A top bankruptcy partner at Milbank, Tweed, Hadley & McCloy is leaving that firm to join Paul, Hastings, Janofsky & Walker.

Luc A. Despins, well-known in the profession for his representation of the creditors’ committee in the bankruptcy of Enron Corp., is the latest marquee name to be poached as firms rush to ramp up restructuring practices in response to the worsening economy.