Bankruptcy Partner Will Be New Chairman at Morrison Foerster
Posted Jul 20, 2012 6:46 AM CDT
By Debra Cassens Weiss
Morrison & Foerster has elected a new chairman to succeed Keith Wetmore.
Larren Nashelsky, who co-chairs the firm’s bankruptcy and restructuring practice, will take over in October when Wetmore’s fourth three-year term ends, report the Recorder, Reuters and a press release.
Nashelsky joined Morrison & Foerster as the firm’s first bankruptcy attorney in 1999 from Weil Gotshal & Manges. He is a graduate of Hofstra University law school and a former firmwide managing partner at MoFo. Wetmore noted in a Recorder interview that Nashelsky managed to build the firm’s bankruptcy practice from the ground up in a tough legal market.
Nashelsky told the Recorder that he plans to be a consensus builder in the same mold as Wetmore. "We both are leaders who listen and take in a lot of information before making a decision," he said. "And when we do, we are confident of the decision."
Wetmore will become chair emeritus at the end of his term. He told Reuters that it was time to move on. “I thought it was time for a new generation of leadership to stir things up a little bit,” he said.