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Clifford Chance adds N.Y. partner as UK firms court U.S. deal work

  • Paul Seraganian was New York managing partner for Canadian legislation agency Osler
  • London-founded firms have been increasing transactions practices on the East and West Coasts

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(Reuters) – Clifford Chance is the most recent UK legislation agency to develop its foothold within the U.S. authorized marketplace for transactional work, hiring the New York managing partner of Canada’s Osler, Hoskin & Harcourt.

Paul Seraganian has joined Clifford Chance’s U.S. tax, pensions and employment observe as a partner, the agency mentioned Thursday. He practiced at Osler for greater than a decade and a half, main the agency’s New York workplace for greater than 5 years.

Clifford Chance and different main UK-founded legislation firms have been busily increasing their U.S. transactional practices. In September, Freshfields Bruckhaus Deringer poached Damien Zoubek, a veteran dealmaker at Cravath, Swaine & Moore, to co-head its U.S. company and M&A observe. The month earlier than that, Allen & Overy nabbed a staff of eight companions from White & Case to launch a Northern California workplaces.

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Seraganian focuses his observe on the tax elements of cross-border company transactions, securities choices, financings and funds and funding administration, Clifford Chance mentioned. He additionally advises purchasers on tax-free and taxable reorganizations and acquisitions.

David Moldenhauer, who heads Clifford Chance’s U.S. tax, pensions and employment observe, mentioned in a press release that Seraganian will assist the group “provide first-class advice on critical tax issues.”

Osler didn’t instantly reply to a request for touch upon Seraganian’s departure.

Read extra:

Freshfields adds Arnold & Porter duo in newest life sciences push

Freshfields lures Cravath partner as M&A observe co-head

UK’s Allen & Overy breaks into Bay Area with White & Case staff

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Xiumei Dong

Xiumei Dong covers authorized business news, with a deal with legislation agency technique and development, in-house counsel and the Washington, D.C., authorized market. Reach her at Xiumei.Dong@thomsonreuters.com.

REUTERS/Toby Melville

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