Peter Smedresman Joins Patton Boggs’ Banking and Corporate Finance Practice in New York

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    NEW YORK – (June 18, 2008) – Patton Boggs LLP announced today that Peter S. Smedresman has joined the firm as a partner in its New York office, where he practices in the Banking and Financial Institutions and Corporate Finance areas, largely focusing on cross-border finance.

    Mr. Smedresman handles a wide variety of international banking transactions, representing major financial institutions with their corporate finance needs, including debt finance, capital markets transactions, and derivatives. Mr. Smedresman has maintained long-standing relationships with several of the most active global banks.

    “Peter’s breadth of experience in the international banking and finance arena, as well as his deep understanding of the regulatory issues with which banks and financial institutions must contend, will be an invaluable source of guidance for our clients,” said Jim Tyrrell, Managing Partner of Patton Boggs’ New York and New Jersey offices. “Peter is an outstanding addition to our corporate practice in New York, which is growing substantially in size and stature. We welcome him to the firm,” added Mr. Tyrrell.

    Mr. Smedresman focuses on securities collateralization, as exemplified by his pivotal and successful role in the highly-publicized Maxwell/Berlitz litigation in the 1990s. In that proceeding, involving a disputed pledge of shares of Berlitz stock, Mr. Smedresman's client's positions were upheld at trial and on all appeals.

    “I am thrilled to join Patton Boggs, a firm that is widely recognized for its international reach and experience handling sophisticated corporate finance matters. I am looking forward to working with the highly-respected team in the New York office, and I welcome the opportunity to build upon and expand my previous experience and knowledge in complex finance matters, ”said Mr. Smedresman.

    Mr. Smedresman has authored or co-authored numerous articles on current areas of international financial law in notable publications such as NYU Law Review, International Financial Law Review, and Euromoney Export & Trade Finance Review. Most recently, he co-authored a chapter with Professor Andreas Lowenfeld of the New York University School of Law; the chapter, entitled “International Monetary Law and Private Activity”, appeared in the Second Edition of International Economic Law, published in April 2008 by Oxford University Press.

    Previously, Mr. Smedresman was a partner in Moses & Singer LLP in New York City. He is a graduate of New York University School of Law and received his B.A., cum laude, from New York University. Peter also holds a Diploma in International Law from the University of Cambridge.

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