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Dechert LLP

2440 W. EL CAMINO REAL, SUITE 700, MOUNTAIN VIEW, CA 94040-1499, USA
Tel:
Work +1 650 813 4800
Fax:
Fax +1 650 813 4848
Web:
www.dechert.com

Top-tier Firm rankings

Firm Rankings


United States

Real estate
Real estate - ranked: tier 2

Dechert LLP

Dechert LLP’s prominence in the debt finance field is exemplified by its work for the Federal Home Loan Mortgage Corporation, for which New York-based Laura Swihart acted on a plethora of matters, including the securitization of $1.18bn of mortgage loans secured by multifamily properties. Other significant lender clients include Bank of America Merrill Lynch, Wells Fargo and Starwood Property Trust, and in another example of work, practice chair Richard Jones, who divides his time between New York and Philadelphia, advised Progress Residential on the origination and securitization of an $875m loan secured by over 8,000 single-family rental properties. Aside from residential, the team was active across a range of other product types and, in one highlight, Philadelphia-based David Forti and Justin Gdula acted for Citigroup Global Markets Realty regarding loans secured by a mix of life science campuses, offices and biomedical research and development facilities relating to Blackstone Group’s take private of BioMed Realty Trust. Forti also represented Rubin Schron in a multi-borrower, multi-property refinancing of three separate nursing home portfolios into a single $1.05bn mortgage/mezzanine financing. Other names to note among the ‘deep bench’ are Hartford-based Laura Ciabarra, San Francisco-based Kahlil Yearwood and Charlotte-based Stewart McQueen.

Next generation lawyers

Kahlil Yearwood - Dechert LLP

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United States: Antitrust

Civil litigation/class actions
Civil litigation/class actions - ranked: tier 2

Dechert LLP

Jointly led by George Gordon in Philadelphia and Michael Weiner in New York, Dechert LLP’s team handles a mix of contested antitrust matters, including merger-related litigation, multi-forum class actions and opt-out cases. Weiner and Paul Friedman are acting as lead trial counsel to Monsanto and its Precision Planting business in litigation initiated by the DOJ challenging Deere & Co’s acquisition of Precision Planting. Paul Denis is another key individual in the team. In recent developments, Steven Bizar joined from Buchanan Ingersoll & Rooney, Ethan Litwin arrived from Hughes Hubbard & Reed LLP and counsel Gregory Luib was a notable hire from the FTC. Outgoing practitioners were Gorav Jindal, who went to Akin Gump Strauss Hauer & Feld LLP, and Carolyn Hazard, who went to Endo Pharmaceuticals. Craig Falls made partner. Named lawyers are based in Washington DC except where otherwise indicated.

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Merger control
Merger control - ranked: tier 1

Dechert LLP

In addition to representing merging entities, Dechert LLP acts for third parties in reviews of, and litigation arising from, high-profile, high-dollar, industry-transforming transactions. Paul Friedman and Michael Weiner, who are based in Washington DC and New York respectively, are acting as lead trial counsel to Monsanto and its Precision Planting equipment business in defending against a DOJ lawsuit seeking to challenge Deere & Co’s proposed $190m acquisition of the latter. In another highlight, Washington DC’s Paul Denis and others acted for GE in the DOJ’s challenge of the proposed $3.3bn sale of GE Appliances to AB Electrolux. American Airlines, Ritchie Brothers, CVS Health and Albertsons are among other clients. Weiner and George Gordon (Philadelphia) jointly lead the team, which also includes recently promoted partner Craig Falls (Washington DC). Ethan Litwin joined in New York from Hughes Hubbard & Reed LLP, Steven Bizar joined in Philadelphia from Buchanan Ingersoll & Rooney, and counsel Gregory Luib joined in Washington DC from the Federal Trade Commission (FTC). Carolyn Hazard departed for Endo Pharmaceuticals.

Leading lawyers

Paul Denis - Dechert LLP

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United States: Dispute resolution

Corporate investigations and white-collar criminal defense
Corporate investigations and white-collar criminal defense - ranked: tier 3

Dechert LLP

In January 2017, Dechert LLP took on ‘fantastic lawyerDavid Kelley from Cahill Gordon & Reindel LLP as its practice group chair. He joins Andrew Levander, Jonathan Streeter and ‘world-class lawyerHector Gonzalez in the New York office. Levander and Gonzales are representing Takata Corporation in numerous high-profile litigation matters and investigations in various jurisdictions, and Levander is representing former MF Global Holdings CEO Jon Corzine in litigation and investigations arising from the company’s bankruptcy. Streeter’s clients include a Chinese national under investigation by the SEC for alleged insider trading. The Washington DC-based Catherine Botticelli has particular expertise in securities-related matters and her clients include First Eagle Investment Management and investment adviser TL Ventures.

