It was announced via a press release today that the law firm of Morrison & Foerster has added the Honorable James M. Peck as its co-chair of the global Business Restructuring & Insolvency Group. The move takes effect on March 3.
Peck worked as the United States Bankruptcy Judge for the Southern District of New York. He was the presiding judge for the chapter 11 and SIPA cases for the Lehman Brothers. Beck also presided over the Chapter 11 cases for Charter Communications, Iridium, Extended Stay Hotels, Quebecor, ION Media and the Chapter 15 case for Japan Airlines.
“As a result of the increasing multinational nature of businesses and globalization of capital, in the last six years we have seen the most complex cross-border and domestic bankruptcy and insolvency matters in history. Judge Peck’s experiences presiding over some of these matters, including the Lehman Brothers chapter 11 case, in addition to his experience acting as a mediator in others, such as Residential Capital and MF Global, will add a wealth of expertise to our practice. We are delighted that Judge Peck will be joining Morrison & Foerster,” said Larren M. Nashelsky, chair of Morrison & Foerster.
Gary S. Lee, the chair of the firm’s Business Restructuring & Insolvency Group, said, “Bringing on a practitioner of Judge Peck’s stature strengthens our already robust practice in complex domestic and cross-border restructuring. Judge Peck will offer expertise in a myriad of areas where he has helped advance bankruptcy law. This is especially true of his landmark rulings relating to derivatives and the bankruptcy safe harbors. We are excited to offer his insights to our clients and colleagues.”
In the press release, Judge Peck said, “I look forward to continuing to do in private practice what I did on the bench – working on world class domestic and cross-border cases and engaging in complex mediation matters – at Morrison & Foerster. MoFo’s global platform and practice strength in restructuring and insolvency make this a most exciting opportunity.”