Financial Institutions and Broker-Dealer/Securities
Our bankruptcy lawyers regularly partner with lawyers in our highly regarded financial services and securities regulatory practices, including lawyers who have held senior positions at the Office of the Comptroller of the Currency, the Department of the Treasury, the Securities and Exchange Commission, and the Commodity Futures Trading Commission.
We counsel banks and other financial institutions, officers and directors of such institutions, and investors in, and creditors of, such institutions, on issues that arise when banks (or bank holding companies) and other financial institutions encounter bankruptcy, insolvency, or receivership situations.
We represent parties in SIPA proceedings and broker-dealer insolvency situations, including broker-dealers, officers and directors, institutional lenders, creditors, customers, and derivatives and other transaction counterparties. We also advise non-US exchanges and clearing houses on the bankruptcy implications of their US activities.
Our firm's substantial experience in addressing issues at the intersection of bankruptcy law and securities and financial services regulation, and our market knowledge, enable us to provide efficient and effective representation in these matters.
Counseled two wholly-owned bank subsidiaries of Lehman Brothers Holdings, Inc. with respect to bankruptcy and regulatory issues arising from the Chapter 11 cases and SIPA proceeding.
Advised US regulatory agency on takeover of Fannie Mae and Freddie Mac, and represented the agency in connection with various litigations and bankruptcy proceedings.
Represented swap counterparties in the Lehman Brothers Chapter 11 cases.
Counseled large US bank regarding claims in FDIC receivership and Chapter 11 bankruptcy cases of Washington Mutual.
Represented a South American bank with respect to substantial debt claims, guarantee claims, and derivatives contract claims.