We have extensive experience in a wide range of derivatives and structured products, from highly-tailored, one-off structures, to high-volume "plain vanilla" swaps. We have acquired this expertise in a wide variety of transactions and from all perspectives – representing swap dealers, hedge funds and other end-users, investors, issuers and underwriters. What differentiates us from other law firms is our breadth and depth of industry knowledge and risk management practices.  We excel at helping clients understand and negotiate the best deal possible, no matter how complex or innovative the deal structure might be. We have the expertise to advise on the tax, insolvency, securities, commodities, banking, ERISA, and investment company laws affecting these transactions, including the provisions in the Dodd-Frank Wall Street Reform and Consumer Protection Act, and the compliance requirements for swaps markets that are emerging in CFTC and SEC regulatory proposals. Our high level of commercial awareness and industry knowledge gives us the ability to find solutions that get the deal done at a reasonable cost. Our clients benefit from our expertise in the legal mechanics of trading, financing and resolving the disputes involved in complex transactions. 

Our knowledge extends to derivatives (both OTC and exchange-traded products, as well as  clearing arrangements) for interest rates, currencies, credit, equities (including indices and funds), debt, energy or other commodities, or exotics such as weather and property, as well as swaps in securitization transactions and other investment vehicles, futures, options, collars, and participation agreements. For our clients who have in-house lawyers to staff most of their transactions, we handle documentation overflows cost-effectively and save our clients the time and expense of hiring temp agencies or adding permanent headcount.

Representative Experience

For a large foreign-based global bank, we negotiated hundreds of ISDA master agreements, swap participation agreements, and netting and collateral arrangements. We also performed an extensive forensic analysis of the bank's potential liabilities and rights and remedies under numerous market-value and other mortgage securitization related derivatives products, which involved bankruptcy concerns and innovative risk management techniques.

Innovative Risk Management for Foreign-Based Global Bank