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K&L Gates Hires Sydney Finance Partner From Hogan Lovells

Global law firm K&L Gates continues to expand its finance practice with the appointment of Richard Hayes as a partner in the Sydney office. Hayes, who brings a dedicated focus on acquisition and funds financings and general corporate finance, joins K&L Gates from Hogan Lovells.

With admissions and extensive experience in Australia, England, and New York, Hayes represents many international organizations with their multi-jurisdictional financing arrangements. His lender clients include global investment banks, commercial banks, and debt funds while, on the borrower side, he supports private equity and other investment firms and corporations.

For over 25 years, Hayes has advised clients in relation to the financing of acquisitions, refinancings, restructurings, recapitalizations, and work-outs. With current market conditions having forced these latter practices to the fore, the ability to work with the practitioners at K&L Gates was pivotal in Hayes’ decision to join the firm.

“My practice is truly international and I look forward to leveraging the strength of K&L Gates’ global platform, including collaborating with the firm’s highly regarded restructuring and insolvency, tax, and corporate teams, to the benefit of my clients,” said Hayes.

Nick Nichola, K&L Gates’ Managing Partner, Australia, stated: “Richard’s appointment provides our finance practice with a broader service offering and significantly deeper coverage in relation to the financing of acquisitions and debt capital markets generally. Richard has a reputation for taking on tough and complex work. As our clients respond to the challenges of 2020, he is the ideal lawyer to assist them in achieving the best possible risk mitigation and in seizing the opportunities that are available in today’s market.”

The arrival of Hayes builds on other recent appointments in Australia since late 2019, including Melbourne corporate partner Harry Kingsley, Perth corporate partner James Clyne, and financial services partners Kane Barnett and Paul Faure in Sydney and Melbourne, respectively. K&L Gates’ corporate practice also has continued to expand across the firm’s global platform in recent months through the appointments of new partners in BostonFrankfurtHong Kong, and Paris, with the firm having welcomed a total of more than 25 new partners and of counsel during 2020.

Curtis Mallet Swipes Africa Specialist From Simmons Dubai

U.S. law firm Curtis, Mallet-Prevost, Colt & Mosle has hired an Africa specialist from Simmons & Simmons in Dubai, signalling the growing importance of the city as a hub for Africa work.

New partner Paul Bugingo joins the firm having spent over 20 years advising governments, state-owned corporations and investors on large-scale energy and infrastructure projects across Africa, including in Uganda, Kenya, Rwanda, Ethiopia, South Sudan, Somaliland, Djibouti, Nigeria, Ghana, South Africa, Botswana, Swaziland and Lesotho, the firm said in a statement.

“In the span of his career, he is also credited with spearheading the Africa practice at Dentons,” the firm said. “Qualified to practice as a solicitor in England & Wales, Mr Bugingo brings with him a wealth of experience in the energy and infrastructure sector and a particular focus on Africa.”

Bugingo joined Simmons & Simmons as partner in Dubai in 2015, after a 17-year stint at Dentons as partner in London and Dubai.

“We are very pleased to have Paul join us. His broad experience in advising on Africa-related projects and his overall projects background will be a tremendous asset. He adds a new dimension to our Dubai-based offerings,” said Jeremy Miocevic, managing partner of Curtis Dubai.

Curtis Mallet has been expanding its international presence this year, in July making a rare partner hire to its London office from Cleary Gottlieb Steen & Hamilton.

Simpson Thacher Adds To London M&A With Gibson Dunn Partner

Simpson Thacher & Bartlett has made a rare lateral partner hire in London, bringing in private equity partner James Howe from U.S. rival Gibson Dunn.

Howe is set to join Simpson Thacher after four years at Gibson Dunn, which he joined in 2016 from Proskauer Rose.

He is the latest addition for the usually lateral-averse Simpson Thacher in London, though the firm brought on board Linklaters’ former global tax head Yash Rupal as a partner in February.

The firm’s last heavyweight hire prior to that was in 2018, when the firm hired Clifford Chance M&A infrastructure partner Amy Mahon to its ranks following a trend of recruiting from the Magic Circle firm, where the firm’s London managing partner Jason Glover joined from in 2010.

Glover said in a statement: “Given his experience advising many of the most sophisticated private equity sponsors on a wide range of high-profile transactions, James is a perfect fit for the firm.

“His dealmaking prowess further bolsters our existing top-notch global private equity mergers and acquisitions capabilities, adding further depth to our extraordinarily talented bench of lawyers in London.”

Gibson Dunn has seen several exits from its London office in recent months, including leveraged finance partner Amy Kennedy who joined Akin Gump Strauss Hauer & Feld in March, and corporate partner Jonathan Earle, who left the firm at the beginning of 2020.