New York, NY. International law firm Nixon Peabody LLP is expanding its Distressed Investing and Trading team with the addition of two seasoned associates, Patrick Maschio and Roberto Ristorucci, who will be based in the New York City office. Their arrival will significantly enhance the firm’s depth and capabilities in this practice which is led by partner Doug Schneller, who joined Nixon Peabody earlier this year.
Mr. Maschio and Mr. Ristorucci join Nixon Peabody from Kramer Levin Naftalis & Frankel LLP. They represent commercial banks, investment banks, and hedge funds that invest and trade in distressed situations. Additionally, they advise domestic and international clients in a wide range of sophisticated transactions in the distressed debt market.
“Given the current economic climate and the increasing demands among our financial institutions to be serviced by finance lawyers covering both the primary and secondary markets, the addition of Patrick and Roberto will allow us to continue building our secondary market capabilities both in New York and in London,” said Mats G. Carlston, leader of the firm’s Global Finance practice.
“I worked closely with Patrick and Roberto at my prior firm,” added Mr. Schneller, leader of the firm’s Distressed Investing & Trading team, consisting of six lawyers and paralegals. “I’ve seen first-hand their ability to handle a high volume of complex loan and claims trading work for sophisticated clients.”
Mr. Maschio earned his J.D. from Fordham University School of Law. He has a B.A. from Columbia College. Mr. Ristorucci also received his J.D. from Fordham University School of Law. He earned his B.A. from Rutgers University.