Dechert has announced today that Solomon J. Noh joins the firm’s financial restructuring practice as a partner based in London. Mr. Noh joins from the London office of Shearman and Sterling.
Mr. Noh represents sophisticated investment managers in financial restructurings, financings, and mergers and acquisitions. In particular, Mr. Noh has had leading roles, on the creditor side, in many of the largest bank restructurings in Europe over the past decade, as well as in restructurings of companies located in emerging markets. While Mr. Noh is based in London, he often takes on prominent roles in U.S. Chapter 11 cases. Recently, he represented a consortium of hedge funds in their bid to acquire multi-billion dollar claims against a prominent Chapter 11 debtor.
Dechert’s Chair, Andrew Levander, said, “Solomon’s extensive experience and his focus on European and emerging markets will strengthen Dechert’s market-leading global restructuring capability, enhancing our ability to provide best-in-class restructuring advice to clients, and we are pleased to welcome him to the firm.”
Gus Black, Chairman of Dechert’s London Management Committee, added, “Solomon’s deep experience with investment funds, banks and other financial services companies makes him a strong strategic fit for our business. His appointment will enhance our client offering in London and globally.”
Commenting on his move, Solomon J. Noh said, “Dechert has an enviable client base including asset management firms, hedge funds and private equity businesses, which aligns perfectly with my own practice. I am delighted to be joining Dechert’s outstanding restructuring practice.”
Dechert’s financial restructuring practice is highly respected around the world for handling high-profile, complex cross-border restructuring and insolvency matters, for its innovative deal structuring, and for its court victories in London, the U.S. and other international jurisdictions on behalf of clients. For example, in a recent landmark UK case between creditor Franklin Templeton Investment Management and the International Bank of Azerbaijan, Dechert succeeded in upholding a fundamental principle of English law that protects creditors against foreign debt proceedings. For its work on the matter, Dechert was named “Insolvency and Restructuring Litigation Team of the Year” in the UK at Legal Week’s Commercial Litigation & Arbitration Awards 2019. Dechert is recognized by Global Restructuring Review as having one of the 30 best financial restructuring groups in the world and also by The Legal 500 and Chambers Partners as one of the leading cross-border restructuring and insolvency practices. In addition, the group’s work on specific restructurings has recently earned the global team “Deal of the Year” awards from GRR Awards, Latin Finance, IFLR Americas Awards and M&A Advisor amongst others.
Mr. Noh joins as a partner of Dechert LLP U.S., and as a consultant of Dechert LLP U.K. pending partnership clearance by the Solicitors Regulation Authority of England and Wales.
