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Published on 10/28/2008 in the Prospect News Distressed Debt Daily.

Proskauer Rose hires finance lawyer Michael Crosby in London office

By Devika Patel

Knoxville, Tenn., Oct. 28 - Proskauer Rose LLP announced in a press release that Michael Crosby, a finance lawyer, will join the firm's London office.

Crosby is the latest addition to the firm's growing international platform and its leading corporate finance group.

Crosby advises a range of lenders and borrowers on all aspects of acquisition financings, debt restructurings, recapitalizations and leveraged buyouts. He has particular expertise working with mezzanine and other specialist junior capital lenders on domestic and international corporate finance transactions.

Crosby joins the firm from Addleshaw Goddard LLP's London office, where he was a partner in the finance and projects division.

He received his law degree from the College of Law in London and an honors degree in economics from the University of Durham.

"The changing dynamics of the international capital markets have created even greater opportunities for specialist hedge funds and other junior capital and mezzanine lenders. Michael's background and practice will allow us to fully expand our finance platform into the U.K. and capitalize on these opportunities on behalf of our clients," the head of Proskauer's London office, Matthew Hudson, said in the release. "His practice, international experience and entrepreneurial drive make him a uniquely qualified member of our expanding team."

Proskauer Rose is an international law firm based in New York.


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