Leading lawyers

Andrew Levander - Dechert LLP

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General commercial disputes
General commercial disputes - ranked: tier 2

Dechert LLP

Noted for its ‘exceptional trial skills and experience in large commercial cases’, Dechert LLP is a popular choice for major companies across a myriad of industries. Its ability to handle parallel litigation in multiple forums in the US and abroad is a particular draw. In a recent highlight, Robert Cohen and Dennis Hranitzky in New York worked alongside colleagues in the London and Paris offices to represent NML Capital in litigation and enforcement actions in numerous venues in the US, Europe and Africa concerning defaulted sovereign bonds issued by the Argentine Republic. William Oxley and Christopher Ruhland in Los Angeles are highlighted for their ability to ‘take very complex issues and present their case in a way that is compelling and understandable to a jury’. New York-based Andrew Levander was admitted to the American College of Trial Lawyers in 2016.

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International arbitration
International arbitration - ranked: tier 4

Dechert LLP

Dechert LLP’s ‘growing US international arbitration team’ utilizes its global network of offices to provide comprehensive advice on complex international arbitrations involving businesses and governments worldwide. It also handles a number of ‘bet the company cases’. Recent highlights include acting for the Czech Republic in a UNCITRAL arbitration against WNC Factoring arising from the privatization process of a former Czech state company and representing the country in a UNCITRAL arbitration against WCV World Capital Ventures arising from changes in the regulatory framework for lotteries and gaming. Department co-chair Arif Ali splits his time between Washington DC and London. Alexandre de Gramont is based in Washington DC, while the New York office recently hired John Roesser from Arnold & Porter LLP.

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International litigation
International litigation - ranked: tier 1

Dechert LLP

With ‘deep expertise and extraordinary commercial judgment’, Dechert LLP advises on a range of complex international disputes and is skilled at handling litigation ongoing in several jurisdictions simultaneously, in response to which it can draw on the expertise of its many US litigators and international offices. Recent highlights include representing NML Capital in litigation and parallel enforcement proceedings in the US, UK, France, Switzerland, Belgium, Luxembourg and Ghana to enforce defaulted sovereign bonds issued by the Argentine Republic. The firm also advised an affiliate of Contrarian Capital on judgment enforcement proceedings in four countries and on challenging a scheme of arrangement by the Indonesian Asia Pulp and Paper Group before the English High Court. The firm also advised Marco Lacchini, an Italian national and arbitrator, in a case alleging that he agreed to accept compensation to provide favorable results in two arbitrations for which he was the head of the arbitral panels. The ‘creative and proactiveDennis Hranitzky in New York has a ‘willingness to think outside the box and encourage others to do so’. New York-based Gary Mennitt co-heads the firm’s complex commercial litigation practice, and Andrew Wong in Los Angeles is also recommended. Robert Cohen retired in 2016.

Leading lawyers

Dennis Hranitzky - Dechert LLP

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M&A: litigation: defense
M&A: litigation: defense - ranked: tier 3

Dechert LLP

Dechert LLP is ‘strong in Delaware law and federal securities law’. Linda Goldstein and Chicago-based David Kistenbroker provide ‘good strategic judgment and a pragmatic approach’. New York-based Goldstein and Matthew Larrabee secured victories for Alberstons LLC, Cerberus Capital Management and Safeway, Inc in merger consent proceedings and an appraisal action following Safeway’s $9.4bn merger with Albertsons. Washington DC-based Joshua Hess and Neil Steiner in New York defeated an attempt to enjoin a shareholder vote on the merger between their client VTB Holdings and Parametric Sound. Joni Jacobsen in Chicago is also recommended.

