Davis Polk today announced that Jifree Cader and Mark Knight have joined the firm as partners. They will co-lead the firm’s London restructuring practice.

“We are thrilled to welcome Jifree and Mark to Davis Polk and officially launch our restructuring practice in London,” said Damian Schaible, co-head of Davis Polk’s Restructuring practice. “Jifree and Mark are very well known and well respected in the market. They have deep relationships with and are trusted by a wide range of sophisticated investors in Europe, many of whom are already clients of our firm, from their excellent work advising both companies and creditors in restructurings across the globe.”

The duo will be joined by several new counsel and associates and will continue to build out the European restructuring team over the coming months.

Jifree Cader said, “Davis Polk has one of the world’s preeminent restructuring practices. I am excited to join such an elite firm with a clear strategy to grow its London platform and expand the reach of its global restructuring capabilities. I look forward to working with the teams in the U.S. and London to capitalize on the growing market for restructuring transactions in Europe.”

Mark Knight said, “The team at Davis Polk is not only elite, but creative and energetic. The opportunity to be a part of that, and to help build the firm’s London restructuring practice, while continuing to work alongside Jifree, is truly exciting. I look forward to collaborating with my new colleagues as we tackle complex restructuring matters for our clients.”

Mr. Cader advises clients on all facets of restructuring and insolvency and has deep experience working on matters across the UK, Europe, MENA, Latin America and Asia.

He works with private equity firms, hedge funds, investment banks and other distressed debt and par investors, providing advice on their investment portfolios. He also regularly advises debtors and has been lead debtor counsel on a number of market-leading cases. He is widely recognized as a leading restructuring practitioner, including in the Legal 500 UK and Chambers UK, where a client noted that he is “a superstar” who “has been highly impactful on very complex transactions.”

Mr. Knight is a seasoned restructuring and special situations lawyer who has successfully led many complex restructurings and refinancings, acting for creditors, debtors, sponsors and enforcing agents. He works closely with key stakeholders around the capital structure. His practice is focused on all stages of the restructuring life cycle, including investment structuring, contingency planning and strategy, negotiations, implementation, post-restructuring optimization of existing investments, and exit. Mr. Knight is ranked by multiple industry publications, including Chambers UK, where clients have described him as “outstanding” and “a highly commercial-and client-focused lawyer.

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