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Press Release

Latham & Watkins Adds New York Partner to Expanding Restructuring & Special Situations Practice

July 6, 2020
George Klidonas brings substantial experience guiding companies and creditors in complex bankruptcies and restructurings.

Latham & Watkins LLP1 is pleased to announce that George Klidonas has joined the firm’s New York office as a partner in the Restructuring & Special Situations Practice within the Finance Department. Klidonas focuses his practice on corporate restructurings, liability management transactions, recapitalizations, and other special situation transactions.

Klidonas brings extensive experience representing companies (including portfolio, privately held, and public companies), equity owners and sponsors, and committees and distressed investors (including hedge funds and private equity funds), in acquisitions, out-of-court restructurings, and chapter 11 cases. He also advises boards of directors, board committees, and senior management of financially troubled companies on a range of fiduciary duty and corporate governance issues. Klidonas also previously worked on secondment at KKR in the Special Situations Group where he advised the investment team on existing portfolio investments as well as new investments, including rescue financing, debtor-in-possession and exit financing, recapitalizations, equity investments, distressed trades, and other opportunistic investments.

“George has an impressive track record steering large and complex restructurings for major companies and creditors across the capital structure, and we are delighted to welcome him to the firm,” said Michèle Penzer, Office Managing Partner of Latham & Watkins in New York. “Clients in New York and around the world will be well-served by George’s proven experience as they navigate a challenging and fast-evolving market environment.”

Klidonas is the latest partner to join Latham’s deep bench and expanding global Restructuring & Special Situations Practice. In recent months the firm has added partners Alexandra Bigot in Paris, Jessica Walker in London, and Suzzanne Uhland in New York.

George Davis, Global Chair of Latham’s Restructuring & Special Situations Practice, said: “George is well-regarded in the distressed world, and his arrival further enhances our strong and growing debtor/sponsor practice, as well as our prominent creditor practice. His wide-ranging experience and deep ties to the private equity community in particular are highly complementary to Latham’s platform.”

Scott Gottdiener, Global Chair of Latham’s Finance Department, said: “Latham continues to invest in our market-leading restructuring practice around the globe, and George is a terrific addition to our team that is delivering tremendous results for clients. George regularly advises on sophisticated, cross-border matters that we are increasingly seeing in the market.”

“Latham is well-known for the depth and breadth of the firm’s global platform and strength across practices and industries required to effectively serve clients’ complex needs,” said Klidonas. “I’m thrilled to join Latham’s talented team and look forward to working with my colleagues around the globe.”

Klidonas joins Latham from Kirkland & Ellis LLP. He received his LLM in Restructuring from St. John's University School of Law and JD from the Benjamin N. Cardozo School of Law.

About Latham & Watkins

Latham & Watkins delivers innovative solutions to complex legal and business challenges around the world. From a global platform, our lawyers advise clients on market-shaping transactions, high-stakes litigation and trials, and sophisticated regulatory matters. Latham is one of the world’s largest providers of pro bono services, steadfastly supports initiatives designed to advance diversity within the firm and the legal profession, and is committed to exploring and promoting environmental sustainability.

Notes to Editors

1 Latham & Watkins operates worldwide as a limited liability partnership organized under the laws of the State of Delaware (USA) with affiliated limited liability partnerships conducting the practice in France, Hong Kong, Italy, Singapore, and the United Kingdom and as an affiliated partnership conducting the practice in Japan. Latham & Watkins operates in South Korea as a Foreign Legal Consultant Office. Latham & Watkins works in cooperation with the Law Firm of Salman M. Al-Sudairi, a limited liability company, in the Kingdom of Saudi Arabia.