U.S. law firm Loeb & Loeb elected two of its partners, Mitchell Nussbaum (above, left) and Arash Khalili, to lead the firm as co-chairs.
A New York-based capital markets attorney, Nussbaum’s practice focuses on representing emerging growth companies and investment banks in initial public offerings of operating companies and SPACs, follow-on public offerings, shelf takedowns, registered direct placements, PIPEs and other private placements, according to the law firm’s website.
Arash Khalili represents both private and public companies, family offices, and high-net-worth individuals, from media, production, sports/eSports, technology, and health and wellness companies to professional athletes, celebrities, public figures, and influencers.
The partners, who are currently co-chairs of the firm’s capital markets and corporate department, will take over on Feb. 5 from current chairman Kenneth Florin. The firm said Florin decided not to seek a third term.
Florin has been chair since 2018. He will continue practicing at the firm.
The incoming leaders, both longtime Loeb & Loeb lawyers, said that the firm historically had a dual leadership structure with two co-chairs, Reuters reports.
The structure will allow the pair to maintain active legal practices and have coverage on both U.S. coasts, said Nussbaum.
Khalili resides in Los Angeles.
The Los Angeles-founded firm has about 450 lawyers across eight offices in the United States and Asia. Read more.