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Thacher Proffitt Announces New Partner E. Lee Smith

Business Wire, May 14, 2008

NEW YORK -- Thacher Proffitt & Wood LLP announced today that E. Lee Smith has been promoted to partner as of July 1st, resident in the New York, N.Y. office. Currently a counsel with the Firm, Mr. Smith focuses on transactional aspects of commercial lending, loan restructuring and bankruptcy matters. He has been in practice for twenty-two years, including more than a decade of in-house counsel experience with prominent international banks.

Mr. Smith is also an active member of the Firm's Distressed Assets Group and recently was a panelist on the topic of "Opportunities in Distressed Assets" at the Thacher Proffitt Legal Update Seminar in New York, NY.

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Paul D. Tvetenstrand, chairman and managing partner of the Firm stated: "Now more than ever, Lee's experience can be useful to our clients as they navigate the shifting capital markets landscape. We congratulate him on the well earned promotion."

About E. Lee Smith

Mr. Smith represents commercial lenders and borrowers in commercial lending and loan recovery activities including: structuring and documenting new loans by arrangers of syndicated credit facilities for publicly-listed and private company borrowers; traditional full-dominion asset-based lending; cross-border lending; letter of credit financing; business insolvencies and bankruptcies; bankruptcy exit financing; secondary loan trading; and mergers and acquisitions.

Lee also advises parties to mortgage loan warehousing facilities.

Mr. Smith received his J.D. from The State University of New York at Buffalo School of Law in 1985 and his B.A. from St. Lawrence University, cum laude, in 1982. He is admitted to practice in New York, Maine and the U.S. District Courts, Southern and Eastern Districts of New York, and the District of Maine.

Useful Resources

* Distressed Assets Practice Group

* Structured Finance Practice Group

* Bankruptcy Practice Group Bulletin: Bankruptcy Court's First Look at Expanded Laws Protecting Repurchase Agreements

About Thacher Proffitt & Wood LLP

Founded in 1848, Thacher Proffitt has more than 250 attorneys in four locations - New York, NY, Washington, DC, White Plains, NY, and Summit, NJ. We advise clients domestically and internationally on a range of matters involving: banking, bankruptcy, compensation and benefits, corporate and securities, international, litigation and dispute resolution (including subprime), real estate, structured finance, tax, technology and intellectual property, and trusts and estates. Learn more about our creative legal solutions at www.tpw.com, including our industry awards and rankings.

Business Services Industry

Thacher Proffitt Announces New Partner E. Lee Smith

Business Wire, May 14, 2008

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