Reed Smith Boosts Corporate Practice in New York

Reed Smith LLP today announced that Andrew Callahan and Robert Scheininger have joined the firm as partners in the Corporate & Transactional Advisory Group in New York. The addition of Callahan and Scheininger (who come to Reed Smith from Sidley Austin) follows on the recent addition of partner Danielle Carbone, who joined the firm this week from Shearman & Sterling. Counting these new partners, the firm’s New York office has grown by almost 20 percent since the beginning of 2015.

“Robert and Andrew have unique transactional experience that will be of great interest to many of our clients, including banks, broker-dealers, hedge and private equity funds, and asset managers,” said David Boutcher, Global Head of Reed Smith’s Business & Finance Department. “The financial services sector is one of our firm’s most important verticals, so Robert and Andrew’s deep understanding of the distressed trading area and their strong ties in that tight-knit community are great additions to our practice.”

Callahan and Scheininger represent leading investment banks, hedge funds, private equity firms, broker-dealers and other financial institutions on a diverse range of transactions involving the trading of syndicated loans and other assets of distressed companies across the United States, Europe and Asia. They have extensive experience advising clients on legal issues related to the purchase and sale of loans, bankruptcy claims, and securities of private companies, including assignment and participations utilizing the Loan Syndications and Trading Association (LSTA) and the Loan Market Association (LMA) documentation.

“We’re thrilled that Robert and Andrew are joining us in New York,” said Douglas Wood, Office Managing Partner of Reed Smith’s New York office. “We’ve worked tirelessly this year to build and strengthen our capabilities in New York, mainly to provide our clients with the kind of top-quality legal work they expect from Reed Smith.”

Callahan received his J.D. magna cum laude from Fordham University School of Law, and his B.S. from Fordham University Gabelli School of Business. Scheininger earned his J.D. from Osgoode Hall Law School (Toronto) and his B.A. from York University.

Source:  www.reedsmith.com