Baker McKenzie bolsters restructuring and insolvency team
Baker McKenzie has boosted its restructuring and insolvency team in Sydney with the appointment of a new partner, who joins from King & Wood Mallesons.
Gavin Rakoczy has been appointed as the newest partner in Baker McKenzie’s restructuring and insolvency team and joins partners Maria O’Brien in Sydney, Peter Lucarelli in Melbourne and Ian Innes in Brisbane.
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Previously at King & Wood Mallesons, Mr Rakoczy is a specialist R&I lawyer with over 15 years of experience advising insolvency practitioners, companies, boards, banks and special situation funds in the R&I space.
Baker McKenzie’s national managing partner Anthony Foley said that the firm is “delighted to have such a skilled practitioner join us in Sydney”.
“Gavin has extensive R&I experience and has had a lead role in many of Australia’s most complicated restructures and distressed situations,” he said.
“He joins our highly regarded Australian R&I team – known for their ability to manage both complex local and cross-border corporate insolvencies and restructurings.”
Baker McKenzie head of R&I in Australia Maria O’Brien added that the appointment is coming at an opportune time.
“Gavin joins us at a time when we anticipate high client demand and expect to see restructuring and distressed debt transactions continue to be a significant growth area for the firm,” she said,
“Gavin provides a unique skill set spanning the full spectrum of R&I legal expertise, encompassing both front-end and back-end R&I work, together with excellent connectivity in the sector.”
In being appointed to the partnership, Gavin said he has “long admired the team and strong market position of Baker McKenzie, both in the domestic and global legal market”.
“It’s an exciting time to join the team, especially given the unpredictability of a post-COVID global economy overlaid with inflationary pressures, which brings with it both challenges and opportunities for Australian corporates and lenders,” he said.