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Product liability, mass tort and class action: consumer products (including tobacco)
Product liability, mass tort and class action: consumer products (including tobacco) - ranked: tier 3

Dechert LLP

Headed by Ben Barnett, Dechert LLP’s practice often represents pharmaceuticals and nutritional supplements manufacturers. In Chicago, Nathan Hoffman continues to serve as trial counsel to Pfizer in Krueger v Wyeth Inc, et al, a consumer class action in which the plaintiff alleges false advertising of certain prescription drugs. In Philadelphia, Hope Freiwald has been defending Bodybuilding.com in a wrongful death claim regarding allegations of a nutritional supplement containing a stimulant that caused the plaintiff’s husband to suffer cardiac arrest. The team includes William Oxley in Los Angeles and Robert Heim and Judy Leone in Philadelphia. David Bernick is now at Paul, Weiss, Rifkind, Wharton & Garrison LLP.

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Product liability, mass tort and class action: pharmaceuticals and medical devices - defense
Product liability, mass tort and class action: pharmaceuticals and medical devices - defense - ranked: tier 2

Dechert LLP

Dechert LLP’s group is often retained by major companies in high-profile trials. In Philadelphia, Robert Heim has been serving as lead appellate counsel to Johnson & Johnson subsidiary Janssen Pharmaceuticals in more than 1,000 personal injury cases filed in Pennsylvania state court alleging the drug Risperdal caused the plaintiffs to develop gynecomastia. Chicago-based Nathan Hoffman has been serving Pfizer as trial counsel in a consumer fraud class action brought before the Southern District of California alleging false advertising of prescription drugs Premarin, Prempro and Premhpase. Ben Barnett leads the practice. David Bernick is now at Paul, Weiss, Rifkind, Wharton & Garrison LLP.

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Product liability, mass tort and class action: toxic tort - defense
Product liability, mass tort and class action: toxic tort - defense - ranked: tier 3

Dechert LLP

Dechert LLP’s department handles asbestos litigation for a broad range of clients. In Chicago, Nathan Hoffman continues to represent Pfizer in ‘apparent manufacturer’ asbestos litigation regarding a subsidiary that Pfizer acquired in 1968. Trial veteran William Oxley in Los Angeles has experience representing large corporations and achieving defense verdicts in high-profile litigation. Ben Barnett heads the practice out of Philadelphia.

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Securities litigation: defense
Securities litigation: defense - ranked: tier 2

Dechert LLP

At Dechert LLP, firm chairman and ‘terrific lawyerAndrew Levander is representing former Hertz Global CEO Mark Frissora in a class action alleging the company made false and misleading financial statements. Global litigation head Matthew Larrabee is respected for cases in the financial services, mutual fund, hedge fund, technology and healthcare industries. David Kistenbroker, who splits his time between New York and Chicago, defended Endocyte against claims the company made false and misleading statements about experimental drug Vynfinit. He also defended Exide Technologies in a $500m case alleging that it concealed the extent of its environmental liability. Also involved in the Endocyte case was the notable Joni Jacobsen. David Kelley, who joined from Cahill Gordon & Reindel LLP and is a former US Attorney, adds significant regulatory enforcement experience. Michael Kichline in Philadelphia is representing Ocean Power Technologies in a consolidated 1934 Act class action. Named attorneys are based in New York unless otherwise stated.

Leading lawyers

Andrew Levander - Dechert LLP

David Kistenbroker - Dechert LLP

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United States: Finance

Capital markets: debt offerings
Capital markets: debt offerings - advice to issuers - ranked: tier 4

Dechert LLP

Dechert LLP handles a high volume of debt deals, with its expertise in life sciences and permanent capital vehicles ensuring much of the group’s work originates from issuers in those spheres. Among its recent highlights, New York-based department co-chair David Rosenthal acted for Egalet in a secured debt offering of up to $80m. In Philadelphia, William Lawlor and Ian Hartman advised Crown Holdings on its €600m private placement of senior unsecured notes and its $400m private placement of senior unsecured notes. In Boston, department co-chair Thomas Friedmann advised Eagle Point Credit on three debt financings, including a $25m notes offering. Philadelphia’s James Lebovitz is also a key contact.

