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GLOBAL FINANCE PARTNER ANDREW CARDONICK JOINS SIDLEY IN CHICAGO

Sidley Austin LLP is pleased to announce that Andrew Cardonick has joined the firm in Chicago as a partner in its Global Finance practice. Mr. Cardonick formerly co-chaired the finance practice at Greenberg Traurig, LLP. He focuses his practice primarily on the representation of commercial banks, business development companies and other nonbank financial institutions, as well as select private equity funds.

Mr. Cardonick advises clients in connection with sponsored and non-sponsored asset-based, cash flow, split lien, unitranche, second lien, and unsecured syndicated, club and single bank credit facilities throughout the U.S. and internationally. He represents lending clients in restructurings and workouts throughout the country. Mr. Cardonick also possesses a broad knowledge of various finance and restructuring topics, including debtor-in-possession financings, cash collateral, substantive consolidation, fraudulent conveyance and other structuring issues.

“Due to significant competitive and regulatory developments within the global finance industry, both traditional and non-traditional lenders are looking for guidance in navigating complex transactions,” said Craig Griffith, member of Sidley’s Executive Committee and its Global Finance practice. “We are pleased to welcome Drew to the firm as his considerable experience, particularly in lending and restructuring, will expand Sidley’s finance capabilities to support our clients engaging in deals within this changing environment.”

With 2,000 lawyers in 20 offices around the globe, Sidley is a premier legal adviser for clients across the spectrum of industries.