With sterling rallying against the dollar, firms have continued to show their commitment to the London market with significant hires this week.
Allen & Overy has hired Marwa Elborai, who has defected to the magic circle after more than 16 years at Shearman & Sterling. US qualified leveraged finance partner Elborai —who is ranked as a leading individual by The Legal 500 which describes her as ‘exceptional’ with ‘excellent sector knowledge, skills and commercial acumen’ — was promoted in 2016 and brings experience in high-yield debt offerings, US federal securities law, leveraged finance, project bond offerings, general debt capital markets transactions and debt restructurings.
