Cadwalader, Wickersham & Taft has added King & Spalding structured finance partner Ryan McNaughton to its ranks in New York and says more attorneys from McNaughton’s former firm will be on their way soon.

It will be another group loss for King & Spalding’s finance team. Just on Tuesday, Milbank announced the addition of at least 10 attorneys from the same practice, including the head of King & Spalding’s structured finance team, Michael Urschel.