Lawfuel – The Law Newswire – Charlotte, May 30, 2007 – Dewey Ballantine LLP, a leading international law firm, announced today that it has expanded its financial services practice through the opening of a new office in Charlotte, North Carolina – the second largest banking center in the United States. The office will be founded by partners James R. (“Jamie”) Bryant, III, and W. Todd Stillerman, both previously partners with Dechert LLP.
Messrs Bryant and Stillerman’s structured finance practice focuses on structured real estate products and equity investments, including the representation of issuers and underwriters in commercial mortgage-backed securitization (CMBS) transactions, real estate CDOs and the securitization of other real estate interests, sale-leaseback, mezzanine financing, and syndicated finance transactions.
Gordon E. Warnke, co-chair of Dewey Ballantine’s Management Committee, commented: “Structured finance is a core practice area for Dewey Ballantine. Our expansion to Charlotte in this area represents strategic growth and a continued commitment to providing clients with excellent client service. Being on the ground in the leading financial centers of the United States and the world enables us to partner closely with our clients, providing them with the highest quality legal advice on the most sophisticated transactions.”
Chris Di Angelo, chair of Dewey Ballantine’s Structured Finance Group, said of the moves: “We open in Charlotte with some of the best names in the business. The fact that market-leading banking institutions and clients such as Bank of America and Wachovia are headquartered in Charlotte underscores the importance of having a presence in the region for us. This move also complements recent New York structured finance partner additions John Altorelli, Patrick de Carbuccia, Alexander Fraser and Jeffrey Potash and the firm’s offering to clients in the strategically important commercial loan securitization arena.”
Mr. Bryant, formerly the managing partner of Dechert’s Charlotte office, said of his arrival: “The structured finance group at Dewey Ballantine has a reputation for managing the most complex structured deals, across a broad range of asset classes. The Dewey platform is one on which we can build a highly successful finance practice in Charlotte. It is a natural fit for one of the most distinguished New York law firms to have an office in Charlotte, to serve some of the worlds most important financial institutions in the second largest banking center in the United States.”
Mr. Bryant is a member of the Real Estate Section and the Corporation, Banking, and Business Law Section of the North Carolina Bar Association and the American Bar Association. He also serves as a member of executive committee of the board of directors of The University of North Carolina School of Law Center for Banking and Finance, and as chair of the board of directors of the Mecklenburg County Bar Foundation.
Mr. Stillerman’s practice is centered on securitization and real estate capital markets. He has represented issuers, underwriters, loan sellers, and lenders in transactions involving CMBS, CMBS/CDOs, timber securitizations, and loan originations.
Notes for editors – Dewey Ballantine
The Firm has over 20 partners in its Structured Finance Group located in New York, Los Angeles, Washington D.C., London, Milan and Warsaw. The group is chaired by Chris Di Angelo.
The Firm has now hired 17 lateral partners since the beginning of April 2007.
Notes for editors – Charlotte, North Carolina
Charlotte is considered the second largest financial center in the United States – behind New York – with around $1.8 trillion in assets.
Charlotte is home to major banking organizations such as Bank of America (largest bank in the US) and Wachovia Corporation (fourth largest) which, between them, employ 32,000 people in the city.
About Dewey Ballantine
Dewey Ballantine LLP, an international law firm with approximately 550 lawyers located in New York, Washington, D.C., Los Angeles, East Palo Alto, Austin, London, Warsaw, Frankfurt, Milan, Rome, Beijing and Charlotte, was founded in 1909. Through its network of offices, the firm handles some of the largest, most complex corporate transactions, litigation and tax matters in areas such as M&A, private equity, project finance, corporate finance, corporate reorganization and bankruptcy, antitrust, intellectual property, sports law, structured finance and international trade. Industry specializations include energy and utilities, health care, insurance, financial services, media, consumer and industrial goods, consumer electronics, technology, telecommunications and transportation.