Morgan Lewis bankruptcy chief moves to Kasowitz spinoff

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  • Former Kasowitz attorneys set up Glenn Agre in early 2021
  • Company hires former Morgan Lewis bankruptcy chief Kurt Mayr

(Reuters) – Glenn Agre Bergman & Fuentes, a law firm set up last year by former partners of New York firm Kasowitz Benson Torres, said on Tuesday it has hired the head of the firm of Morgan, Lewis & Bockius in bankruptcy matters.

Kurt Mayr, who also led the financial restructuring practice at Bracewell, joins Glenn Agre after nearly three years at Morgan Lewis.

Seven Kasowitz associates left to start the small trial business in early 2021, which focuses on bankruptcy, commercial litigation and white-collar work.

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Glenn Agre currently has offices in New York and San Francisco. Mayr said he is based in Connecticut, where the company will assess whether it needs physical office space.

The firm, which now has 25 lawyers, hired its first partner away from a competitor in January, luring Reid Skibell from New York firm Harris St. Laurent & Wechsler. Glenn Agre last month tapped former Katten Muchin Rosenman lawyer Stacy Tecklin to lead his new debt and distressed debt trading practice.

Mayr represented groups of creditors in the debt restructuring of Native American casinos Foxwoods Resort Casino and Mohegan Sun, the company said.

Mayr said a key driver of his time at the smaller firm is that conflicts at larger law firms can become a “significant hurdle.” Beyond that, he said he had worked on significant cases with Glenn Agre’s partner Andrew Glenn in the past.

Glenn, head of the firm’s bankruptcy, restructuring and distressed debt practice, said in a statement that the hiring of Mayr “ideally positions our business for the next round of restructuring.”

While the timing can be hard to predict, Mayr said it could be early 2023.

A Morgan Lewis spokesperson said the company wished Mayr well and said it had a 90-member bankruptcy, restructuring and insolvency practice.

Read more:

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