Dechert expands with restructuring partner Adam Plainer
Dechert LLP announced that Adam Plainer will be joining the firm’s London office as global co-chair of its financial restructuring group. Plainer is one of the UK’s leading restructuring lawyers, with experience advising debtors, creditors, and insolvency professionals in connection with the most complex cross-border workouts, restructurings, formal insolvencies and distressed M&A. He regularly acts for some of the leading global credit and private equity funds.
Some of Plainer’s most high-profile mandates include acting for the provisional liquidators of The Abraaj Group, the Middle East’s biggest private equity fund; advising global financial services firm Lehman Brothers; advising KPMG as joint administrators in the special administration of global financial derivatives broker MF Global UK; and acting on the restructuring of UK retailer BHS. Plainer is independently recognised as a market leader by International Financial Law Review, and he is a past president of the Insolvency Lawyers’ Association (ILA) and the Turnaround Management Association UK. Plainer’s appointment is a key hire in the strategic growth of Dechert’s global restructuring practice, and follows the 2020 hires of London-based financial restructuring partners Solomon Noh, whose practice focuses on advising sophisticated investment managers in financial restructurings, financings, and M&A; and Alastair Goldrein, who advises creditors, debtors and sponsors in complex international restructurings and insolvencies.
Dechert chair, Andy Levander, said, “Restructuring is a core and expanding practice for us globally. We have been building our team to meet growing client demand and Adam’s appointment will significantly enhance our capability to support our clients in their most challenging restructuring work.”
Allan Brilliant, co-chair of Dechert’s global financial restructuring practice, said, “We are very pleased to welcome Adam to the team. He is a strong strategic fit for us, and his arrival will be transformative for our presence in the European market.” Plainer joins as a partner of Dechert LLP in the U.S., and as a consultant of Dechert LLP in the U.K. pending partnership clearance by the Solicitors Regulation Authority of England and Wales.