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Capital markets: equity offerings
Capital markets: equity offerings - advice to issuers - ranked: tier 3

Dechert LLP

Capital markets: equity offerings - advice to underwriters - ranked: tier 4

Dechert LLP

Dechert LLP is well known for its specialist experience in life sciences and permanent capital vehicles and it garners a significant volume of deals in these areas, as well as from the healthcare, private equity and financial services sectors. Highlights saw Philadelphia-based senior corporate specialist James Lebovitz advising the underwriters on Advance Accelerator Applications’ $172.5m offering of American depositary shares, and Boston-based department co-chair Thomas Friedmann acting for the underwriters in Monroe Capital’s $48.1m share offering. On the issuer side, Philadelphia-based Stephen Leitzell advised B&G Foods on two public offerings of shares worth a combined $331.9m. In New York, group co-chair David Rosenthal advised Stifel, Nicolaus & Company, as sales agent, on Inovio Pharmaceuticals’ $50m at-the-market equity offering.

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Capital markets: global offerings
Capital markets: global offerings - advice to issuers - ranked: tier 4

Dechert LLP

Capital markets: global offerings - advice to underwriters - ranked: tier 4

Dechert LLP

Dechert LLP is well known for its strong European and Middle Eastern practices, and remains a market leader for capital markets work in the life sciences sector, where it acts for issuers and underwriters. Recent highlights include advising JP Morgan Securities as lead underwriter on the $172.5m public offering of nearly four million American depositary shares by Advanced Accelerator Applications, a French radiopharmaceutical company. On the issuer side, the firm assisted Crown Holdings with its private placement of €600m of senior unsecured notes, and another $400m private placement. The firm has also been involved in several significant listings for clients in the non-regulated lending sector. Thomas Friedmann and David Rosenthal co-chair the team out of Boston and New York respectively.

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Capital markets: high-yield debt offerings
Capital markets: high-yield debt offerings - advice to issuers - ranked: tier 4

Dechert LLP

Dechert LLP sets itself apart through its specialist expertise in life sciences and permanent capital vehicles, especially business development companies. It also has notable experience in advising private equity and venture funds on high-yield offerings; in a recent example, Philadelphia-based Stephen Leitzell assisted Hercules Capital with a $69m notes offering. Thomas Friedmann and David Rosenthal jointly lead the practice from Boston and New York respectively, and the team also includes Richard Goldberg and Howard Kleinman in New York, and Ian Hartman and William Lawlor in Philadelphia.

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Commercial lending
Commercial lending: advice to borrowers - ranked: tier 4

Dechert LLP

Commercial lending: advice to lenders - ranked: tier 4

Dechert LLP

Dechert LLP’s lawyers provide ‘an outstanding level of service; they think holistically about deals, which is important when negotiating transactions that must hold up over time’. The US team is led out of New York by Scott Zimmerman, who also heads the leveraged finance practice globally, and includes well-regarded partners Jeffrey Katz (also in New York) and Philadelphia-based Sarah Gelb. The practice is equally adept at advising borrowers - both private equity houses and corporates - as well as alternative lenders. For lending work, clients single out the ‘personable, knowledgeable and incredibly responsiveJay Alicandri who ‘always fights for the best result’. Highlights included advising Corporate Capital Trust on a $893m financing and acting for Select Medical Corporation on a $400m loan to finance its acquisition of Physiotherapy Associates Holdings. Other clients include ING Capital, Franklin Square Capital Partners and B&G Foods.

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Financial services regulation
Financial services regulation - ranked: tier 6

Dechert LLP

Led by the ‘excellentThomas Vartanian, Dechert LLP’s ‘highly technical and commercial’ Washington DC-based team provides ‘prompt and thorough advice’ on the regulatory issues impacting the asset management industry. As well as providing discrete regulatory advice on core Dodd-Frank provisions, including the Volcker Rule, the firm has also been active advising hedge and private equity funds on investments in and acquisitions of financial institutions and bank holding companies. The team ‘benefits from excellent relationships with the regulators’, which is particularly important in securing the relevant approvals pursuant to financial services M&A. Vartanian recently served as counsel to the US Chamber of Commerce in its amicus brief supporting MetLife in its successful challenge to its designation, by the Financial Stability Oversight Council (FSOC), as a SIFI. If it stands, the ruling will impact the FSOC’s designation authority, as well as the standards of administrative law, by requiring the FSOC to be more rigorous in the analysis it conducts in order to make a valid SIFI designation. Robert Ledig has a niche advising on electronic banking issues. Other recommended practitioners include David Ansell and David Harris.

