Readers of this site have become accustomed to stories of major US law firms striving to get their bankruptcy practices in order. One recent example: last week we saw Michael Sage, the co-head of restructuring at O’Melveny & Myers, moving to Dechert, the latest in a line of lateral moves that have reflected the economic climate.
The white-collar crime Bar has not been quite as active – except, it seems, at Skadden Arps Slate Meagher & Flom. In December the US giant added three partners to its New York practice from Clifford Chance, including the magic circle firm’s former white-collar head, John Carroll. That was followed this week by an announcement that the firm had moved Gary DiBianco from Washington DC to London to lead a European corporate investigations practice.
