Dennis H. Hranitzky

dennis-hranitzky

Dennis H. Hranitzky

Partner

New York | 1095 Avenue of the Americas, New York, NY 10036-6797
+1 212 641 5647 | +1 212 698 3599

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Dennis H. Hranitzky is co-head of Dechert’s International and Insolvency Litigation group. He concentrates on complex multinational litigation and contentious cross-border insolvency matters. 

A recognized authority on disputes with sovereign states, Mr. Hranitzky also has extensive experience leading creditors’ rights litigation and the multinational enforcement of judgments and arbitral awards — having run enforcement matters spanning more than 15 countries on four continents. His practice is deeply intergrated with Dechert’s bankruptcy and reorganization group. In collaboration with the firm’s international arbitration team, he also regularly advises clients on creating leverage with sovereign counterparties through the threat of investor-state arbitration. Described by clients as “creative and proactive,” Mr. Hranitzky is one of only six individuals recognized by Legal 500 as “Leading Lawyers” in International Litigation in both 2016 and 2017. 

Mr. Hranitzky was co-lead of the Dechert team “highly commended” by the Financial Times in 2014 for its representation of Argentina’s largest creditor – with claims for over US$3 billion–in multinational litigation and judgment enforcement proceedings. Together with Robert Cohen, he was also awarded the Grand Prize for Global Dispute of the year (2016) by The American Lawyer for the Argentina debt default litigation and settlement. In a matter marked by “firsts”, the team led by Mr. Cohen and Mr. Hranitzky obtained the first ruling from a U.S. court that a central bank is the alter ego of its parent state, the first attachment of assets at the Bank for International Settlements in Basel Switzerland, the arrest of the Argentine Naval frigate ARA Libertad in Ghana, an injunction prohibiting Argentina from making payments on its restricted bonds without making ratable payments to holders of its defaulted bonds, and an order piercing the corporate veil between the Panamanian law firm Mossack Fonseca (of Panama Papers fame) and its Nevada affiliate.

Mr. Hranitzky was also a leading member of the Dechert litigation team recognized by the Financial Times as one of the Top U.S. Innovative Law Firms in 2013 for its “standout” work for creditors in the cross-border insolvency of Vitro S.A.B. de C.V. Often called “the case that saved the emerging markets,” this precedent-setting dispute marked the first time the U.S. courts refused to enforce a foreign plan of reorganization. Mr. Hranitzky led the multinational enforcement litigation, managed the interplay between the proceedings in Mexico and the U.S., and played a leading role in the three U.S. bankruptcy trials held in the Vitro case. 

Mr. Hranitzky frequently writes and lectures on sovereign litigation, international litigation and cross-border insolvency, and has been a visiting lecturer on sovereign litigation and insolvency at Stanford Law School and Georgetown University Law School. He is proficient in both Spanish and Portuguese.

Significant Representations

  • Co-lead of the international team representing Argentina’s largest creditor, NML Capital, Ltd., in litigation and judgment enforcement proceedings spanning 11 countries on four continents.
  • Co-lead litigation counsel for an ad hoc group of creditors of Mexican glass manufacturer Vitro S.A.B. de C.V. and its global subsidiaries in litigation and related bankruptcy proceedings in the United States, Mexico and elsewhere. 
  • Lead counsel for a creditor for the Indonesian wood pulp and paper producers PT Lontar and PT Indah Kiat in judgment enforcement, insolvency and scheme of arrangement proceedings in the United States, the United Kingdom, Hong Kong, Singapore and Ontario.
  • Lead counsel for creditors of the Democratic Republic of Congo in an US$100 million lawsuit to recover on defaulted sovereign debt.
  • Lead counsel for an ad hoc group of creditors of Chilean bus operator Inversiones Alsacia, S.A. in litigation and insolvency proceedings in Chile and the United States.
  • Lead counsel to Gater Assets in multinational judgment enforcement proceedings against Moldova and Moldovan instrumentalities AO Moldovagaz and AO Gaznabtranzit.
  • Lead counsel for an ad hoc group of creditors of South African retailer EdCon in potential litigation and insolvency proceedings in the United States, the United Kingdom and South Africa.
  • Lead counsel for a Latin American state in litigation brought in Washington, D.C. to enjoin a US$500 million investment claim from being arbitrated before ICSID.
  • Lead counsel for an affiliate of a New York-based investment fund in litigation to recognize and enforce a US$15 million interest in an arbitral award against the Russian Federation.
  • Representing a Paris-based private equity fund in a dispute relating to its acquisition of a €250 million European parking operations conglomerate, arbitrated before the German Institution of Arbitration in Munich.
  • Representing two plaintiffs engaged in the Argentine sustainable forestry business in a US$35 million environmental lawsuit brought in Delaware against an Argentine natural gas production company.
Education
  • The University of Texas at Austin, B.A., 1991
  • Harvard Law School, J.D., 1994
  • The University of Texas at Austin, B.A., 1991, with Highest Honors, Phi Beta Kappa
Admissions
  • New York
  • Supreme Court of the United States
  • United States District Court for the Northern District of Illinois
  • United States Court of Appeals for the Second Circuit
  • United States District Court for the District of Columbia
  • United States District Court for the Eastern District of New York
  • United States District Court for the Northern District of New York
  • United States Court of Appeals for the Ninth Circuit
  • United States Court of Appeals for the Federal Circuit
  • United States District Court for the Southern District of New York
  • United States Tax Court
Languages
  • Spanish
  • Portuguese
Clerkships
  • United States District Court for the Southern District of Florida, Honorable Daniel T. K. Hurley