In what was one of the largest single-team lateral moves of the past 20 years, news broke Thursday that a 43-lawyer restructuring team had defected from Stroock & Stroock & Lavan to Paul Hastings, sending shockwaves through the financial services legal community. Not only had Stroock lost a sizable team, but Paul Hastings had effectively tripled its restructuring offering, arguably making it a new destination for clients and talent alike in the practice area.