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Clifford Chance

31 WEST 52ND STREET, NEW YORK, NY 10019-6131, USA
Tel:
Work +1 212 878 8000
Fax:
Fax +1 212 878 8375
Email:
Web:
www.cliffordchance.com

Gareth Old

Tel:
Work +12128788539
Email:
Clifford Chance

Work Department

Capital Markets, Banking & Finance, Financial Regulation

Position

Gareth Old is a derivatives and structured finance lawyer in New York. His practice concentrates on risk management strategies for banks and financial investors, including cash and synthetic securitisations, derivatives and repo transactions, capital and regulatory advice. His clients include prominent fund and investment managers, banks, investors and service providers.


United States: Finance

Structured finance: derivatives and structured products

Within: Structured finance: derivatives and structured products

The team at Clifford Chance is well placed to advise clients on US and European capital markets regulation, and has experience in novel derivatives transactions, which have recently included insurance-linked swaps and derivatives linked to various securitization structures. A key figure in the practice group is David Felsenthal, who provides ongoing advice to the Securities Industry and Financial Markets Association (SIFMA) on the enforceability of standard form repo and securities lending agreements. Additionally, Felsenthal acts for Deutsche Bank in cross-border contingent forex forward agreements related to M&A, and often advises hedge providers, such as Goldman Sachs, on international project finance transactions. In the insurance space, Gareth Old assisted Premia Reinsurance, Watford Reinsurance and Arca Reinsurance with the creation of trust structures to enable reinsurance trusts to hold and trade derivatives. Also recommended is Lee Askenazi, who specializes in ABS and securitization, and has been involved in significant credit risk transactions. Other key clients include ISDA, Bayview Asset Management, Wells Fargo and Pacific Investment Management Company.

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