Mintz snatches McDermott partners Brown Rudnick
- New hires include two McDermott bankruptcy and restructuring partners
- Brown Rudnick’s partner previously represented Apple, biotech companies
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(Reuters) – Mintz, Levin, Cohn, Ferris, Glovsky and Popeo said on Wednesday they had recruited two restructuring lawyers from McDermott Will & Emery and a capital markets lawyer from Brown Rudnick.
McDermott veterans Nathan Coco and Megan Preusker have joined the practice of Mintz bankruptcy and restructuring. Both are based in Chicago and Coco also has an office in Houston. Although the two will integrate their practices at McDermott’s New York office, Coco said they have no plans to move to the Big Apple anytime soon, noting that the COVID-19 pandemic has forced lawyers to work remotely.
“I’m open to a relocation, and I think Megan is too,” Coco said.
Coco and Preusker both spent the majority of their legal careers at McDermott, with Coco being over 24 and Preusker eight, according to their LinkedIn profiles.
The restructuring practice of the two lawyers focuses on municipal finances and tax-exempt finances. Mintz is an established player in this space, Coco said.
“There was a perfect synergy between my practice and my clients and their practice and their clients, and a lot of them are the same clients,” he said.
Coco has been involved in the high-profile bankruptcies and restructurings of the City of Detroit, the Commonwealth of Puerto Rico, Enron Corp, Lehman Brothers Holdings and United Airlines Inc.
He was part of the McDermott line representing Pizza Hut in the bankruptcy proceedings of its largest franchisee, NPC International. Coco said he expects his customers to follow him to Mintz, although he doesn’t expect to continue representing Pizza Hut, noting he is part of a larger team.
Jason McCaffrey, a Capital Markets and M&A partner at Brown Rudnick, also joins Mintz. McCaffrey joined the firm as a member of its corporate practice in Boston.
McCaffrey’s clients included several life science and pharmaceutical companies, including Arix Bioscience Plc and Midatech Pharma Plc, as well as Apple Inc, according to his former profile of Brown Rudnick.
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