Restructuring partner Ned Schodek returns to A&O Shearman

Ned focuses his practice on representing creditors (with a focus on fund clients), ad hoc creditor groups, debtors, acquirers of assets, and other parties in interest in large and complex Chapter 11 cases, including prepackaged, pre-negotiated, and traditional bankruptcies, as well as out-of-court workouts, debtor-in-possession financings, adversary proceedings, and broker-dealer liquidations. Ned also advises financial institutions on the termination and structuring of new derivatives transactions involving distressed entities.

Adam Hakki, co-chair of the global Executive Committee and Board, and U.S. chair at A&O Shearman, said: “We are very pleased that Ned is returning to our firm and to be growing our practice in a priority area. Ned’s deep experience serving hedge funds and CLOs in restructurings, combined with his proven ability to build strong client relationships, will be instrumental as we expand our coverage in the ad hoc creditor group and private credit space.”

Fred Sosnick, global co-head of A&O Shearman’s Restructuring practice, and member of the firm’s Executive Committee, added: “Ned’s appointment highlights the firm's commitment to enhancing our restructuring capabilities both domestically and globally. His track record of success and innovative approach align perfectly with our goals. We are thrilled to have him back on our team and look forward to the significant contributions he will make as we continue to grow and adapt to the changing market dynamics. His insights will be crucial in helping our clients manage risk and capitalize on emerging trends.”

Ned Schodek said: “I am excited to rejoin A&O Shearman and contribute to the next phase of growth for the U.S. Restructuring team, alongside former and new colleagues. The market is undergoing significant transformation, and I look forward to leveraging my experience and network to help the firm deepen its relationships with funds, CLOs, and other private capital providers, in addition to delivering innovative solutions for clients navigating complex restructurings.”

With this hire, A&O Shearman has expanded core practice areas with 18 partner hires since the completion of the A&O Shearman merger on May 1, 2024. The firm has also recently announced the promotion of 33 new partners globally, effective May 1, 2025.

Ned joins A&O Shearman from Schulte Roth & Zabel.