Paul Hastings Adds Premier Three-Partner Finance Team in New York

May 22, 2023

New York – In a move further bolstering the strength of its global finance platform, Paul Hastings LLP today announced that the three-partner finance group of Marc Lashbrook, Josh Zelig, and David Barash has joined Paul Hastings as partners in New York from the Band 1 practice at Cahill Gordon & Reindel LLP.

The trio is known for their top-of-market transactional work in size and complexity for clients including J.P. Morgan, Bank of America, and Barclays, as well as dozens of other banks and direct lenders across from the world’s leading private equity firms and public and private companies.

“As the debt markets evolve, we believe that Paul Hastings has strategically placed itself as a global market leader in finance and debt capital markets, and the addition of Marc, Josh, and David furthers that effort,” said firm Chair Frank Lopez. “We represent every major investment bank in syndicated leveraged finance and high-grade loan and bond deals, in addition to virtually every leading direct lender in lending and preferred equity deals, positioning us to provide premier support for our clients’ most complex transactions across the entire capital structure.”

Lashbrook, Zelig and Barash join on the heels of Paul Hastings’ recent additions, including a Band 1 finance team from Latham & Watkins LLP and a leading Weil, Gotshal & Manges LLP high-yield team—both in London—as well as preeminent former Weil finance partner Morgan Bale in New York, who is a market leader known for representing banks in their largest and most sophisticated deals.

Lashbrook, Zelig, and Barash’s deep and varied finance experience ranges from syndicated institutional term loans, direct lending, and asset-based transactions to public and private debt capital markets, including high-yield and investment grade bond offerings.

Lashbrook’s premier transactional work includes representing the financing sources in connection with $9.8 billion of financing for NortonLifeLock’s acquisition of Avast, the issuance of $23 billion of financing for T-Mobile’s Sprint acquisition and $13 billion of financing for a Blackstone-led consortium’s acquisition of Refinitiv. He also has worked with leading investment banks on the issuance of equity and equity-linked securities for the IPOs of Aramark, Burlington Stores, and PlayAGS, among others.

Zelig’s remarkable deal sheet includes numerous acquisition-related financings involving Brookfield Capital, Stone Point Capital, Blackstone, and KKR. In high-yield debt offerings for Dell Technologies, AMC Entertainment, VMWare, and HCA, he has represented the initial purchasers and he has represented the underwriters in IPOs for HCA, Townsquare Media, PBF Logistics, and PBF Energy.

Barash has exceptional experience on the leveraged loan and high-yield bond sides of large-cap and middle market acquisition financings and refinancings. He has represented financing sources on acquisitions by TPG, Bain Capital, Silver Lake Partners, and Burger King, among others, such as the $50 billion of new debt financing in Dell Inc.’s acquisition of EMC Corporation—a transaction valued at approximately $67 billion.

About Paul Hastings

With widely recognized elite teams in finance, mergers & acquisitions, private equity, restructuring and special situations, litigation, employment, and real estate, Paul Hastings is a premier law firm providing intellectual capital and superior execution globally to the world’s leading investment banks, asset managers, and corporations.

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