The struggling Australian surfware company has struck a deal with two private equity groups for over $500 million in financing.
New partners Erica Hartley and Paul Wilson are joining the firm from Herbert Smith Freehills and Minter Ellison, respectively.
Nicholas Miller was previously a partner at Clayton Utz.
Tax and structured finance specialist Shahriar Mofakhami was previously a partner with Melbourne boutique Greenfields.
Structured finance specialist Tom Lennox is joining the U.S. firm from DibbsBarker.
New Perth partners Beth Cubitt and Glen Warwick will launch a construction and projects practice, while Maurice Thompson will head the firm's Australian shipping, trade, and commodities practices.
Sydney partner Alex Regan is joining from King & Wood Mallesons, while Melbourne partners Andrew Stephenson and Michael Earwaker are coming from Clayton Utz.
Tom Cantwell and Michael Down are both joining the Australian firm from DLA Piper.
David Perks was previously a partner with King & Wood Mallesons, where he advised on energy, resources, and infrastructure matters.
The shifting market, a series of departures and leadership changes—in the U.S. as well as Asia—have raised questions about the firm's Asia strategy. But chairman Bradley Butwin insists that O'Melveny's commitment to Asia is as strong as it ever was.