Coming and Going Concerns

Bankruptcy and restructuring firm Chilmark Partners has started a joint venture with global finance firm Burford Capital, DBR reported via WSJ. The venture, Bankruptcy Litigation Funding LLC, will focus on advisory and financing services for bankruptcy-related claims. Burford said it has committed more than $500 million to litigation financing in the past five years; Chilmark said it has invested more than $1 billion in distressed private equity and that it has advised on nearly $100 billion in restructurings and financings.

Neil Cummings has joined law firm Jenner & Block in Los Angeles as a partner with the corporate finance practice. Mr. Cummings has experience with financing transactions including debtor-in-possession, or DIP, financing, as well as mezzanine financing and subordinated debt financing. Most recently, he worked with law firm Proskauer Rose.

Kathryn Koorenny has joined advisory firm AlixPartners as managing director and general counsel. Most recently, she was associate general counsel at American Airlines , where she worked on global commercial litigation and corporate compliance. Ms. Koorenny has worked on mergers and integration in chapter 11 bankruptcy cases.

Nathaniel R. Sinn has joined law firm Buckley King as an associate in the financial services group. Mr. Sinn works with financial institutions in bankruptcy, as well as distressed loans, workouts and other areas. He is a member of the American Bankruptcy Institute.

Glenn S. Walter has joined law firm Honigman Miller Schwartz & Cohn, where he will work as a partner with the commercial transactions and bankruptcy, reorganization and creditors’ rights groups. Mr. Walter, who will be in the Detroit office, has represented investors, asset purchasers, creditors and others in chapter 11 bankruptcy cases and out-of-court workouts. Most recently, he worked with Skadden, Arps, Slate, Meagher & Flom.

-Compiled by Melanie Cohen