Taft Forms Business Recovery Solutions Team to Help Clients Navigate Market Disruption

Taft Forms Business Recovery Solutions Team to Help Clients Navigate Market
Disruption

CINCINNATI, Oct. 23 /PRNewswire/ -- In response to the significant
pressures created by the 2008 market disruption and the resulting
uncertainties in the global economy, Taft Stettinius & Hollister LLP announced
today that it has formed a Business Recovery Solutions Team to assist clients
in navigating the complex and evolving financial and regulatory environment
(www.taftlaw.com/solutionsteam). The team is composed of an integrated group
of senior attorneys from across the firm's Business and Finance, Tax,
Bankruptcy, Restructuring and Creditors' Rights, and Litigation departments,
including attorneys from its White Collar Criminal Litigation and Real Estate
practice areas.
"This is a multi-faceted, complex financial crisis, so we created an
integrated team of attorneys who can provide responsive, comprehensive legal
advice in the broad range of areas that the market disruption has affected,"
said Robert J. Hicks, who, together with Jeffrey S. Schloemer, was tapped to
lead the team. Hicks and Schloemer are both partners in Taft's Business &
Finance Department and Hicks is Partner-in-Charge of Taft's Indianapolis
office. "Our focus when building the team was to use Taft's broad range of
experiences and core competencies to select and organize the right small group
of attorneys to be on the front line, assisting our clients," said Schloemer.
The goals of the Business Recovery Solutions Team are to:
-- Keep abreast of legislative, regulatory and market developments
relating to the 2008 market disruption and its outgrowths, and to help clients
understand how these changes will affect them. The firm has created a new Web
branch that summarizes key features of recent legislation and provides a
centralized location for federal, state and local agency information, as well
as relevant news articles at www.taftlaw.com/solutionsteam.
-- Work together as a team to develop innovative and effective solutions
and strategies to help Taft's clients anticipate and proactively manage the
challenges that lie ahead, including raising capital, restructuring credit
facilities, pursuing strategic transactions and relationships, responding to
governmental investigations, and all other similar matters affecting clients.
-- Evaluate and respond to legislative and regulatory proposals designed
to address the 2008 market disruption and help Taft's clients craft cost-
effective best practices for complying with new regulations.
Members of Taft's Business Recovery Solutions Team were selected based on
their legal expertise in dealing with troubled businesses and crisis
management, strategic investments, joint ventures, restructurings and
workouts, mergers and acquisitions, navigating government regulations, and
responding to regulatory reforms in such fields as banking, securities, tax
and employee benefits, complex commercial litigation (including class actions
regarding securities fraud and fiduciary duties), white collar criminal
matters (including defense of claims as well as internal, grand jury and
governmental investigations), corporate governance, public and corporate
finance, and executive compensation.
Taft Business Recovery Solutions Team members are:

Attorney Taft Office Practice Group

Jerald I. Ancel Indianapolis Business
Restructuring
& Creditor
Rights

Kevin D. Barnes Cleveland Banking &
Institutional
Finance

Jackie M. Bennett, Jr. Indianapolis White Collar
Litigation

Christopher A. Deabler Cincinnati Mergers &
Acquisitions

Edward D. Diller Cincinnati Real Property

W. Stuart Dornette Cincinnati Securities
Litigation

Robert J. Hicks Indianapolis Mergers &
Acquisitions
and Corporate
Finance

Eric R. Johnson Indianapolis Mergers &
Acquisitions

Ralph W. Kohnen Cincinnati White Collar
Litigation

Michael Andrew Laing Cincinnati Employee
Benefits &
Executive
Compensation

Bruce J. L. Lowe Cleveland Business
Restructuring
& Creditor
Rights

Arthur F. McMahon III Cincinnati Securities -
Corporate and
Corporate
Governance

Timothy Miller Cincinnati Business
Restructuring
& Creditor
Rights

Patrick J. Mitchell Cincinnati Employee
Benefits &
Executive
Compensation

Timothy P. Nagy Columbus Mergers &
Acquisitions

F. Anthony Paganelli Indianapolis White Collar
Litigation

Richard Rivitz Cleveland Corporate
Finance and
Corporate
Governance

Jeffrey S. Schloemer Cincinnati Banking &
Institutional
Finance

Melvin S. Shotten Cincinnati Banking &
Institutional
Finance

James A. Strain Indianapolis Corporate
Governance and
Securities -
Corporate

Hugh E. Wall Dayton Corporate
Governance

"Taft has a track record of more than 123 years of helping our clients
manage their businesses through every type of economic climate," said Thomas
Terp, Taft's Managing Partner. "With this new team, we're better prepared to
help them weather this economic storm and come out on the other side stronger
for it."
About Taft
At Taft Stettinius & Hollister LLP, delivering outstanding legal
performance to help clients succeed is what drives and motivates its more than
400 attorneys and legal professionals every day. Taft has offices in
Cincinnati, Cleveland, Columbus and Dayton, Ohio; Indianapolis, Indiana;
Northern Kentucky; Phoenix, Arizona; and Beijing, China. The firm practices
across a wide range of industries, in virtually every area of law, including:
Business and Finance, Litigation, Labor and Employment, Intellectual Property,
Bankruptcy, Restructuring and Creditors' Rights, Environmental, Health and
Life Sciences; Personal Services; Real Estate and Tax law. With a proven track
record of experience since 1885, Taft offers breadth and depth of legal
expertise coupled with a trusted business perspective, helping its clients,
big and small, regionally, nationally and internationally, in reaching their
goals. To learn more, visit www.taftlaw.com.
SOURCE Taft Stettinius & Hollister LLP

Ann McDonough of Taft Stettinius & Hollister LLP, +1-513-357-9414,
mcdonough@taftlaw.com