US firm Milbank Tweed hires new head of litigation
Milbank, Tweed, Hadley & McCloy has hired a new head of its litigation department, welcoming George Canellos back to the firm after he stepped down from a top enforcement job at the Securities and Exchange Commission.
Canellos has previously served as the SEC enforcement co-chief, and also as a federal prosecutor, and his resignation in January has generated much speculation as to what his next move might be.
Mr. Canellos was a partner at Milbank, Tweed, Hadley & McCloy between 2003 and 2009. He and Milbank Chairman Scott Edelman had been junior associates together at Wachtell, Lipton, Rosen & Katz years ago.