Cadwalader adds Steptoe Securities, leader in corporate governance

  • Philip Khinda Joins Cadwalader’s DC Office After Over Ten Years With Steptoe
  • Pandemic has created “pent-up” enforcement risks, says Khinda

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(Reuters) – Cadwalader, Wickersham & Taft said on Wednesday they brought in a securities litigation lawyer and top corporate adviser in New York and Washington, DC, calling on partner Philip Khinda and leader of Steptoe & Johnson.

Khinda led Steptoe’s corporate governance and crisis management practices and was co-responsible for its securities enforcement practice. He joins Cadwalader as an associate in his white collar defense and investigation group.

“I am thrilled to be a part of something extraordinarily special, to be a part of something that is at the top,” Khinda said, citing the company’s work with major financial institutions.

Former senior legal counsel in the Law Enforcement Division of the Securities and Exchange Commission, Khinda joined Steptoe in 2008 after working at Ropes & Gray.

News organizations in 2015 reported that Khinda was under consideration by the Obama White House to fill one of the expected vacancies created by the departures of then SEC commissioners Daniel Gallagher, a Republican. , and Luis Aguilar, a Democrat. The White House eventually appointed Democrat Lisa Fairfax and Republican Hester Peirce.

During her career, Khinda has represented companies, boards of directors and senior executives in securities investigations and litigation involving Credit Suisse Group AG, JPMorgan Chase & Co, Rite Aid Corp, Enron Corp , Time Warner Inc and Yahoo! Inc.

“With his background in SEC affairs, corporate crises and internal investigations, Phil is the kind of go-to lawyer that leaders of financial institutions, funds and corporations want and need in their life. their team, “said Pat Quinn, managing partner of Cadwalader in a statement. .

A representative for Steptoe did not respond to a request for comment.

Khinda said law firms and their corporate clients are bracing for increased government oversight at state, federal and international levels, adding that there is a lot of “pent-up interest.”

“The government has not interviewed anyone in person for over a year,” he said.

David thomas

David Thomas reports on legal affairs including law firm strategy, hiring, mergers and litigation. He is based in Chicago. He can be reached at [email protected] and on Twitter @ DaveThomas5150.

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