Dechert Launches Financial Restructuring Practice in Asia with New Partner Hire

By October 14, 2021 No Comments

Dechert announces today the appointment of Daniel Margulies as a partner in the firm’s global financial restructuring practice based in Hong Kong.

A market-leading lawyer with a wealth of knowledge of the Asian market, Daniel has extensive experience in financial restructuring and insolvency matters, distressed asset sales as well as cross-border and special situation financings. Over the past decade and a half as a key member of market-leading financial restructuring practices in Asia, Mr. Margulies has had significant roles on the largest and most complex corporate defaults and restructurings, acting for debtors, creditors, private equity and hedge fund clients. His appointment to lead the firm’s financial restructuring practice in Asia will expand Dechert’s leading emerging markets restructuring practice and build on the firm’s successes in Asia.

Adam Plainer, co-chair of Dechert’s global financial restructuring practice, commented, “Daniel is a highly talented lawyer with an outstanding reputation, and he brings enormous valuable experience that will contribute significantly to our market-leading financial restructuring offering. His appointment demonstrates Dechert’s ongoing commitment to expand our restructuring capabilities in Asia and globally, which is one of the firm’s strategic growth priorities.” 

David Cho, head of Dechert’s Hong Kong office and Asia co-managing partner, commented, “Daniel is a superb addition to Dechert. His arrival bolsters our growing presence and creates financial restructuring capabilities in Hong Kong and across Asia, enabling us to further enhance our client offerings in this critically important region.”

This latest appointment follows a series of senior hires over the last two years to expand the firm’s global financial restructuring practice, including the appointment of Adam Plainer in London as co-chair of the practice group in March, Kay Morley as a partner in London in July, as well as partners Alastair Goldrein and Solomon J. Noh in London last year. Dechert’s financial restructuring practice is recognised globally for successfully handling high-profile cross-border restructuring and insolvency matters, and innovative deal structuring. Dechert has received several accolades for its leading global restructuring capabilities including awards and acknowledgments from Global Restructuring Review, ChambersThe Legal 500, The American LawyerIFLR Americas Awards, and M&A Advisor.

Dechert’s Hong Kong office serves as an important strategic location for the firm in Asia, as it continues to invest and expand its client offering in the region. In Asia, Dechert offers market-leading expertise across a wide range of areas including capital markets, mergers and acquisitions, litigation, white collar, investigation and compliance, financial services regulation, corporate governance and investment funds. In recent years, Dechert’s Asia capability has been strengthened with the hires of Maria Sit as a partner in its global litigation practice in Hong Kong and Maria Tan Pedersen as a partner in the corporate and securities team in Singapore.