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Restructuring (including bankruptcy): corporate
Restructuring (including bankruptcy): corporate - ranked: tier 4

Dechert LLP

Dechert LLP is known for its strength on the creditor side and is a go-to firm for parties involved in Latin American restructurings under the leadership of co-head Allan Brilliant. Brilliant is currently representing Peaje Investments, the largest holder of ‘unwrapped’ special revenue bonds issued by the Puerto Rico Highways and Transportation Authority, in all aspects of the authority’s debt restructuring as well as an ad hoc group of noteholders of Brazilian mining company Samarco Mineração in connection with its potential $3.8bn restructuring. The firm, led by Michael Sage, is also representing an ad hoc committee of TerraForm Power noteholders in the structuring, negotiation and documentation of a consent solicitation by TerraForm Power to senior noteholders, a unique matter related to the Chapter 11 proceedings of TerraForm Powers’ controlling shareholder, SunEdison. On the debtor side, the firm is advising RCS Capital and its subsidiaries in connection with various prearranged and pre-packaged plans of organization; Sage led on this matter too. Eric Brunstad is strong on the litigation side and has been drafting briefs for clients in Supreme Court cases; for Daniel Lee Ritz Jr regarding exemptions from discharge under the Bankruptcy Code, and for Tribune Media in its petition regarding the doctrine of equitable mootness. Sage co-heads the team with Brilliant and has been leading the representation of the ad hoc noteholder group of senior secured lien notes issued by Modular Space in negotiations to restructure the company.

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Structured finance
Structured finance - ranked: tier 2

Dechert LLP

The structured finance team at Dechert LLP is deeply experienced in the ABS and CMBS spaces, has an active CLO practice, and also aids clients in the development of risk-retention-compliant structures. The team receives a continuous flow of work from the Federal Home Loan Mortgage Corporation (Freddie Mac), with Laura Swihart and Devin Swaney advising the client on approximately $30bn of issuances in 2016. Practice chair Richard Jones acted for Wells Fargo in what was the largest commercial real estate transaction since the financial crisis - an agreement to purchase $9bn of CRE loans in the US, the UK and Canada from GE Capital Real Estate. Working as underwriters’ counsel, Malcolm Dorris advised Citigroup Global Markets and a consortium of other banks on a $1.3bn sub-prime auto loan securitization, serviced by AmeriCredit Financial Services. Sean Solis and Charlotte-based John Timperio advised Apollo on unique structures to accommodate both US and EU risk retention requirements, and also negotiated an innovative CLO reset transaction for Apollo Credit Management, subsequently transforming the three-year-old deal into a new transaction with all new debt investors.

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United States: Industry focus

Healthcare: life sciences
Healthcare: life sciences - ranked: tier 4

Dechert LLP

Antitrust specialist George Gordon and corporate partner David Schulman jointly head the global life sciences practice at Dechert LLP, which excels in the corporate and litigation space, as well as in IP counseling and litigation. Endo Pharmaceutical is a key client of the group; in 2016, Gordon led a team of antitrust litigators in Federal Trade Commission v. Endo Pharmaceuticals Inc, et al, in which he defended Endo Pharmaceuticals in the Federal Trade Commission’s challenge to an agreement by the drug manufacturer not to develop an authorized generic drug. Patent litigator Martin Black secured a victory in the District of Delaware against seven manufacturers of generic drugs for the infringement of an additional patent from its Opana ER tablets, which it has exclusively licensed from Mallinckrodt. Other notable mandates included advising Celgene on its $2.6bn collaboration with Jounce Therapeutics to co-develop and commercialize JTX-2011, a preclinical agent being developed to treat tumors, and assisting Janssen Pharmaceutica with the sale of five anesthesia and pain management injectable products to the UK healthcare unit of Indian conglomerate Piramal Enterprises. Capital markets specialist Kristopher Brown is noted for ‘the strength of his client relationships’, and patent attorney and litigator Andrea Reid’s advice is ‘thoughtful and thorough’. Tony Chan is also highly recommended. All individuals mentioned above are based in Philadelphia, New York and Boston.

