Pillsbury Winthrop Shaw Pittman announced Tuesday that it has snagged three bankruptcy partners from Cadwalader Wicksham & Taft, including former Cadwalader financial restructuring cochair Deryck Palmer. Joining Palmer in making the move are Andrew Troop and Christopher Mirick. All three will continue to be based in New York.

Palmer’s departure ends what had been a swift rise at Cadwalader. A little more than a year after joining the firm in March 2007 from Weil, Gotshal & Manges-a move he made with Troop and fellow Weil partners George Davis and John Rapisardi-Palmer became cochair of the firm’s bankruptcy group, serving alongside Bruce Zirinsky. (Zirinsky himself left Cadwalader for Greenburg Traurig in June 2009.)

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