Patrick Clancy > Shearman & Sterling LLP > London, England > Lawyer Profile

At Shearman & Sterling LLP, the derivatives and structured products practice has gone through some changes of late, with former practice head James Duncan moving to Freshfields Bruckhaus Deringer LLP and key partner Leona McManus joining Squire Patton Boggs. The firm nevertheless retains significant expertise thanks to of counsel Patrick Clancy, who is a widely acknowledged expert in both English law derivatives and complex and bespoke structured finance products, and counsel Sara Couling, who is ‘delightful to work with and a great problem solver‘. Couling was a key member of the team that advised Ardagh Group’s treasury team on hedging matters arising from its recent issuance of high yield green notes, as well as many other parts of the company’s complex multibillion-euro financing structure. Clancy recent assisted IFC with derivatives aspects of the $652.3m financing of the Central Termica de Temane power project in Mozambique.