Skadden has added two partners from Paul Hastings to strengthen its private credit and restructuring capabilities, bringing Scott Heard to New York and welcoming Matthew Murphy back to the firm in Chicago.
Heard joins Skadden to lead the firm’s private credit practice within its Finance Group. Based in New York, he advises private credit lenders and other financial institutions on a range of complex financing transactions, including acquisition financings, asset-backed and cash flow loans, recapitalizations and special situations financings.
Murphy rejoins Skadden’s Corporate Restructuring Group in Chicago, where he will advise distressed companies, creditors, lenders, hedge funds, and asset managers on insolvency-related matters and liability management exercises. His experience spans capital structure management, out-of-court restructurings, Chapter 11 proceedings, distressed asset acquisitions, and post-petition financing.
The two attorneys previously worked closely together at Paul Hastings, providing integrated legal support on complex debt financing transactions. Their arrival reflects Skadden’s effort to deepen its capabilities in private credit and restructuring as demand grows for sophisticated financing and restructuring strategies.
Heard earned his J.D. from the State University of New York at Buffalo Law School and a B.S. from the State University of New York at Buffalo. Murphy earned his J.D. from the University of Michigan Law School and his B.A. from the University of Michigan.
KEY QUOTES
“Scott’s proven track record of advising lenders and alternative capital sources combined with Matt’s experience handling high-profile restructurings will further enhance our ability to deliver creative, effective full-scale solutions to clients navigating complex financial challenges. They join us at an exciting time of strategic growth for the firm, and we are thrilled to welcome them.”
Jeremy London — Executive Partner, Skadden
“Skadden’s Finance Group is an industry leader in high-stakes deals and offers an outstanding platform to expand my work in private credit transactions. I am excited to join such a talented team and look forward to collaborating with Matt and my new colleagues to achieve exceptional results for our clients. Together, we will continue to support their needs through every stage of the financing process.”
Scott A. Heard — Partner, Skadden
“I am honored to rejoin Skadden’s renowned restructuring group. The firm’s commitment to excellence and its collaborative culture are unmatched, and I am grateful for the opportunity to work alongside such esteemed colleagues as we help clients address their most difficult challenges.”
Matthew M. Murphy — Partner, Skadden
