Five New York-based partners are to leave Ashurst for US finance firm Chapman and Cutler, completing the full departure of the ten-partner team the firm hired from McKee Nelson in 2009 to launch a structured finance practice.
Collateralised loan obligation (CLO) partners Pat Quill, David Nirenberg, Steve Kopp, Doug Bird and Tom Glushko will all leave Ashurst this week, after originally arriving as part of a 30-lawyer finance team which included ten partners in 2009. The deal gave Ashurst a presence in both New York and Washington DC.
