Mr Duane McLaughlin > Cleary Gottlieb Steen & Hamilton > New York, United States > Lawyer Profile

Cleary Gottlieb Steen & Hamilton
ONE LIBERTY PLAZA
NEW YORK, NY 10006
United States
Duane McLaughlin photo

Position

Duane McLaughlin is a partner based in the New York office. Mr. McLaughlin’s practice focuses on financing transactions and mergers and acquisitions. He regularly represents private equity funds and their portfolio companies, focusing on bank financings, high-yield debt issuances and initial public offerings. He advises a number of NYSE and Nasdaq-listed U.S. and non-U.S. companies on corporate governance and disclosure matters. He has been involved in a number of transactions in Latin America.

Career

Mr. McLaughlin joined the firm in 1999 and became a partner in 2007. From 1998 to 1999, he served as law clerk to the Honorable Denise Cote of the U.S. District Court for the Southern District of New York.

Languages

Mr. McLaughlin is fluent in Spanish.

Memberships

Mr. McLaughlin is a member of the Bar in New York.

Education

Mr. McLaughlin received a J.D. degree from Columbia University School of Law in 1998, where he was the Book Review and Essay Editor of the Columbia Law Review, a James Kent Scholar and a Harlan Fiske Stone Scholar. He previously received a bachelor’s of arts degree from the University of Wisconsin.

Lawyer Rankings

Latin America: International firms > Banking and finance

Cleary Gottlieb Steen & Hamilton has long dominated the restructuring scene in Latin America, most recently in Brazil where it has worked on a series of headline engagements. The firm is also a recognised force in new-money lending, including acquisition and leveraged finance, project finance and special-situations financings. Clients include Grupo Inbursa, the ad hoc group of bondholders of Offshore Drilling Holdings, Empresas ICA, Banco Nacional de Desenvolvimento Econômico e Social (BNDES), Telecom Argentina, Cablevisión Holding, Petróleos Mexicanos (PEMEX) and Vitro. The firm advised Grupo Inbursa, the Mexican financial services company, on the restructuring of Mossi & Ghisolfi’s debt in Brazil, Mexico and in the Chapter 11 cases brought by US affiliates; this involved obtaining approval of a $100m debtor-in possession financing and the sale of M&G’s US assets through a competitive auction resulting in the court approval of a bid that would pay Inbursa’s $430m secured loan. It also represented IMPSA, the Argentinian power and energy company on the restructuring of some $412m of US dollar-denominated bonds. In yet another headline engagement, it advised Empresas ICA, the largest construction company in Mexico, on its $3.5bn debt restructuring, including $1.2bn in global bond debt. The practice has ‘strong technical skills and the ability to apply those skills to the business issue/problem that needs to be addressed in a timely manner‘, it ‘certainly knows the theory and is practical and solution oriented‘. Richard Cooper is widely acclaimed for his record in Latin America restructurings, including in Brazil, Mexico, Venezuela and Puerto Rico; he has ‘a sharp legal mind, understands business and delivers extremely creative solutions‘. Jorge Juantorena, though perhaps best known for capital markets issuances, is also a key figure in Mexico restructurings such as the $3.5bn restructuring of Empresas ICA, Mexico’s largest construction company. Buenos Aires partner Andrés De La Cruz is another outstanding figure in debt restructurings and new money financings in Argentina and the Southern Cone. Chantal Kordula continues to impress in project finance and other financings in Mexico and other jurisdictions such as Argentina. Adam Brenneman is ‘always someone who adds a lot to the transaction and is a pleasure to work with‘; he is noted for his work in Mexico, Argentina, Chile and Peru, and has a fine record in restructurings, refinancings and new-money financings. Sao Paulo’s Francisco Cestero is also recommended for restructurings, especially in Brazil, particularly where acting for bondholders. Amy Shapiro and Duane McLaughlin provide additional acquisition financing expertise, often in Latin America transactions. Senior attorney Denise Filauro is also highlighted for financings and restructurings in the region. All named individuals are based in New York unless stated otherwise.

United States > Finance > Commercial lending

Cleary Gottlieb Steen & Hamilton is a popular choice among corporate borrowers and private equity sponsors for major cross-border financings. These are often in support of bespoke acquisitions, refinancings and restructurings, and clients benefit from cross-practice expertise in high yield debt and structured products. Other areas of strength include advice to private equity portfolio companies on dividend recapitalizations. Practice head Meme Peponis enjoys a very strong reputation in the market for leveraged loans and high yield bonds. Other key individuals include Duane McLaughlin, Amy Shapiro, and the recently promoted partner Katie Reaves, who regularly advises corporates, private equity sponsors, and portfolio companies. All named lawyers are based in New York.

United States > Finance > Capital markets: high-yield

Cleary Gottlieb Steen & Hamilton has an longstanding reputation for high-yield debt work, with a solid record in cross-border transactions — especially deals involving Latin America. The team utilizes the firm’s robust corporate and finance offerings to strike a balance between advising issuers and underwriters and it stands as a popular choice to advise corporates on their debut high-yield offerings. The New York-based group is also well versed in advising on the high-yield finance aspects of larger, multi-layered corporate transactions. Among the key contacts, David Lopez is highly regarded for his broad corporate finance practice, which spans public and private high-yield debt transactions and corporate governance matters. Craig Brod handles the full range of securities matters, with notable expertise in complex transactions, multi-jurisdictional deals and corporate governance issues. Duane McLaughlin is also recommended for his experience in private equity and Latin America-related work.