Ashurst boosts finance expertise in the US with two hires from rivals

One partner comes from a Magic Circle firm, while another moves from a major US firm

Ashurst boosts finance expertise in the US with two hires from rivals
Ashurst has bolstered its finance expertise in the US with a couple of partner hires from two rivals.

The international law firm has appointed Michael Neary and Sarah Rackoff as partners in New York and Washington DC, respectively.

Neary comes to the firm from Linklaters. With more than 20 years’ experience, he is an expert in finance law. He acts for arrangers, lenders, agents and borrowers on domestic and cross-border finance transactions. Neary, who is a member of the New York and California Bars, has a particular focus on syndicated and bilateral credit facilities, acquisition financings, asset-based facilities, corporate and debt restructurings, real estate loans, high-yield debt offerings, margin loans, trade and export financings, and hedge fund secured loans.

Rackoff joins Ashurst from Orrick. She is an expert in public finance, which is a core part of Ashurst’s infrastructure practice. She has extensive experience in structuring complex public finance transactions in the petrochemicals, public power, transport, housing, and healthcare sectors. Her clients include sponsors, borrowers, issuers and underwriters for issuances of publicly offered and privately placed tax-exempt and taxable fixed and variable rate bonds.

Andy Fraiser, Ashurst’s US managing partner, said that the duo will allow the firm to provide deeper and broader services in the country.

“Mike's broad experience and contacts make him a perfect fit for us and Sarah's deep experience of US P3 transactions has allowed her to make a very positive impact on active deals in the very short time that she has been here,” Fraiser said.

Last month, Ashurst scored a partner from Dentons in New York. In Sydney, the firm recently hired Norton Rose Fulbright’s former financial institutions head.

The hires come after a string of partner exits from Ashurst.

Related stories:
Global firm scores rival’s partner in New York
Firm snags rival’s financial institutions head in Sydney

Free newsletter

Subscribe to our FREE newsletter service and we’ll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Please enter your email address below and click on Sign Up for daily newsletters from Australasian Lawyer.

Recent articles & video

Lander & Rogers beefs up technology and digital practice with new partner

MinterEllison comments on litigation funder regulations

New Jersey Supreme Court boots judge for misconduct

COVID-19 and Australian courts and legal bodies updates: 1 June

KWM helps industrial chemicals manufacturer cook up $600m in capital raising under COVID-19

New Hong Kong security law an “unconscionable” threat to judicial independence, says IBA

Most Read Articles

Clayton Utz senior associate applauds greater focus on diversity and inclusion

HSF pumps up global financial services regulatory team with new partner

G+T helps newly-listed maltster brew up first capital raising with “novel relief” from ASIC

Ashurst helps challenger bank gain unicorn status on $230m capital raising