Contacts:
Sharon Lewis, Paris
David Hudd, London
James Doyle, London
Evan Koster, New York

Hogan Lovells has considerable experience in advising on a full range of derivatives and structured products transactions. We advise on the legal and tax implications of OTC and exchange-traded derivatives, including interest rate, currency, credit, equity, commodity, inflation, and other forms of derivatives, as well as on financial instruments with embedded derivatives such as warrants, certificates, credit linked notes, CDOs, and index-linked bonds. In this regard, we advise a number of large investment banks on their structured note programs and on the issuance of complex derivatives with a number of different types of wrappers. We also advise on repurchase agreements and securities lending arrangements. 

Our team works closely with arrangers in structuring and documenting new products and also with derivatives end-users. We are at the forefront of applying derivatives technology to new asset classes, such as alternative risk transfer, insurance finance, energy trading, and the emissions markets. We also have considerable experience in working with our Islamic finance team to develop structured products which are Shariah-compliant.

In response to the crisis facing structured finance vehicles as a result of recent market dislocation, we have developed a leading cross-practice team to address the issues raised by distressed structured products vehicles, particularly in capital markets, restructuring, regulatory, tax, and litigation. In this light, we have been heavily involved with the restructuring of Structured Investment Vehicles (SIVs) worth several billion U.S. dollars and with other structured vehicles, including CLOs and CFOs.

• Barclays Capital
• BNP Paribas
• Crédit Agricole Group
• Fortis Bank SA-NV
• Lloyds Banking Group
• Morgan Stanley
• The Bank of New York Mellon
• The Royal Bank of Scotland
• Standard Chartered Bank