditor-side work. He has been particularly active with respect to inter-creditor disputes, credit-bidding transactions and other acquisitions of company control through debt positions.
Wofford, up until his departure from Ropes & Gray, served as co-managing partner of the firm’s 400-lawyer New York office, and as co-chair of its restructuring practice. Wofford was named a Fellow by the American College of Bankruptcy in 2019. In addition to a long record of generating positive results for distressed investor clients, he maintains an active pro bono practice and serves and supports numerous charitable and public interest organizations. He is on the Board of Trustees of The New York Historical Society and ran for New York State Attorney General in 2018.
Moeller-Sally represents clients in a wide range of bankruptcy and insolvency matters, including chapter 11 cases, cross-border insolvencies, out-of-court workouts, distressed sales and acquisitions, and insolvency-related litigation. He has worked with asset managers and investment funds, as well as private and public companies, to devise creative approaches to managing liabilities and unlocking value in distressed situations. His experience spans a number of different industries, including merchant electric power and utilities, manufacturing, chemicals, retail, automotive, oil & gas, real estate and telecommunications.
The addition of Wofford and Moeller-Sally quickly follows the arrival of four new debtor-side partners: Jessica Boelter, Bojan Guzina, Michael Andolina and Andrew O'Neill, who joined the Firm in October. This battery of new hires demonstrates White & Case's commitment to growing its world-class capabilities in all aspects of financial restructuring.
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