Latham & Watkins Enhances New York Team with New Finance Partner Max Silverstein

Latham & Watkins Expands Its Finance Expertise in New York

Latham & Watkins LLP has made a significant move to bolster its Capital Markets Practice in New York by welcoming Max Silverstein as a new partner. Having substantial experience in complex financing and liability management transactions, Silverstein targets sponsors, corporates, and credit funds in a diverse array of financial activities.

His extensive background includes advising on intricate matters related to direct lending, special situations, and restructuring, which are deemed strategic priorities within the firm and aligned with the increasing demand from clients. Marc Jaffe, the Managing Partner of Latham's New York office, expressed enthusiasm about Silverstein's addition, stating, "We are delighted to have Max join our all-star team, further enhancing our ability to serve our clients' most sophisticated financing needs."

Silverstein’s focus areas encompass direct lending, special situations transactions, workouts, restructurings, and insolvency matters. He has successfully represented private equity sponsors, portfolio companies, corporate borrowers, and credit funds in various leveraged finance transactions, which include acquisition financings, leveraged buyouts, recapitalizations, and senior secured credit facilities. Notably, he has established a leading practice in advising clients on complex asset-based term loans and revolvers, including first-in, last-out financings.

John Sobolewski, who serves as the Global Chair of Latham’s Liability Management Practice and also as the Global Vice Chair of the Capital Markets Practice, recognized Silverstein as an elite talent, stating, "Max is a proven advisor on complex finance and liability management matters. He deepens our market-leading capabilities and strengthens our role as the go-to advisor for clients across the capital stack."

Silverstein is the latest in a series of high-profile partners to augment Latham’s finance and corporate platform, which has welcomed renowned practitioners in New York over the past year, including Ray C. Schrock, Andrew Parlen, and others. His transition to Latham follows his tenure at Ropes & Gray LLP, reflecting a growing trend of experienced legal professionals joining the firm to enhance its offerings.

Expressing his excitement about joining Latham, Silverstein stated, "It is not only Latham's incredible scale and resources that are exciting, but also the firm's strong commitment to investing in and expanding the practice at the highest level." He intends to contribute significantly to Latham’s ambitious growth plans and sustained success.

With the addition of Max Silverstein, Latham & Watkins continues to assert itself as a leading global law firm, adept at navigating complex transactions across financial markets. The firm’s dedication to excellence and innovative practices positions it well to tackle the most critical challenges faced by its diverse clientele.

In summary, the recruitment of Silverstein enhances Latham & Watkins’ existing expertise in finance, showcasing their commitment to remaining at the forefront of the legal landscape. As they continue to expand their capabilities, clients can expect an exceptional level of service and innovative solutions tailored to meet their financial needs.

About Latham & Watkins

Latham & Watkins is a premier global law firm that unites exceptional legal professionals across major financial hubs to deliver insights on complex transactions, litigation, and regulatory matters. The firm's extensive market knowledge and dedication to innovation are instrumental in helping clients navigate significant challenges and reach their objectives.