Ken Ziman to Join Lazard as a Managing Director, Restructuring

NEW YORK--(BUSINESS WIRE)-- Lazard Ltd (NYSE: LAZ) announced today that Ken Ziman will join the firm as a Managing Director, Restructuring, effective March 1. Based in New York, Mr. Ziman was most recently a Deputy Practice Leader of Corporate Restructuring at Skadden.

“Ken is one of the top restructuring attorneys in the industry, having advised companies in distress, and their stakeholders, for the past 25 years,” said David Kurtz, Vice Chairman, U.S. Investment Banking, and Head of Global Restructuring at Lazard. “He will be a strong addition to our global practice, which serves clients with the industry’s most experienced teams of investment bankers and sector specialists.”

“I’ve known and been impressed with many professionals at Lazard for decades. They have a franchise with an ideal and unrivaled global platform to address the complexity of the evolving restructuring business,” said Mr. Ziman. “I look forward to joining the preeminent restructuring team in the financial advisory business and applying the skills I’ve honed over 25 years to a new platform.”

At Skadden, where he was a partner since 2010, Mr. Ziman primarily represented companies in out-of-court restructurings and in-court proceedings, as well as lenders to and investors in troubled companies. Previously, he was a partner at Simpson Thacher & Bartlett and an associate at O’Melveny and Myers. He earned a J.D. from the University of Pennsylvania Law School and a B.A. from Colgate University.

Over the past decade, Lazard has advised on more than 500 restructurings worldwide, with an aggregate value of over $1 trillion, including many of the largest and most complex. In 2015, the firm was global leader in announced and completed restructurings, and was named “Restructuring Advisor of the Year” by International Financing Review magazine. The firm’s professionals combine an extensive knowledge of restructuring strategies with M&A expertise, credit analysis skills, capital markets knowledge, industry expertise and negotiation experience in distressed situations.

About Lazard

Lazard, one of the world’s preeminent financial advisory and asset management firms, operates from 43 cities across 27 countries in North America, Europe, Asia, Australia, Central and South America. With origins dating to 1848, the firm provides advice on mergers and acquisitions, strategic matters, restructuring and capital structure, capital raising and corporate finance, as well as asset management services to corporations, partnerships, institutions, governments and individuals.

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Source: Lazard Ltd

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