#United States #Chicago #Greenberg Traurig #Neal Loughery #Curt Ostosh

Greenberg Traurig Expands Private Equity Practice in Chicago

Greenberg Traurig, LLP, a leading global law firm, is making strides to enhance its Private Equity Practice through the significant addition of Cornelius "Neal" Loughery and Curt Ostosh. Both seasoned professionals will join the firm's Chicago office, marking a strategic move to bolster the firm's capabilities in managing complex financial transactions.

Profiles of the New Shareholders

Neal Loughery brings a wealth of experience, particularly in financing transactions involving private equity sponsors, portfolio companies, and lenders. His expertise encompasses various financing scenarios such as leveraged buyouts, refinancings, and subscription line financings. Neal's background includes advising sponsors on acquisitions and dispositions, which allows him to understand the private equity financing lifecycle comprehensively.

On the other hand, Curt Ostosh specializes in advising private equity sponsors and strategic investors on intricate transactions. His focus includes leveraged buyouts, minority investments, take-private transactions, and add-on acquisitions. Furthermore, he provides critical counsel to portfolio companies regarding their strategic growth initiatives and general corporate matters. With a diverse background that includes a secondment at a major private equity sponsor and roles in corporate development at a Fortune 100 company, Curt brings a business-oriented perspective to the legal landscape concerning private equity.

Both attorneys are praised for being in tune with the needs of private equity sponsors and their investments. Peter H. Lieberman, Co-Chair of the firm's Private Equity Practice, highlighted how Neal's debt finance expertise combined with Curt's extensive M&A experience significantly enhances the firm’s ability to deliver integrated support throughout private equity transactions.

The Importance of This Expansion

The inclusion of Loughery and Ostosh builds upon Greenberg Traurig's recent growth in its private equity team, which welcomed Francesco A. Castaldi and Robert Graham last fall in Chicago. As the private equity landscape continues to evolve and become more complex, the demand for legal experts who can navigate these intricate transactions is essential. Law firms that can blend literary expertise with practical business solutions stand to excel.

Neal expressed optimism about the move, stating that Greenberg Traurig offers a robust platform for private equity financing that can effectively assist sponsors and their affiliates in meeting their debt financing requirements. He looks forward to collaborating with his colleagues to aid sponsors in executing their investment strategies.

Curt echoed similar sentiments, noting the necessity for lawyers to adeptly manage the complexities of private equity transactions while delivering practical, business-focused advice. He believes that the combined strengths of Greenberg Traurig’s extensive private equity experience, global reach, and interdisciplinary capabilities position the firm favorably to support sponsors during their critical transactions.

About Greenberg Traurig's Chicago Office

The Chicago office of Greenberg Traurig, with a dynamic team of nearly 200 lawyers, embodies the ambition and diversity of the Windy City. For over 25 years, the office has provided multi-disciplinary advice across sophisticated transactions, high-stakes disputes, and intricate regulatory matters. Representing Fortune 500 companies, mid-market businesses, and emerging enterprises across various sectors, the Chicago team leverages extensive local market insights alongside the extensive global resources of the firm.

The firm is recognized for its commitment to philanthropy, culture, innovation, and pro bono efforts. Greenberg Traurig not only focuses on delivering strategic legal services but is also dedicated to fostering meaningful relationships with clients which have earned it accolades industry-wide.

Greenberg Traurig LLP, with over 3,100 lawyers across 51 offices globally, remains steadfast in its mission to provide innovative and strategic legal services that transcend borders and industries, solidifying its reputation as a leader in the legal field.