Skadden, Arps, Slate, Meagher & Flom has bolstered its New York restructuring practice with a hire from Simpson Thacher & Bartlett. Kenneth Ziman started work last week at Skadden, where he joined as a partner. Mr. Ziman’s move came without an announcement from Skadden or Simpson, where lateral departures are relatively uncommon. “This was a great opportunity to move to a fabulous firm with an established platform on the company side,” Mr. Ziman said. “It would allow me to broaden my practice to include companies and creditors.”
Mr. Ziman said he spent most of his time at Simpson working the creditor and lender side of bankruptcies and out-of-court restructurings. His interest in debtor- and company-side work evolved more recently as he began “gaining more exposure to it” during the economic collapse, he said. He recently served as lead debtors counsel for Motor Coach Industries in a brief but contentious Chapter 11 case.
