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Dechert LLP has recruited Leonard Klingbaum and Jennifer Harris as partners, creating a new Cross-Disciplinary Capital Solutions Team that consolidates the firm's capabilities in special situations finance, liability management, and distressed capital markets.
The announcement, made from New York on June 29, 2026, positions Dechert to compete on the full arc of stressed and distressed credit work, from early-stage liability management through restructuring execution.
The Lateral Hires Both Klingbaum and Harris arrive with established practices in the same specialized corner of the capital markets.
The source describes them as leading practitioners across special situations finance, liability management, and distressed capital markets — three areas that increasingly overlap as companies reach for out-of-court solutions before formal restructuring proceedings become necessary.
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