Clifford Chance‘s derivatives team is praised for its ’commercial and economic aptitude’, which covers the full array of esoteric ad conventional derivatives transactions, which includes note issuance programs, consumer recievables, repurchase facilities, ABCP programs, and others. The team also leverages broad regulatory expertise in the OTC derivatives market, including ISDA protocols, EMIR, MiFID2, and related cross-border compliance. The team is headed by its New York-based partners, including Gareth Old, who is sought after by financial companies, investors, investment managers, funds, and other clients for his repo transactions and derivatives expertise. Lee Askenazi is well-regarded for his experience advising investment funds in derivatives, swaps, and other structured products, and co-heads the team with Darren Littlejohn, who is experienced in OTC derivatives pertaining to loan hedging, equity, credit, repacks and forwards. Alistair Dunlop remains well-regarded for cross-border structured debt deals.
L'éditorial du Legal 500

Témoignages

Collectés indépendamment par l'équipe de recherche du Legal 500.

  • ‘The team has a unique depth and breadth of knowledge especially in the equity derivatives space where they have assisted on various structures. Their commercial and economic aptitude is a differentiating feature when working with them versus other law firms as demonstrating they are not only considering the legal but also the practical/technical nuances in their work.’

  • ‘Dan Shurman and his team has been our key partner and contact, always ready and willing to help -- offering the aforementioned technical and practical awareness and consideration alongside an impressive legal and regulatory knowledge to provide an all-round great offering.’

  • ‘This practice group has high competence, and availability, which is always important for any in-house counsel. Most importantly, the competence is top to bottom. Having the associates, who are the more constant points of contact, also know the practice area is important.’

  • ‘As mentioned, all of the lawyers I work with are competent in the area, not just the partners. Also, they are always available and highly responsive.’

  • ‘Strong track record in the derivatives space; competent and astute fee earners capable of drafting complex deals and providing concise tailored advice; pricing is competitive. Global coverage (in my case UK-US) and strong regulatory practice, which assists derivatives when required, makes my client experience seamless. ’

  • ‘Quick to grasp the issues and provide their view on solutions, particularly US office. in-depth knowledge of the subject matter helps produce concise but well reasoned memos and opinions.’

  • ‘CC's structured finance and derivatives practice is abnormally responsive, comprehensive, diligent, and helpful. They show attention to detail while not being inflexible on items that matter to our customers/clients, and they have a raft of experts on a number of niche topics whose expertise can be translated well to very specific transaction matters. Their billings are also quite reasonable, and a function of the fact their partners are very efficient with their time.'

  • ‘Darren Littlejohn is an extraordinarily versatile and competent partner who understands the business/transaction-level matter of a typical agreement better than some members of the commercial team, is quick to propose reasonable compromises and think on his feet, and can juggle dozens of matters while remaining sharp on the specific issue for each matter that is relevant or salient. He has shown incredible expertise across a number of transaction types, geographies/locations, and counterparty profiles, and has a deep rolodex and the ability to use it within Clifford Chance and externally.'

  • ‘Clifford Chance has a unique ability to provide comprehensive and global legal services that is rare in the marketplace. The team has the ability to bring in specialists in other practice areas and integrate seamlessly with the rest of the client team. Attorneys remain at the forefront of legal and market developments, which means they are knowledgeable about both traditional and innovative structures. They’re adaptive to ever-changing regulatory and industry developments and we can rely on them to be pro-active and knowledgeable in this respect. ’

  • ‘Darren Litlejohn - excellent laywer, excellent understanding of our business and extraordinarily practical. ’

Clients clés

  • Nuveen Alternative Advisors LLC
  • KKR & Co. Inc.
  • New York Life Insurance Company
  • Bayview Asset Management, LLC (Oceanview and Lakeview)
  • A10 Capital, LLC
  • General Catalyst LLC
  • TPG Angelo Gordon
  • Waterfall Asset Management LLC
  • Chimera Investment Corporation
  • Atalaya Capital Management LP

Points forts

  • Advised New York Life Insurance Company and New York Life Insurance and Annuity Corporation as purchasers of US$450 million aggregate principal amount of notes secured by consumer solar, energy storage and energy efficiency home improvement loans.
  • Advised Lakeview Loan Servicing, LLC on the issuance to Bank of America, N.A. of US$500 million in Variable Funding Notes backed by a pool of servicing, corporate and delinquency advance receivables.
  • Advised International Association of Credit Portfolio Management ("IACPM") on responses to the proposed rules finalizing the implementation of the Basel 3.0 capital rules and on responses to the SEC's conflict of interest rules.

Avocats

Responsable de la pratique

Gareth Old; Lee Askenazi; Darren Littlejohn

Autres avocats clés

Alistair Dunlop; Dan Shurman