Squire Sanders announces that John Alderton, partner in the firm’s Restructuring & Insolvency Practice Group, has assumed the role of office managing partner in Leeds.
Mr. Alderton succeeds corporate partner Jonathan Jones, whose term as office head recently came to an end.
Squire Sanders has a long association with Leeds and continues to invest significantly in its city office which supports a wide range of Yorkshire, national, and global businesses. Over the past year Squire Sanders has consolidated its position in Leeds as one of the very few firms that can offer regional businesses sector-focused legal advice both nationally and internationally. The office has advised on several high-profile transactions – including, most recently, advising Trustmarque Solutions on its Dunedin-backed MBO, Eve Trakway on its sale to Ashtead Group, the Business Growth Fund on various of its investments, and on the sale of the Summly mobile news app to Internet giant Yahoo!.
John Alderton has been with Squire Sanders for 14 years and leads the local team that was recognized as Corporate Recovery Team of the Year at the Yorkshire Lawyer Awards in 2010 and 2012. He advises banks and other financiers, insolvency practitioners, directors and management teams as well as creditors on all issues arising in stressed and distressed scenarios both within the UK and cross-border - including restructuring, reorganization, lender security reviews, and enhancement, as well as contentious and non-contentious insolvency. Recent cases of note include the rescues of Barratts Shoes, Past Times, and Extra Motorway Services.
Peter Crossley, European Managing Partner, said: “We thank Jonathan for his enthusiasm, dedication and commitment during his time as office managing partner, and we’re delighted that John is able to take up the reins. John has already played an integral role in the success of the local office, where we act for many of the region’s leading businesses, and he will now lead us through the next important phase of our investment in Leeds and Yorkshire.”
Commenting on his appointment John Alderton said: “It’s a privilege to be picking up the mantle in Leeds and at such an exciting time for the office. Jonathan has done a marvelous job in strengthening our presence in the region, making businesses aware of our important legacy and our new capabilities. We want to spread that message wider – that a firm with deep local roots offers specialist expertise across a global platform.”