Milbank, Tweed, Hadley & Mc Cloy - History

History

Milbank's roots are traced back to 1866, with the inception of the original firm, Anderson, Adams & Young set up in 1866 and then as Murray & Aldrich merged in April 1929, with Webb, Patterson & Hadley to become Murray, Aldrich & Webb. In 1931, the firm merged with Masten & Nichols to become Milbank, Tweed, Hope & Webb. The firm's present name dates from 1962. For decades, the firm's biggest clients were the Rockefeller family and the Chase Manhattan Bank.

The firm was responsible for the legal work on the building of Rockefeller Center, and its offices can still be found in the One Chase Manhattan Plaza. After World War II the firm advised new commercial and industrial developments. Milbank created hedge funds and other investment vehicles for financial clients in the 1960s, 1970s and 1980s, and capitalized on the growth of international business, finance, and technology transactions in the 1990s. Today, Milbank has offices in many of the world's financial centers, including London, Frankfurt, Munich, Tokyo, Singapore, Hong Kong and Beijing, in addition to domestic offices in Los Angeles and Washington, D.C.

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