Allen & Overy has induced five partners to move to its New York office and join its global finance practice.

All five lawyers specialise in leveraged finance, and their coming to Allen & Overy marks a significant expansion of the firm's market imprint.

Scott Zemser will lead the team, and along with Alan Rockwell and Judah Frogel, who join from White & Case.

Rajani Gupta joins from Proskauer Rose, while Todd Koretzky joins from Milbank Tweed Hadley & McCloy.