John “Jack” Wm. Butler Jr., a former cohead of the corporate restructuring practice at Skadden, Arps, Slate, Meagher & Flom, will leave the Am Law 100 firm’s Chicago office on May 1 to become an executive vice president at Hilco Global, a financial services shop specializing in distressed investments.
Hilco announced Butler’s hire in an internal memo released publicly on Wednesday. The company, whose private equity arm evaluates struggling assets and helps troubled clients liquidate their inventory, has several lawyers in its executive tier.
