Dechert Continues Momentum in Global Finance With Addition of Partner Jon Ruiss

Dechert LLP announced today that Jon Ruiss has joined the firm as a partner in its global finance practice, based in New York. Mr. Ruiss counsels banks, private credit companies and other financial institutions on the purchase, sale and financing of residential and commercial mortgage loans, and his arrival bolsters the firm's residential, loan-on-loan, commercial real estate and single-family rental (SFR) warehouse lending capabilities.

"We continue to build out our global finance platform around the asset classes our clients are most active in, and warehouse lending, mortgage servicing rights and SFR are squarely in that category. Jon's experience adds real depth there and we're excited to welcome him to the firm," said Dave Forti, co-chair of Dechert.

"Jon's bank-side warehouse lending practice, paired with his meaningful borrower-side experience, gives our clients a lawyer who genuinely understands both perspectives on these transactions. Jon knows not only how a facility should be structured, but also how it gets negotiated from either chair," said John Timperio, chair of Dechert's global finance and real estate practice. "This knowledge, combined with his understanding of residential, commercial, loan-on-loan and SFR warehouse facilities, makes him an immediate fit with our existing teams."

Mr. Ruiss counsels investment banks and other financial institutions on the purchase, sale and financing of mortgage loans, including residential, commercial and multifamily assets, mezzanine loans, SFR properties and other mortgage assets. He negotiates a diverse array of financing arrangements, including master repurchase agreements, term loan facilities and syndicated financing, and has experience in residential and commercial mortgage finance and whole-loan purchases. Mr. Ruiss is also a certified public accountant and previously worked as an auditor at a global public accounting firm. He received his J.D. from St. John's University and his B.S. from Villanova University.

"Dechert's global finance team has a unique reputation for sophisticated, cross-asset-class work, and I'm looking forward to contributing to that practice while continuing to serve my existing clients," said Mr. Ruiss.

Mr. Ruiss is among more than 55 lateral partners Dechert has welcomed this year, reflecting the firm's strategic goal of strengthening capabilities across its steeples of excellence in litigation, investment management, finance and restructuring, capital markets and securitization and mergers and acquisitions.

Operating on a cohesive global platform across the world's major money centers, Dechert's global finance practice comprises an interdisciplinary team with experience in ABS securitizations, including esoterics, commercial mortgage-backed securities, CLOs, commercial real estate finance, fund finance, debt finance, leveraged finance, direct lending, private credit, residential mortgage finance, the SFR space, structured credit, credit risk transfers, derivatives and fintech.

With more than 200 lawyers globally, the firm's internationally recognized practice provides clients with innovative deal structuring, creative financing strategies and efficient execution.