Next generation lawyers

Tony Chan - Dechert LLP

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United States: Intellectual property

Trademarks: non-contentious (including prosecution, portfolio management and licensing)
Trademarks: non-contentious (including prosecution, portfolio management and licensing) - ranked: tier 2

Dechert LLP

Dechert LLP’s ‘very good’ team handles trademark clearance, registration and enforcement for several longstanding clients in a variety of industries. A highlight was handling prosecution and enforcement work for several Swiss luxury watch brands, including Breitling, Ebel and TAG Heuer. The team has also been assisting The Ivy League with the prosecution and enforcement of its brand, including actions against several apparel producers, and it has represented Apple in several opposition and cancelation proceedings before the TTAB. Other clients include Aetna, DirecTV, Towers Watson and Zara. Practice head Glenn Gundersen in Philadelphia is highly regarded.

Leading lawyers

Glenn Gundersen - Dechert LLP

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United States: Investment fund formation and management

Alternative/hedge funds
Alternative/hedge funds - ranked: tier 3

Dechert LLP

Well known for its advice to asset managers, Dechert LLP’s ‘tremendous group’ attracts praise for its ‘broad bench strength’. The firm advises a range of clients, including major sponsors and the asset management arms of major banks, on the full range of matters, and also advises ERISA-regulated LPs on their investments. Matthew Kerfoot (who is ‘a dynamic talent - he takes an issue and comes up with an innovative set of solutions’) is advising a leading international alternative asset manager on its entry to the American market. David Vaughan, who is noted for his knowledge of algorithmic trading issues, and George Mazin, whose work includes high-level regulatory matters, lead the team. New additions to the practice include Timothy Spangler, who joined the firm’s Orange County office from Sidley Austin LLP and is advising a manager on the launch of a new activist fund, and Russel Perkins, who joined from Schulte Roth & Zabel LLP. Unless otherwise stated, named attorneys are located in New York.

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Mutual/registered funds
Mutual/registered funds - ranked: tier 1

Dechert LLP

Dechert LLP fields ‘a very accessible team that provides prompt, thoughtful and accurate responses’, and which attracts praise for its strength in depth: according to clients, ‘partners are practical and solutions-oriented’ while ‘its sizable team of associates is able to handle large projects with very good response times’. Washington DC-based Douglas Dick, whose clients include managers and broker-dealers, recently assisted a registered adviser with a corporate restructuring. In New York, Stuart Strauss and Allison Fumai (who are ‘extremely knowledgeable about ’40 Act funds and consistently provide timely, accurate advice’) act for a number of well-known ETF sponsors. Robert Helm in Washington DC heads the team along with Boston-based Christopher Harvey. Washington DC-based Adam Teufel was promoted to partner.

Leading lawyers

Robert Helm - Dechert LLP

Next generation lawyers

Allison Fumai - Dechert LLP

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United States: Labor and employment

Employee benefits and executive compensation (transactions)
Employee benefits and executive compensation (transactions) - ranked: tier 3

Dechert LLP

Dechert LLP’s attorneys are ‘among the brightest lights and always appropriately aggressive’ and represent clients in both private and public M&A transactions. Led by Andrew Oringer in New York and the Philadelphia-based David Jones, the practice acted for clients such as Monster, B&G and Credit Suisse in 2016. Eric Rubin, who works with Jones in Philadelphia, advised GIC - the sovereign wealth fund established by the government of Singapore - on the acquisition, alongside Silver Lake, of a substantial stake in Ancestry.com.

Leading lawyers

Andrew Oringer - Dechert LLP

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United States: M&A/corporate and commercial

M&A: large deals ($1bn+)
M&A: large deals ($1bn+) - ranked: tier 5

Dechert LLP

Dechert LLP cemented its impressive standing in cross-border transactions with a series of impressive deals during 2016. The team’s ‘overall level of service is very high’ and individual lawyers are ‘very well informed’, ‘very responsive’, ‘take the initiative’ and ‘think like business people’. It is highly acclaimed for financial services, life sciences and healthcare transactions, as well as contested deals, and the firm’s notable experience in the hedge fund world makes it especially well positioned for activist situations. Private equity continues to be pivotal to the success of the wider corporate practice. Established clients include Amkor Technology, B&G Foods, Celgene, CIT Group, Johnson & Johnson and Select Medical. New clients include CIFC, Diffusion Pharmaceuticals, Doosan Infracore and Lisi Medical. It advised EGS, a One Equity Partners portfolio company, on its acquisition by Alorica, a global customer relationship management services company. The firm also advised the special committee of independent directors of Nasdaq-listed Steiner Leisure on the $925m sale of the company to private equity house Catterton Partners. Mark Thierfelder is chair of the firm’s corporate and securities group, chair of the global private equity practice and leads many of the firm’s most challenging transactions. Other key partners include Jonathan Kim, Derek Winokur, Christian Matarese and Markus Bolsinger, who is ‘a trusted adviser’ and ‘takes the time to understand a client’s business and motivations before undertaking any way’. Howard Kleinman is ‘extremely well informed and connected in Latin America’. In Philadelphia, Henry Nassau, William Lawlor, Carmen Romano and Geraldine Sinatra are key names. All named attorneys are based in New York unless stated otherwise.

