Law firm Allen & Overy (A&O) has bolstered its Canary
Wharf-based structured and asset finance team with partners from
its City of London base, as part of a restructuring strategy being
executed by banking practice co-managing partners, Stephen Kensell
and Andrew Trahair.
The move has seen A&O’s leveraged finance unit, led by Tim
Polglase, moved from Bishop’s Square to the Wharf and split between
the firm’s structured and asset finance and project finance groups.
Furthermore, it is understood that five partners from the leveraged
finance unit have left the practice as part of the
restructuring.
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Kensell commented on the move: “We now have strong and
diversified teams in London’s two financial centres, so we are
where our clients need us to be. The response has been positive.
People like the idea of working flexibly across product lines. It
is good for our clients and our people.”
Fred Crawley
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