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Published on 2/14/2013 in the Prospect News Bank Loan Daily, Prospect News Distressed Debt Daily and Prospect News High Yield Daily.

King & Spalding adds partner Austin in financial institution expansion

By Tali David

Minneapolis, Feb. 14 - King & Spalding said it added Jesse H. Austin, III as a partner in the expansion of its financial institutions practice, according to a press release.

Austin, a lending-side bankruptcy and restructuring lawyer, comes to King & Spalding from Paul Hastings. He joins partners Chris D. Molen and J. Craig Lee, who arrived at King & Spalding from Austin's former firm, along with senior associate Chadwick M. Werner and associate Maria Danielle Merritt.

"Jess is a widely respected and well-seasoned bankruptcy lawyer with extensive experience representing lending clients in significant restructurings. His arrival, plus the addition earlier this month of partners Chris Molen and Craig Lee, and two associates, significantly increases our bench strength for serving our leveraged-lending clients," Richard T. Marooney, co-leader of the financial institutions practice, said in the release.

Austin focuses primarily on the representation of institutional senior secured lenders in syndicated credit facilities and has specific experience in debtor-in-possession lending and in the health-care, media, retail, energy and gaming industries.

King & Spalding is an international law firm based in Atlanta.


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