In a capital markets environment characterized by rapid change and necessitating innovation, Mr. Noel is sought by U.S. and international issuers, investment banks and financial institutions to provide sophisticated guidance in the most complex transactions.
Annually, he is involved in numerous transactions totaling in the tens of billions of dollars. Clients from a broad range of industries, including health care, real estate, financial services and hospitality, call on him to handle their most important matters. He has extensive experience advising high-technology companies, including Freescale Semiconductor, Inc.; Ten-X, LLC; NVIDIA Corporation; Shopify Inc.; Yahoo! Inc.; Hulu, LLC; SurveyMonkey Inc.; SanDisk Corporation; and EMC Corporation.
He has been involved in more than 100 initial public offerings for U.S. and foreign issuers, including D.E Master Blenders 1753 B.V.; Houlihan Lokey Capital; Pinterest, Inc.; and Shopify Inc., as well as dual-track processes for Arysta LifeScience Limited, Safety-Kleen Systems and Vencore Holding Corp., the latter of which resulted in a merger via a Reverse Morris Trust. He has an active practice representing special purpose acquisition companies (SPACs), with his team advising on more than 95 SPAC IPOs since 2006. Mr. Noel handled the $690 million IPO for Social Capital Hedosophia Holdings Corp., recognized as the top matter in the "Driving Value" category in the Financial Times’ 2017 Innovative Lawyers report.
He also regularly handles the financing aspects of strategic transactions such as mergers, acquisitions, joint ventures and spin-offs. Some of Mr. Noel’s representations include EMC Corporation in its $67 billion acquisition by Dell, Inc.; Hillshire Brands Company in its $8.6 billion unsolicited acquisition by Tyson Foods; Plum Creek Timber Company in its $8.4 billion acquisition by Weyerhaeuser Co.; and SanDisk Corporation in its $19 billion acquisition by Western Digital Corporation. He also has represented clients such as J.C. Penney Corporation, Inc.; Viking Cruises Ltd.; and CF Industries in notes offerings and other transactions.
As co-head of the firm’s real estate investment trusts (REIT) practice, Mr. Noel regularly represents REITs in connection with capital market transactions, including initial public offerings and general corporate matters. He handled one of the largest-ever REIT IPOs — a $1.6 billion offering by Douglas Emmett Inc. — and has represented numerous other REITs including Westfield Corporation and Colony Capital, Inc.
Mr. Noel is listed annually in Chambers Global and Chambers USA, where he is one of only seven attorneys listed in the publication’s prestigious Band 1 for Capital Markets: Debt & Equity, both in California and in the national rankings for the Western United States. He also is annually recognized in The Best Lawyers in America, The Legal 500 U.S., IFLR1000 and The International Who’s Who of Business Lawyers — Capital Markets. He has been named a BTI Client Service All-Star by The BTI Consulting Group.
He has served on the corporations committee and business court committee of the California State Bar and is tapped frequently to speak on securities law matters and other issues and developments of importance to his clients.
To view a list of Mr. Noel's representative transactions, please click here.