Former Deutsche Bank Executive Joins White & Case LLP

Paul Saltzman, who left his position earlier this year as the head of Deutsche Bank’s Americas global transaction banking, is joining White & Case as a partner in its growing global banking practice in New York.

“I think it’s just an unbelievable opportunity to take what has been a very successful practice and really utilize my skill sets to grow and build an even more successful one,” Saltzman said, praising White & Case’s “global network and its history of representing financial institutions.”

Over the past three decades, Saltzman has built a varied career representing interests in the financial services industry.

A former Skadden, Arps, Slate, Meagher & Flom structured finance associate, Saltzman began his in-house career at American securities firm Kidder, Peabody & Co., now known as PaineWebber. From there he joined the Bond Market Association in 1995 as its general counsel.

After nearly a decade at the international trade group, Saltzman went on to join electronic bond trading platform eSpeed, and investment and financial services groups Ellington Management Group and The Clearing House Association in various senior executive positions.

In May 2015, Saltzman joined Deutsche Bank as vice chairman and executive sponsor to handle its comprehensive capital analysis and review (CCAR), a regulatory process used by the Federal Reserve to assess and supervise banks and other financial institutions.

Known as the “CCAR czar,” Saltzman then transitioned in 2017 to become Deutsche Bank’s vice chairman and Americas head of global transaction banking, before leaving the lender in March of this year.

Since then, Saltzman said, he’s been contemplating his next step, ultimately deciding to return to the practice of law, where his career began.

“I thought a law firm was a good platform to leverage [my] experience and really get the breadth and the scope [of exposure] that really wouldn’t happen if I worked for any one particular institution,” Saltzman said.

In his new role at White & Case, Saltzman will work with banks and other financial services firms and their boards on regulatory and supervisory issues, as well as other legislative, transactional and compliance matters. He said he’s particularly eager to work with clients as they navigate the emerging field of financial services technology.

“There’s no question that there’s a digital transformation happening in the industry, [and] how those emerging technologies will be viewed by both regulators and the regulation is going to be an important part of our growing practices,” Saltzman said.

“Given my experience at Deutsche Bank, running regulatory remediation, dealing with a host of supervisory issues, I think that’s going to be a cornerstone of my practice representing boards and banks trying to navigate the complicated regulatory framework,” he added.

Ferdico PHOTO

Christopher Ferdico joins Berry Law Firm

Continuing its rapid growth, Berry Law Firm added significant legal firepower at the end of 2017 with the addition of Christopher Ferdico. A 23-year Veteran of the Army and a seasoned trial attorney with experience at the most prestigious levels of practice in Nebraska, Mr. Ferdico joined in December 2017 as Lead Trial Attorney. Beyond providing guidance on each of the Firm’s existing practice areas, he also immediately added substantial experience to the Firm’s firearms law practice, military law, employment law, and administrative law.

During his time in the Army and National Guard, Lieutenant Colonel Ferdico was awarded both the Bronze Star and the Meritorious Service Medal, among other awards. He deployed to both Kosovo and Iraq, serving with the 101st Airborne Division during the invasion of Iraq. In 2010, he returned to Iraq as the Brigade Judge Advocate, focusing on Operational Law, Intelligence Law, Administrative Law, and Military Justice as he advised senior combat commanders.

Mr. Ferdico was the 4th new attorney addition to Berry Law Firm in 2017, adding to the vigorous growth that earned Berry Law Firm a place in the Inc. 5000 list for fastest growing businesses in 2017. As the Firm has expanded its levels of service in Omaha, it has also increased representation throughout Southeast Nebraska, including Gretna, Bellevue, Ashland, Aurora, York, and Geneva. The firm now has 6 locations in the U.S. and serves Veterans nationwide.

Mr. Ferdico adds even more areas of practice to Berry Law Firm’s already extensive arsenal. He has a breadth of litigation and appellate experience in the areas of personal injury, premises liability, products liability, and administrative law, while also having litigated a wide variety of felony and misdemeanor criminal defenses. He has been appointed as a Special Assistant Attorney General to lead a special investigative task force for the State of Nebraska, and in 2011 was awarded the President’s Professionalism Award from the Nebraska State Bar Association.

An avid defender of the 2nd Amendment, Mr. Ferdico is also well regarded in the firearms community. He is a member of the National Rifle Association and is Berry Law Firm’s representative to the National Shooting Sports Foundation (NSSF).

Mr. Ferdico received both his undergraduate and law degrees from Creighton University, and was awarded his Juris Doctor cum laude.

Contact Berry Law Firm at 402-466-8444 or via www.jsberrylaw.com


Ropes & Gray rebuilds in Hong Kong with Simpson Thacher hire

Ropes & Gray has hired Simpson Thacher & Bartlett finance lawyer Jackie Kahng as a partner in its Hong Kong office.

Kahng, who is dual-qualified New York and Hong Kong and was an associate at Simpson Thacher, focuses on borrower-side financing work, advising private equity funds and their portfolio companies.

The co-head of Ropes & Gray’s global finance practice Byung Choi said: “Jackie’s experience will enhance our global finance offering and we expect that she will play a key role as we continue to expand our acquisition and leveraged finance practice. Her appointment is a further step in building an integrated global finance practice that allows us to offer cross-border expertise across financing products.”

Ropes’ 2020 strategy, which it unveiled in 2015, has an emphasis filling in the gaps and creating links between London, New York and Hong Kong.

The firm opened in Hong Kong in 2008 and first began offering Hong Kong law advice in 2012, hiring Julian Chung and Gary Li from Norton Rose and Paul Weiss Rifkind Wharton & Garrison.

The office suffered a blow in April 2017 with the loss of four partners, including office managing partner Paul Boltz, to Gibson Dunn & Crutcher. Private equity partners Scott Jalowayski and Brian Schwarzwalder, and banking partner Michael Nicklin, also departed.


Orrick hires six public finance lawyers in Texas

Six public finance lawyers have left Andrews Kurth Kenyon in Texas to join Orrick, Herrington & Sutcliffe—part of a larger group expected to leave Andrews Kurth for Orrick in the near future.

Texas Lawyer reported earlier this month that Andrews Kurth, which is shedding lawyers as it nears a merger with Virginia firm Hunton & Williams, was expected to lose a large public finance group to Orrick, which opened its first Texas office in January 2016 in Houston.

On Wednesday, Orrick confirmed that Robert Collie and Gene Locke recently joined the firm in Houston as senior counsel. The firm also confirmed that Jerry Turner joined as a senior counsel in Austin, along with of counsel Nathelie Ashby, Eric Johnson and Bill Medaille.

The firm is opening an office in Austin in connection with the lateral hires.

A spokeswoman for Orrick declined to comment on the extent of the lateral hires from Andrews Kurth in Texas. Locke and Collie, who list Orrick as their employer on their State Bar of Texas membership records, did not immediately respond to requests for comment.

Andrews Kurth currently lists 18 lawyers in its public finance practice and all are in Texas. Two sources with knowledge of the situation said that some lawyers in that public finance group plan to stay at Andrews Kurth and will not move to Orrick.

Andrews Kurth declined to comment on the departures, but dozens of the Houston-based firm’s Texas lawyers have changed firms in recent weeks. Beneficiaries of the lateral moves include White & Case, which opened an office in Houston this month, Katten Muchin & Rosenman, which opened an office in Dallas, and DLA Piper, which expanded in Dallas with Andrews Kurth laterals.