Clifford Chance (CC) has launched a push for its European high-yield offering with the rehire of former partner Michael Dakin to its City practice.

Dakin, who is relocating from Dubai-based client Future Group, will join CC this month along with senior associate Jeremy Traster from Cahill Gordon & Reindel in New York. The pair bring the London high-yield team to a total of four partners and 12 associates.