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Latham & Watkins LLP

Witold Balaban

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Latham & Watkins LLP

Position

Witold Balaban is a partner in the New York office of Latham & Watkins. Mr. Balaban is global Co-chair of the firm's Capital Markets Practice and the firm's Financial Institutions Industry Group, and is a member of the Corporate Department and Derivatives Practice. He focuses in particular on equity derivatives and equity-linked products, including convertible and exchangeable bond offerings (both optional and mandatory) and related equity derivatives products (such as call spread overlays and issuer or affiliate borrow facilities), fixed and variable share forward sales and related equity offerings, issuer share repurchase transactions, hedging and monetization transactions (including equity-based finance transactions) and structured products distributed publicly and privately.


United States: Finance

Capital markets: equity offerings

Within: Capital markets: equity offerings

Strong in all areas’, Latham & Watkins LLP has a ‘broad and deep team’ which is noted for its ‘specialist “big game” experience’. The already sizeable practice increased significantly in 2016, following the hires of Washington DC-based counsel Paul Dudek (formerly chief of the SEC’s office of international corporate finance) and New York-based Michael Benjamin (from Shearman & Sterling LLP). The firm continues to garner roles on some of the most high-profile equity deals to hit the market. Most notably, New York-based global co-chair Witold Balaban teamed up with Courtenay Myers and the Hong Kong office to advise the underwriters on SoftBank’s issuance of $5.5bn mandatory exchangeable trust securities, convertible into Alibaba shares in three years. On the issuer side, New York-based global corporate chair and ‘leader in his fieldMarc Jaffe and New York-based Ian Schuman assisted Camping World Holdings with its $250m IPO. Chicago’s Cathy Birkeland is also recommended. Kirk Davenport retired in 2016.

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Capital markets: global offerings

Within: Capital markets: global offerings

Latham & Watkins LLP continues to make a major impression on the global capital markets, with US-based lawyers regularly working alongside market-leading practices in key regions such as Asia and Europe (the firm has the leading high-yield practice in London). The US team has continued to expand through several high-profile recruits; most notably, New York’s Michael Benjamin from Shearman & Sterling LLP and Washington DC’s, Paul Dudek, who was previously chief of the Office of International Corporate Finance at the SEC. The firm’s deal list was similarly impressive, with advice to Morgan Stanley, Deutsche Bank, Mizuho and Goldman Sachs as underwriters during Softbank’s issue of $5.5bn mandatory exchangeable trust securities convertible into Alibaba shares in three years. New York partners Ian Schuman and Witold Balaban jointly chair the global team with Cathy Birkeland in Chicago.

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