Sullivan & Cromwell LLP announced recently that Patrick Bright and William Needham will join the firm as Partners. Their arrival continues the momentum in S&C’s London office, reflecting increased client demand for the most sophisticated advice across high yield, private credit, restructuring and special situations.
“The addition of Patrick and Will marks another important milestone in the continued growth of our London office,” said Robert Giuffra and Scott Miller, Co-Chairs of Sullivan & Cromwell. “They are outstanding lawyers with deep experience in the private capital markets, and their arrival significantly enhances our ability to support sponsors, investors and lenders across the private capital spectrum in Europe. We’re delighted to welcome them as partners of S&C.”
Mr. Bright is a preeminent capital markets lawyer and joins to lead the firm’s high yield capability. He regularly acts for leading investment banks, sponsors, corporates and bond investors on marquee high-yield offerings and leveraged finance transactions. His experience also spans bond restructurings, complex capital markets transactions and general U.S. securities law matters, giving him a deep familiarity with capital structures across the debt cycle. Mr. Bright is ranked as a Leading Individual by Chambers UK for Capital Markets: High Yield Products, a Market Leader for Capital Markets: High Yield by IFLR1000 UK and as a Leading Partner for High Yield by Legal 500 UK.
Mr. Needham joins as Co-Head of S&C’s European Restructuring and Special Situations practice. He is a leading restructuring and special situations lawyer with first-hand experience as a principal investor. Ranked by Chambers UK for Restructuring and Insolvency, his practice focuses on complex cross-border restructurings, distressed debt, bespoke capital solutions and private credit workouts for asset managers, sponsors and corporates across Europe. Mr. Needham has advised on a wide range of prominent restructurings and special situations, including creditor committee roles, sponsor-driven restructurings and complex capital solutions involving high yield, private credit and hybrid instruments.
“Patrick and Will are not only recognised as market leaders in their respective fields, they also bring highly complementary practices at the intersection of high yield and restructuring,” said London Co-Managing Partners Kon Asimacopoulos and John Horsfield-Bradbury. “Our clients increasingly want exceptional lawyers who can operate seamlessly across the debt spectrum. Patrick and Will, together with our continued growth in specialty lending, acquisition finance, private equity and restructuring, are well placed to meet that demand.”
