Cadwalader Names New Partners; Seven Attorneys from Four Offices Elected to Partnership.

NEW YORK -- Cadwalader, Wickersham & Taft LLP, one of the world's leading international law firms, has elected Ingrid Bagby, Gregory G. Ballard, Peter M. Dodson, Conor Downey, James Hassan, Melissa C. Hinkle and Tony Horspool as Partners of the firm, effective January 1, 2006.

"We are very pleased to welcome these outstanding attorneys to the partnership. They represent a cross section of our core practice areas and a demonstration of the growth and expansion that the firm is experiencing across offices," said Robert O. Link, Jr., Cadwalader's Chairman and Managing Partner. "It is a great pleasure to congratulate them today and we look forward to their continued success and contributions to the firm in years to come."

The following attorneys were elected Partner:

--Ingrid Bagby, an attorney in the New York Financial Restructuring Department, focuses her practice in the areas of bankruptcy, corporate reorganization and commercial litigation, including the representation of debtors, creditors and bondholders in Chapter 11 proceedings and restructurings, as well as international and cross-border insolvency proceedings. From 1996-1998, Ms. Bagby served as a judicial law clerk for The Honorable Conrad B. Duberstein, former Chief United States Bankruptcy Judge for the Eastern District of New York. Ms. Bagby received her undergraduate degree with honors from Georgia State University and her law degree from Brooklyn Law School. She is admitted to practice in the State of New York and before the United States District Courts for the Southern and Eastern Districts of New York.

--Gregory G. Ballard, an attorney in the New York Litigation Department, focuses his practice on securities, complex civil, criminal and commercial litigation, and other securities administrative matters. He represents a wide range of clients in class action securities cases and in SEC investigations and other matters. Mr. Ballard received his undergraduate degree from Columbia College and his J.D. from Columbia Law School, where he was a Notes and Comments Editor of the Columbia Law Review, a Harlan Fiske Stone Scholar, and a recipient of the James A. Elkins Prize in Criminal Law. He is admitted to practice in the State of New York, the District of Columbia and various federal courts.

--Peter M. Dodson, an attorney in the Washington Financial Restructuring Department, focuses his practice on bankruptcy-remote structures in connection with commercial real estate transactions. He also provides advice in relation to capital markets transaction structures and opinions. In addition, Mr. Dodson has substantial experience representing debtors and creditors in bankruptcy cases, and debtors in insurance insolvency cases. He received his B.A., M.A., and J.D. degrees from the University of Virginia and subsequently received an M.A. in Economics and a Ph.D. in Foreign Affairs, also from the University of Virginia. He is admitted to practice in the State of New York, the State of Virginia and the District of Columbia.

--Conor Downey, an attorney in the London Capital Markets Department, focuses his practice on securitization and structured finance products in the UK and throughout Europe. He has particular expertise in the areas of commercial mortgage backed and whole business securitization. He is a frequent speaker and author on securitization topics. Mr. Downey holds a Bachelor of Civil Law Degree, with honors, from the University College Dublin. He is admitted to the rolls of Solicitors of England and Wales and Ireland.

--James Hassan, an attorney in the Charlotte Global Finance Department, focuses his practice in real estate finance, particularly representing institutional lenders. He has expertise in the origination and securitization of mortgage loans secured by office buildings, apartment complexes, regional shopping malls, hotels and mixed-use projects. Mr. Hassan also has extensive experience representing lenders in the creation and ongoing operation of various lending programs, including commercial mortgage loan conduit programs, and the sale and transfer of various types of commercial loans. He received his law degree from Vanderbilt University Law School and his undergraduate degree from Vanderbilt University. He is admitted to practice in the States of North Carolina and New York.

--Melissa C. Hinkle, an attorney in the New York Global Finance Department, focuses her practice on commercial finance transactions, with emphasis on representing lenders in connection with the origination and securitization of commercial mortgage loans. She has handled complex real estate financings and the sale of commercial mortgage and mezzanine loans in the secondary market. She is a graduate of Harvard Law School. and received her B.A., summa cum laude, from the University of South Florida. Ms. Hinkle is admitted to practice in the State of New York.

--Tony Horspool, an attorney in the London Financial Restructuring Department, focuses his practice on advising on international debt restructurings and insolvencies. Mr. Horspool read Modern Languages at Brasenose College, Oxford and received his MA in 1989 before graduating from Inns of Court School of Law in 1991. He is a barrister, called to the Bar in England and Wales and the Cayman Islands.

About Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP, established in 1792, is one of the world's leading international law firms, with offices in New York, London, Charlotte, Washington and Beijing. Cadwalader serves a diverse client base, including many of the worlds top financial institutions, undertaking business in more than 50 countries in six continents. The firm offers legal expertise in antitrust, banking, business fraud, corporate finance, corporate governance, environmental, healthcare, insolvency, insurance and reinsurance, litigation, mergers and acquisitions, private client, private equity, project finance, real estate, securities and financial institutions regulation, securitization, structured finance, and tax. More information about Cadwalader can be found at www.cadwalader.com.