, Hong Kong
, 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.
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.
Our team is also involved in issues relating to the new regulatory environment relating to derivatives, Dodd-Frank legislation in the US and the relevant EU directives, including, compliance counseling, disclosure and advocacy relating to the rulemakings. In addition, our team has experience advising clients on issues relating to derivatives related infrastructure, including clearing, data repositories, broker-dealer matter and exchange execution.