Cadwalader, Wickersham & Taft LLP‘s derivatives and structured products practice is a key point of contact for banks, investors, hedge funds, commodity pools, private equity funds, issuers and many other actors for expertise in the full range of asset classes and product types. The team fields heteregenous OTC derivative experience, having previously operated in caps, floors, forwards, swaps, and other options linked to equity, currency, interest rate, income, and other underlying asset classes. Ivan Loncar is a fields a strong track record in unfunded derivatives, such as interest rate and total return swaps, along with funded derivatives such as credit linked notes. He co-heads the team with Lary Stromfeld , who has extensive experience in credit derivatives, swaps and other transactions, along with a strong track record in ISDA and Dodd-Frank regulatory queries. Jed Miller is turned to by clients for his risk transfer expertise. Brian Foster’s practice encompasses OTC trades, forwards, swaps and equity derivatives, while Peter Malyshev is highly active in the cross-border OTC derivative transaction space, including including those involving fintech and digital assets. All lawyers mentioned are in New York.
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Key clients

  • Alternative Reference Rates Committee (ARRC) and Numerous Global Banks
  • Assured Guaranty Corp. and Assured Guaranty Municipal Corp.
  • A number of regional banks and Global Systemically Important Banks (GSIBs)
  • A number of the largest internationally active financial institutions
  • Nearwater Capital
  • A G-SIB
  • Global alternative investment manager
  • A U.S. G-SIB
  • A fintech bank

Work highlights

Represented Assured Guaranty Corp. and Assured Guaranty Municipal Corp. (“Assured”) in connection with the Commonwealth of Puerto Rico’s restructuring of approximately $73 billion of outstanding bond debt, the largest-ever U.S. municipal debt restructuring and the first bankruptcy of any U.S. territory.
Advised a leading alternative investment manager in connection with the first investor-sponsored, SPV-issued CLN referencing corporate loans – $687 million of CLNs referencing a $5.5 billion portfolio of corporate loans owned by one of the 10 largest U.S. banks.

Lawyers

Hall of Fame

The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.

Leading partners

The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.

Brian Foster
Ivan Loncar

Practice head

James Frazier; Ivan Loncar

Other key lawyers

Jed Miller; Brian Foster; Peter Malyshev