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Fried Frank financial institutions team decamp to Dechert

Editorial Staff

International law firm Dechert LLP have announced that Thomas P. Vartanian, David L. Ansell, and Robert H. Ledig have joined the firm as partners in the Washington, D.C. office. All three were previously partners at Fried, Frank, Harris, Shriver & Jacobson LLP, where Vartanian served as chairman of the Financial Institutions Transaction Group.

Vartanian, Ansell, and Ledig have worked together for more than 25 years counselling commercial and investment banks, holding companies, housing-orientated government-sponsored enterprises (GSEs), broker-dealers, private equity investors, hedge funds, credit unions, technology companies, state governmental entities, and financial trade associations.

Vartanian advises clients in the financial services industry in a wide variety of matters, including mergers and acquisitions and private equity transactions; reorganisations, recapitalisations, and acquisitions of distressed banks; purchases from the FDIC as receiver for failed institutions; and matters involving government-sponsored enterprises (GSEs). Vartanian previously served as General Counsel of the Federal Home Loan Bank Board and the Federal Savings and Loan Insurance Corporation. He is a graduate of Cathedral College (B.A., 1971) and Brooklyn Law School (J.D., 1976) and is a member of the New York and the District of Columbia Bars. He is also admitted to practise before the Supreme Court of the United States.

Ansell advises financial services companies on the formation and execution of complex corporate transactions, particularly with regard to bank regulatory matters. He has significant experience in matters pending before the federal bank regulatory agencies, including the Federal Deposit Insurance Corporation, the Federal Reserve Board, the Federal Housing Finance Board, the Office of Thrift Supervision, and the Comptroller of the Currency, where he previously served as an attorney focusing on regulatory, legislative, and securities issues. Ansell is a graduate of the Wharton School of the University of Pennsylvania (B.S., 1976) and Temple University School of Law (J.D., 1979). He is a member of the District of Columbia and Pennsylvania Bars and is admitted to practise before the Supreme Court of the United States.

"We have known and admired them for more than two decades as three of the leading banking regulatory lawyers in the business," said Robert W. Helm, the Washington, D.C.-based head of Dechert's Financial Services Practice and deputy chairman for international activities.