James Bromley has been heading to work at another downtown Wall Street firm over the last few days.
Previously a top bankruptcy partner at Cleary Gottlieb Steen & Hamilton, Bromley now co-heads Sullivan & Cromwell’s global restructuring practice. He quietly made the switch earlier this month after practicing at Cleary for about 30 years.
It’s a rare lateral partner hire for Sullivan & Cromwell, which did not issue an announcement about his addition. But Bromley has long been on the firm’s radar, after working with him on a number of matters over the years.
Bromley joined Cleary in 1989, after graduating from Columbia Law School, and he became a leading partner in the firm’s restructuring and insolvency group.
His work at Cleary included leading the team for Nortel Networks’ U.S. businesses in the Nortel Chapter 11 proceedings, a job that included managing the rapid dismemberment and auctioning of the company’s assets in a jumble of jurisdictions.
He’s also held a high-profile pro bono practice. In 2016, he was the lead counsel in Ferguson v. JONAH, an LGBT civil rights case that determined that conversion therapy and seeking to convert gay people constituted consumer fraud. He led a team of attorneys to win a unanimous New Jersey jury verdict over a firm that promised to convert young gay men to heterosexuality.
Bromley has appeared as counsel in some large bankruptcy cases lately, such as representing Tempur-Sealy International in Mattress Firm’s Chapter 11 and representing ESL Investments Inc. and its affiliates in the Chapter 11 case of Sears Holding Corp.
Bromley did not return a message seeking comment. In a statement Wednesday, Cleary said: “We thank Jim for his contributions to our global bankruptcy and restructuring practice over the past 30 years, and wish him well.”