New York, March 7, 2016 – Kramer Levin Naftalis & Frankel LLP announced today that Richard Farley has joined the firm as a partner in the corporate department and will chair the Leveraged Finance Group. Farley is one of the nation’s leading leveraged finance lawyers with experience in complex syndicated loan and high-yield debt financings. His practice centers on representing global commercial and investment banks and alternative investment funds in leveraged buyout financings, recapitalizations and refinancings. He joins from Paul Hastings, where he was a partner.
“Richard is a powerful addition to our finance team,” said Paul Pearlman, Kramer Levin’s managing partner. “He brings an exceptional reputation and a depth of experience on a wide range of complex global transactions that will significantly enhance the services we provide to our clients.”
Howard Spilko, co-chair of Kramer Levin’s corporate practice, added, “We are all excited to welcome Richard to Kramer Levin. We have worked with him on transactions over the years and have seen firsthand the exemplary knowledge, creativity and client service he brings to of his representations. Richard will enhance and deepen our finance capabilities. His practice complements ours very well, especially in the alternative investment funds area, which is a principal strategic focus for Kramer Levin.”
Farley is firmly established as one of the leading practitioners in the acquisition finance arena. He has led dozens of transactions totaling many billions of dollars. His clients include lead arrangers, underwriters and initial purchasers participating in domestic and cross border transactions.
“Joining Kramer Levin is a great opportunity for me to expand my practice,” Farley said. “I look forward to working with the firm’s many strong lawyers who have a deep knowledge of the banking and alternative finance community and vast experience on both the borrowing and lending side of intricate deals.”
Farley’s leadership extends to numerous community organizations. He chairs the board of the Allison Gertz Foundation, which provides AIDS education to children and young adults in New York City; and he is a member of the Museum of Modern Art’s Committee on Film. He frequently writes about developments in the banking industry and is the author of Wall Street Wars – The Epic Battles with Washington that Created the Modern Financial System, a book on the creation of modern financial regulation during President Franklin Roosevelt’s first term of office. He earned his J.D. from the University of Virginia School of Law and his B.A. from Rhode Island College.
Kramer Levin Naftalis & Frankel LLP is a premier, full-service law firm with offices in New York, Silicon Valley and Paris. Firm lawyers are leading practitioners in their respective fields. The firm represents Global 1000 and emerging growth companies, institutions and individuals, across a broad range of industries. For more information, please visit www.kramerlevin.com.