Lovells has hired a second restructuring partner from US firm Stroock & Stroock & Lavan as the City giant moves to beef up it US insolvency practice.

The top 10 UK firm has recruited Robin Keller as a partner to spearhead its US business restructuring and insolvency practice (BRI).

Keller, who joined Lovells’ New York arm this week (21 May), is the second US partner to join the group this month following the addition of Christopher Donoho — also from Stroock.

The appointments come after Lovells earlier this year lost US bankruptcy head Gary Lee, fellow partner Karen Ostad and a team of associates to Morrison & Foerster (MoFo) in New York.

Lee took around half of Lovells’ US restructuring work with him to MoFo but the City firm retains a number of major clients in the sector, including Standard Chartered and Nortel Networks.

The addition of Keller and Donoho also hands Lovells a foothold in the burgeoning hedge funds market, which is increasingly active in restructuring work.

Lovells global BRI chief Robin Spencer told Legal Week: “Hedge funds are the way the market is moving and we need to move in that way as well — we were trying to recruit in this area even before [the two partners] left.”

The departure of Keller and Donoho mark the latest in a stream of partner losses from Stroock’s bankruptcy team with O’Melveny & Myers also this month recruiting a four-partner team from the firm, including joint restructuring head Michael Sage.

Keller specialises in reorganisations and out-of-court restructurings and has worked with clients including bond-holder committees and financial institution clients as well as hedge funds.

She will work closely with Lovells’ banking and finance and capital markets teams in the US, which are headed by Russell DaSilva and Rob Ripin respectively


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