Penelope Jensen Joined O'Melveny as Partner
The veteran attorney moved to the firm to lead bankruptcy and restructuring work in New York City.
Updated on Sept. 24, 2026 in Corporate Finance
Penelope Jensen has joined the law firm O'Melveny as a partner based in New York. She previously held a position at Linklaters before making the transition to her new role.
Why it matters
Her appointment bolsters the firm's legal capabilities in handling complex bankruptcy and restructuring matters. The hire specifically strengthens the firm's representation of lenders, creditors, and financial institutions.
The firm announced the addition of one new partner to its bankruptcy and restructuring practice. This move represents a strategic expansion of their existing financial advisory team.
The players
Penelope Jensen
She is a legal professional who specializes in bankruptcy and restructuring matters.
O'Melveny
It is a prominent global law firm that maintains a significant office presence in New York City.
Linklaters
This is a multinational law firm headquartered in London where Jensen previously practiced.
The details
Jensen brings expertise in distressed-asset sales, where she provides counsel to various bidders. Her work focuses on navigating the insolvency landscape for major financial institutions.
Timeline
O'Melveny announced the hiring of Penelope Jensen on September 24, 2026.
Market Dynamics
This move follows the industry trend of firms poaching veteran talent to build out specialized bankruptcy and insolvency teams in major financial hubs. It highlights the ongoing arms race among top-tier firms to secure legal expertise as corporate restructuring needs remain high.
This hire signifies that O'Melveny is prioritizing its distressed-asset advisory services for institutional clients. Investors and lenders in New York City may see expanded legal options for managing bankruptcy and restructuring portfolios.
The takeaway
The addition of specialized partners often indicates a firm's anticipation of increased activity in specific economic sectors. Businesses facing restructuring should evaluate how such legal shifts impact their own access to high-level advisory talent.
Further reading
For more on industry shifts, visit the Corporate Finance section.