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Private equity buyouts
Private equity buyouts - ranked: tier 4

Dechert LLP

Dechert LLP provides ‘excellent insight and analysis with great response times’, ‘a high-quality service’ and has ‘very good business acumen at a reasonable price’. The firm has continued to expand its private equity team globally, most notably in London and Hong Kong. This has helped the firm to consolidate its position in the US, where is has assembled an enviable client list of names such as Bregal Partners, Centre Partners Management, Cerberus Capital Management, Court Square Capital Partners, GIC, Graham Partners, Quilvest Private Equity and Versa Capital Management. It advised GIC on its acquisition of a substantial equity stake, along with Silver Lake, in Ancestry.com. It also advised Cerberus on the $1.25bn sale of real estate interests in nine acute care hospitals operated by Steward Health Care System to Medical Properties Trust. Mark Thierfelder is chair of the global private equity practice and classed by clients as a ‘world-class M&A lawyer’ and ‘exceptional strategist’. Markus Bolsinger, a recruit from Kirkland & Ellis LLP in 2015, ‘thinks really well on his feet’, ‘negotiates hard for his client but picks the right points that are the most important’ and ‘identifies the most creative solution to get the deal done’. Christian Matarese is a ‘great all-round young M&A partner’. Derek Winokur is also recommended by clients and in Philadelphia Geraldine Sinatra and CEO Henry Nassau are key members of the private equity team. All named partners are based in New York unless stated otherwise.

Next generation lawyers

Christian Matarese - Dechert LLP

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United States: Tax

International tax
International tax - ranked: tier 3

Dechert LLP

At Dechert LLP, New York-based head of international tax Daniel Dunn advised Singapore sovereign wealth fund GIC on the joint acquisition with Silver Lake Partners of a substantial equity stake in Ancestry.com from existing equity holders, at an enterprise value of approximately $2.6bn, while Washington DC-based Michael Rufkahr acted for Bank of America Merrill Lynch Large Loan, Merrill Lynch, Pierce, Fenner & Smith, and Bank of America in connection with the securitization of a single commercial mortgage loan secured by the related borrowers’ fee and additional leasehold interests. Adrienne Baker in Boston regularly advises governments, trade associations, commercial banks, investment funds, investment advisers and multinational asset managers on the new Foreign Account Tax Compliance Act rules as well as sponsors on the formation of private equity funds.

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US taxes: non-contentious
US taxes: non-contentious - ranked: tier 5

Dechert LLP

Dechert LLP’s tax practice is led by New York-based Daniel Dunn, who advised GIC on jointly acquiring (together with Silver Lake Partners) a substantial equity stake in Ancestry for $2.6bn. In another key mandate, Michael Rufkahr led the team advising Bank of America and others in relation to the securitization of a commercial mortgage loan secured by the related borrower’s fee and leasehold interest in a Class A office tower in Boston.

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Further information on Dechert LLP

Please choose from this list to view details of what we say about Dechert LLP in other jurisdictions.

United Arab Emirates

Offices in Dubai

Belgium

Offices in Brussels

China

Offices in Beijing

Germany

Offices in Munich, Frankfurt, and Bonn

France

Offices in Paris

Georgia

Offices in Tbilisi

Hong Kong

Offices in Hong Kong

Latin America: International firms

Ireland

Offices in Dublin

Kazakhstan

Offices in Almaty

London

Offices in London

Luxembourg

Offices in Luxembourg

Russia

Offices in Moscow

Singapore

Offices in Singapore

South Korea

United States

Offices in Charlotte, Orange County, San Francisco, Washington DC, Princeton, New York, Hartford, Boston, Philadelphia, Silicon Valley, Austin, Chicago, and Los Angeles

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