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Winston & Strawn Adds Strength in Insolvency Practice, Hires Prominent Laterals Marwil and Thomas.

CHICAGO -- Winston & Strawn LLP announced today that prominent bankruptcy attorneys Jeff J. Marwil and Mark K. Thomas and their team of Paul V. Possinger and Brian I. Swett have all joined its Chicago office as partners from Jenner & Block. Marwil and Thomas have worked together for more than 15 years, and bring nearly 50 years of combined experience in the workout, bankruptcy and restructuring area. Marwil will co-chair Winston & Strawn's restructuring and insolvency practice with partners Matt Botica and Eric Sagerman, in the firm's Chicago and Los Angeles offices, respectively.

"We are extremely pleased that Jeff and Mark have joined Winston & Strawn's highly-regarded national bankruptcy practice," said Thomas Fitzgerald, Winston & Strawn's firmwide managing partner. "The hiring of Jeff, Mark and their accomplished team provides Winston & Strawn's bankruptcy practice additional depth, and furthers our strategic vision for the practice," added Fitzgerald. Winston & Strawn's insolvency practice boasts approximately 50 attorneys with numerous veteran practitioners in Chicago, New York, Los Angeles and San Francisco.

Marwil focuses his practice on bankruptcy, workouts and corporate restructuring. He regularly represents public and private companies, senior secured lenders, official committees and hedge fund investors. Additionally, Marwil is well respected as an independent fiduciary investigating fraud. He consults on a federal level with bipartisan leadership of several Senate Committees, and recent hedge fund legislation contained language that Marwil specifically recommended.

Marwil is a popular speaker at M&A, bankruptcy and legal industry events, and has authored several articles. He earned his juris doctor from DePaul University, where he was a member of the Law Review, and his bachelor's degree in economics from the University of Michigan.

Mark Thomas also concentrates his national practice in corporate bankruptcies, workouts and restructurings for secured lenders, syndicated loan agents, debtors and borrowers, involving both public and private companies. He has handled a number of high profile bankruptcy cases, including Fruit of the Loom, Montgomery Ward, Metal Management Company and Archibald Candy Corporation. Thomas' work as lead bankruptcy counsel for Archibald Candy Corporation was recognized in 2004 by both M&A Advisor as the "U.S. Middle Market Deal of the Year," and by the Chicago Chapter of the Turnaround Management Association as the "Transaction of the Year."

Thomas served as law clerk for the Honorable Robert L. Eisen, U.S. Bankruptcy Court, Northern District of Illinois. He holds a juris doctor from the University of San Diego School of Law and a bachelor's degree from Northwestern University.

"I have worked with Jeff and Mark in a number of cases over a 20-year period, and I'm excited to have them join our restructuring group," said Matt Botica, co-chair of the practice.

Paul Possinger focuses his practice on corporate reorganization, creditors' rights and bankruptcy, and primarily represents financially troubled entities and secured lenders in debt restructuring and reorganization. He earned his juris doctor from the College of William and Mary and was a member of the William and Mary Law Review for two years and was executive professional articles editor. He received a bachelor's degree, with university honors, from LaSalle University.

Brian Swett represents senior secured lenders and other secured creditors, as well as public and private companies, including debtors in possession, sellers, purchasers, shareholders and investors, in all aspects of in-court and out-of-court workout, restructuring and reorganization matters. Over the last year, Swett has published several articles on such topics as included PBGC underfunding liens and insider asset sales. He also recently spoke on PBGC underfunding liens.

Winston & Strawn LLP is an international commercial law firm with more than 850 attorneys in nine offices including Chicago, New York, Washington, D.C., Los Angeles, San Francisco, London, Paris, Geneva and Moscow. More information is available on the firm's web site at: www.winston.com.
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Publication:Business Wire
Date:Jan 16, 2007
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