Joseph L. Noga is a partner in Jenner & Block’s Litigation Department and a member of both the Complex Commercial Litigation Practice and the Financial Transactions Working Group.
Mr. Noga’s practice focuses on the financial services industry with a particular emphasis on lending. He has been lead counsel for four of the 10 largest issuers of credit cards in the United States and handled consumer finance matters relating to mortgage, student, auto and personal loans. The matters include federal and state government investigations, class actions, transactional and advisory work. Increasingly, he is called upon to analyze new financial products and develop a plan to navigate the regulatory thicket. He is well versed in the alphabet soup of consumer statutes and regulations and has done a substantial amount of work regarding privacy, data security, credit reporting, promotional financing, payment processing, payment allocation and bankruptcy.
Mr. Noga also handles disputes arising from commercial transactions. Recent engagements include a $100 million-plus dispute over the preparation of a post-close working capital statement for an industrial business, a billion-dollar dispute over the valuation of a portfolio of consumer loans, a rep-and-warranty dispute arising from presale servicing of a portfolio of student loans, a real estate dispute and a classic lender-liability lawsuit relating to acquisition financing. He regularly handles disputes between retailers and financial institutions regarding private label credit card and other credit programs.
Immediately prior to joining Jenner & Block in 2013, Mr. Noga was the global head of litigation and investigations for a large US financial institution designated systematically important and regulated in whole or part by the Federal Reserve, OCC and FDIC. There he was responsible for litigation and external investigations in over 50 countries and created an internal investigation team that investigated elevated ombudsman, employment and other issues on five continents. He led several other teams and regularly conducted meetings with the Federal Reserve, senior management, auditors and several risk committees, and he presented to a bank board. In a prior role during the financial crisis, he had primary litigation and investigations responsibility for the institution’s consumer finance operations that included what is now Synchrony Financial.
Mr. Noga’s early legal career was in private practice in the New York offices of an international law firm. He is a graduate of Amherst College and Columbia University School of Law.