Leveraged Finance and High Yield Debt Partners Join Firm

April 10, 2007

NEW YORK (April 10, 2007) — Bracewell & Giuliani LLP announced today that Mark B. Joachim and Robert T. Carey have joined the firm as partners in the New York office.

The addition of Mr. Joachim and Mr. Carey marks another milestone in the continuing growth of Bracewell’s New York office and the firm’s global finance, funds and financial restructuring practices.

Before joining Bracewell, both Mr. Joachim and Mr. Carey were partners in the New York office of Bingham McCutchen LLP. 

Mr. Joachim advises asset-based lenders, investment and commercial banks, private equity and hedge funds and other buy-out firms, with emphasis on leveraged finance transactions, second lien financings, and chapter 11 DIP and exit financings.

Mr. Carey’s practice focuses on corporate finance and securities, including high yield debt offerings, complex indenture interpretation disputes and distressed debt situations.

"We are very pleased to welcome these superb lawyers to our partnership and look forward to further growth in our leveraged finance and capital markets practice in New York," said Patrick Oxford, managing partner of Bracewell & Giuliani.

Mr. Joachim and Mr. Carey join Evan Flaschen and Gregory Nye, who also recently joined Bracewell from Bingham McCutchen, in bringing further depth to Bracewell's finance, funds and restructuring practices, which provide a range of financial, investment and restructuring services to private equity and hedge funds and other alternative investment vehicles, as well as to insurance companies, banks, underwriters and other financing institutions.

“Bracewell offers us a terrific platform and a great team for serving our clients with all of their leveraged finance and restructuring needs,” said Mr. Joachim.

Mr. Carey added, “Bracewell is extraordinarily committed to its clients and to its people. Mark and I are very excited to be a part of the Bracewell family.”