Duo Expands Firm's East Coast Finance and Bankruptcy Practice
NEW YORK, NY--(Marketwire - March 25, 2008) - Carren B. Shulman and Russell L. Reid, Jr.
have joined the New York office of Sheppard Mullin Richter & Hampton LLP as
partners in the firm's Finance and Bankruptcy practice group. Shulman and
Reid most recently practiced with Heller Ehrman in New York, where she
co-chaired the office's Summer Associate program and he chaired the New
York Pro Bono committee and
co-chaired the office's recruiting committee.
Shulman focuses her practice on bankruptcy, commercial litigation, business
reorganization and creditors' rights, with an emphasis on representing
secured and unsecured creditors in transactions in and out of bankruptcy
both domestically and internationally. She has represented debtors,
committees, chapter 11 trustees, trade creditors and secured and unsecured
lenders in bankruptcy and has advised corporate trustees in default
administration. Shulman also has significant trial experience in
commercial and employment litigation.
Reid's practice focuses on the areas of creditors' rights, bankruptcy, and
corporate reorganization, with particular emphasis on default
administration for corporate trustees. On behalf of debtors, creditors,
committees, indenture trustees and loan servicers, he has developed and
negotiated disclosure materials and plans of reorganization, and has
prosecuted and defended litigation involving the automatic stay, cash
collateral, claim determination, debtor-in-possession financing and plan
confirmation.
"With Carren and Russell joining us, we continue to grow signature practice
groups like Finance and Bankruptcy and expand national capabilities to
better serve client needs on both coasts. In the current business climate
where restructurings and insolvencies are on the upswing, their bankruptcy
and commercial litigation expertise is of even greater value to clients,"
said Guy Halgren, chairman of the firm.
Commented Shulman, "Sheppard Mullin has a top-notch Finance and Bankruptcy
group. I am impressed by its reputation as a 'go-to' firm for banking and
restructuring clients, and am looking forward to working with Ed
Tillinghast in New York."
New York-based partner Edward H. Tillinghast III leads Sheppard Mullin's
East Coast bankruptcy practice. Tillinghast specializes in corporate
reorganizations and restructurings, cross-border insolvencies, creditors'
rights litigation, and distressed mergers and acquisitions, advising
distressed asset investors on high-yield investments and insolvency-related
securitization opinions.
"I am excited to grow the firm's New York bankruptcy practice with Ed, and
Carren and I are very pleased to rejoin our former colleague Margaret
Mann," Reid said. "Sheppard Mullin offers a strong platform for my
practice, which includes the support needed to handle sophisticated
bankruptcy and corporate trust matters."
Two months ago Margaret M. Mann joined the San Diego office of Sheppard
Mullin as partner in the firm's Finance and Bankruptcy practice group.
Mann previously led Heller Ehrman's Restructuring and Insolvency practice
and was the firm's National Hiring Chair.
For ten years, Shulman has represented the interests of Goodrich
Corporation in litigation and complex contract negotiations in nearly every
airline bankruptcy worldwide. She represented the largest West Coast power
company in a multi-billion dollar claim litigation against Enron Corp.
Shulman was special counsel to WorldCom, Inc. in In re WorldCom, U.S.
Bankruptcy Court, S.D.N.Y., 2002. She represented secured lenders in
debtor-in-possession financings in In re Indesco, U.S. Bankruptcy Court,
S.D.N.Y., 2001; In re Cannondale, U.S. Bankruptcy Court, Connecticut, 2003;
In re Henninger Media Services, U.S. Bankruptcy Court, Virgina, 2002.
Reid's experience has encompassed for a number of years the representation
of varied deal parties in the mortgage backed securities arena. His
expertise includes the interpretation and enforcement of pooling and
servicing agreements, swap agreements, trust indentures, and other related
documents, as well as associated out-of-court restructurings and
litigation. Reid has handled an array of business disputes before state
and federal trial and appellate courts and regulatory agencies, as well as
before tribunals appointed by the American Arbitration Association and the
National Association of Securities Dealers. He has significant experience
with other types of alternative dispute resolution, including mediation and
summary jury trials.
Shulman received a B.A., magna cum laude, from State University of New
York, Albany in 1988 and a J.D. from New York University Law School in
1991. Reid received a B.F.A., Journalism, magna cum laude, from Southern
Methodist University in 1983, a B.B.A., cum laude, in 1984 and a J.D. from
University of Texas School of Law in 1989.
Sheppard Mullin has 40 attorneys based in its New York office. The firm's
Finance and Bankruptcy practice group includes more than 70 attorneys
firmwide.
About Sheppard Mullin Richter & Hampton LLP
Sheppard Mullin is a full service AmLaw 100 firm with more than 520
attorneys in 10 offices located throughout California and in New York,
Washington, D.C. and Shanghai. The firm's California offices are located
in Los Angeles, San Francisco, Santa Barbara, Century City, Orange County,
Del Mar Heights and San Diego. Founded in 1927 on the principle that the
firm would succeed only if its attorneys delivered prompt, high quality and
cost-effective legal services, Sheppard Mullin provides legal counsel to
U.S. and international clients. Companies turn to Sheppard Mullin to
handle a full range of corporate and technology matters, high stakes
litigation and complex real estate, land use and finance transactions. In
the U.S., the firm's clients include more than half of the Fortune 100
companies. For more information, please visit www.sheppardmullin.com.
Contact Information: CONTACT:
Carren Shulman
(212) 332-3611
Russell Reid
(212) 332-3613
Ralph Richardson
(213) 617-5542