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Revolving doors: Paul Hastings takes three Americas partners from Allen & Overy

Paul Hastings has made a rare move on a UK firm in its own backyard, with news that is to hire a trio of US and Latin America-based partners from Allen & Overy.

The recruits are New York-based Robert Kartheiser, who serves as co-head of A&O’s Latin America practice; capital markets specialist Cathleen McLaughlin, who serves as head of the New York office’s international capital markets group; and banking partner Bruno Soares from A&O’s Sao Paulo office.

Kartheiser specialises in project finance, restructurings and infrastructure development, with a significant focus on emerging markets, particularly Latin America and the energy sector.

McLaughlin’s capital markets experience includes varied transactional and advisory securities transactions relating to SEC-registered and unregistered debt and equity offerings by US Latin American and other foreign issuers. Leading the New York office’s international capital markets group, she founded the Latin American practice and has been focused on building A&O’s finance practice in Latin America.

Located in Sao Paulo, Soares was a partner in A&O’s banking, projects, energy and infrastructure group.

The trio departed the magic circle firm today (6 March) and an A&O spokesperson said: ‘We would like to thank them for their contribution during their time at Allen & Overy and wish them all the best for the future.’

Other major hires by Paul Hastings to its New York office this month include Fried Frank’s co-head of M&A David Shine, as well as Shearman & Sterling M&A partner and co-chair of intellectual property Samuel Waxman.

For the latest on developments in the Manhattan legal market, see our analysis The blessed – unheralded, Wall Street’s elite comes roaring back