Type: New Arrivals, News Releases
February 2, 2016 – Reed Smith LLP has announced the addition of Richard Tannenbaum as a partner in the firm’s Financial Industry and Commercial Restructuring & Bankruptcy Groups in New York. Tannenbaum was most recently executive counsel in the Bankruptcy and Restructuring Center of Excellence at General Electric Capital Corporation. Prior to GE Capital, Tannenbaum was counsel at Reed Smith. With more than 30 years of experience as a commercial finance lawyer, Tannenbaum is one of the leading practitioners in the leasing and lending space, especially in connection with troubled deals in equipment and real estate finance. With the addition of Tannenbaum, New York remains one of Reed Smith’s fastest-growing offices, adding 33 lawyers over the past year.
“We’re very pleased to welcome Rich back to Reed Smith,” said Peter Clark, global head of Reed Smith’s Commercial Restructuring & Bankruptcy Group and vice-chair of the Financial Industry Group. “We worked closely with Rich and his team at GE Capital for a number of years and always found him to be a creative and innovative partner. His broad experience with workouts, insolvency, loan documentation, due diligence, risk management and accounting-standards compliance are an ideal fit with our group and will be of great interest to many of our clients.”
Tannenbaum focuses his practice on wing-to-wing aspects of credit and risk issues arising primarily in equipment finance transactions, including deal origination, workouts and restructurings, bankruptcy, and litigation. His subject matter and industry experience includes commercial distribution finance, corporate finance, and equipment finance on deals in the United States, Canada, and Latin America.
He received his J.D. from Brooklyn Law School and his B.A. from Temple University. Prior to being counsel at Reed Smith, Tannenbaum practiced at Robinson & Cole and Steefel Levitt & Weiss.
“Our New York office continues to grow and we’re thrilled to have Rich join us,” said Douglas Wood, office managing partner of Reed Smith’s New York office. “Our global reach and strong financial services practice are an ideal platform for Rich’s practice.”
Reed Smith’s Financial Industry Group consists of more than 250 lawyers and is one of the largest practices dedicated to clients in the financial sector – advising domestic and global banks, insurance companies, credit card companies, mortgage bankers, investment banks, and investment management companies and advisors. We leverage the skills of our financial litigation, finance and lending, investment management, financial regulatory, commercial restructuring and bankruptcy, and M&A practices to serve our clients in multiple jurisdictions. Our unique ability to deliver first-rate services across the financial industry spectrum from a global platform, while maintaining a personal connection to our clients by putting relationships first, sets us apart from the rest.
About Reed Smith
Reed Smith is a global relationship law firm with more than 1,800 lawyers in 26 offices throughout the United States, Europe, Asia and the Middle East. Founded in 1877, the firm represents leading international businesses, from Fortune 100 corporations to mid-market and emerging enterprises. Its lawyers provide litigation and other dispute-resolution services in multi-jurisdictional and other high-stakes matters; deliver regulatory counsel; and execute the full range of strategic domestic and cross-border transactions. Reed Smith is a preeminent advisor to industries including financial services, life sciences, health care, advertising, entertainment and media, shipping and transport, energy and natural resources, real estate, manufacturing, technology, and education. For more information, visit reedsmith.com.
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