O’Melveny & Myers is opening a Dallas workplace with 4 companions from Norton Rose Fulbright, simply three weeks after increasing into Austin.
Louis Strubeck, Jr., who served as international and U.S. head of Norton Rose’s restructuring and insolvency follow, is becoming a member of O’Melveny to launch its latest workplace. He’s joined by Scott Paul Drake, who was the regional head of litigation at Norton Rose, in addition to companions H. Douglas Wabner and Gregory Wilkes.
The launch of the agency’s Dallas workplace comes after O’Melveny picked up 4 legal professionals from Thompson & Knight to launch its workplace in Austin earlier this month. That transfer included the pinnacle of Thompson & Knight’s workplace within the Texan capital, Philip Oldham, together with Katie Coleman, who was firmwide head of Thompson & Knight’s authorities and regulatory follow.
After taking inventory of its work and relationships in Texas, Butwin and Strubeck started preliminary conversations about opening in Dallas, the place he laid out the O’Melveny’s imaginative and prescient for Texas, stated O’Melveny chair Bradley Butwin in an interview with Bloomberg Regulation on Tuesday.
This included deepening relationships with current purchasers, in addition to its areas of energy, like restructuring, IP, litigation and infrastructure. However, with the addition of Strubeck and the staff from Norton Rose, Butwin stated the agency will be capable to additional construct out its restructuring actions in addition to its litigation, life sciences and merchandise legal responsibility practices.
“It’s actually an ideal praise and we couldn’t be happier,” Butwin stated.
Although O’Melveny’s restructuring follow has a powerful presence in New York and California, it doesn’t in Texas, and the chance to assist increase that was huge attraction, Strubeck stated.
“Proper now there’s in all probability no extra standard venue within the nation for giant, complicated circumstances than Texas,” Strubeck stated.
Strubeck has represented main banks and institutional lenders as collectors, creditor and advert hoc committees, distressed and personal fairness funds, and company debtors in giant, complicated restructurings. He has labored with the likes of CHC Helicopters, Adeptus Well being, Samson Vitality, Sabine Oil and Fuel, Quicksilver, Abroad Shipholding Group, and Normal Motors, amongst others. He, together with Wilkes, will be part of O’Melveny’s restructuring follow.
Drake, whose follow focuses on complicated industrial litigation, will be part of O’Melveny’s chapter litigation follow. Wabner, who focuses on merchandise legal responsibility and sophistication motion protection, will be part of its product legal responsibility and mass torts follow.
“It was a extremely thrilling alternative for me to be a part of one thing that was going to be new, be capable to construct one thing,” stated Strubeck, who helped launch Fulbright & Jaworski’s Dallas workplace in 1987.
Extra and Extra Related
Dallas is a “good praise” to its Austin workplace, Butwin stated, noting that the agency was initially agnostic as to which workplace would open first.
A few of its purchasers and conventional core practices practices, like restructuring, are extra Dallas-centric, whereas its Austin workplace melds with its infrastructure follow and its Silicon Valley and know-how capabilities that additionally marry up with its vitality follow, Butwin stated.
Butwin told Bloomberg Law earlier this month that the agency’s enlargement into Texas was “a pure extension” of what O’Melveny had already been doing.
O’Melveny has lengthy represented among the Lone Star State’s largest firms, together with Dallas-headquartered AT&T Inc. and Time Warner, Fort Price-based American Airways Group Inc., and Irving-based Exxon Mobil Corp.
“The plan is to proceed to construct out in areas the place we’re robust, or we imagine we will shortly develop into robust, and areas that play nicely to our shopper base,” Butwin stated of the agency’s ambitions in Dallas, noting that there can be “regular development” within the close to time period.
O’Melveny’s transfer into Dallas makes it simply the newest entrant into the northern Texas metropolis that already boasts a powerful roster of each native and non-native Massive Regulation corporations.
Kirkland & Ellis, Reed Smith, Shearman & Sterling, Sidley Austin, Winston & Strawn and Weil Gotshal & Manges, together with Texas-founded corporations like Akin Gump Strauss Hauer & Feld, Baker Botts, Vinson & Elkins and Haynes and Boone, all have workplaces within the metropolis. Quinn Emanuel can be mulling opening an workplace in Dallas after its preliminary plans to take action unraveled.
As for O’Melveny, its Texas ambitions may prolong past Dallas and Austin. “Houston is a superb market and we’ll simply should see,” Butwin stated. However, earlier than any determination is made, it intends to construct out its current workplaces in Texas with fine quality expertise, he stated.
“There are all types of alternatives in Texas and with every passing day, Texas turns into an increasing number of related,” Strubeck stated.