Candace M. Pallone is a Counsel in our Structured Products group, specializing in derivatives. Her practice area focuses on structured products, securitizations and covered bonds transactions.
For the past five years, Ms. Pallone has acted on behalf of nine Canadian Schedule I Banks as well as many of their corporate clients and global bank counterparties. She has extensive experience in all aspects of OTC derivative transactions, including the collateralization of such transactions, for all asset classes including credit, fixed income, interest rate, commodity, foreign exchange and equity. Her recent transactions include working extensively on behalf of five of Canada's Schedule I Banks in connection with the restructuring of the Canadian non-bank sponsored asset-backed commercial paper market, acting for Canadian bank issuers in connection with the swap-related aspects of covered bond transactions and assisting a clearing corporation in amending its membership rules to permit the clearing of repo transactions.
Prior to joining McCarthy Tétrault in 2006, Ms. Pallone was senior counsel with Royal Bank of Canada's Capital Markets Transactions Services Group. While at the Bank, Ms. Pallone provided legal support to the trading desks and to the operations and risk management groups in all aspects of derivative and capital markets transactions for 9 years.
Ms. Pallone is a frequent speaker at conferences and courses on derivatives and collateral issues, most recently at the Canadian Institute's 6th Advanced Forum on Derivatives. She also appears in the 2011 edition of the Canadian Legal Lexpert Directory, a guide to the leading law firms and practitioners in Canada, as a leading lawyer in the area of derivatives law. She is also listed in The Best Lawyers in Canada 2012 in the area of derivatives law.
Ms. Pallone holds a BA in Accounting and an LLB from Osgoode Hall Law School. She is also a Chartered Accountant (1988) and was with Deloitte and Touche from 1984 to 1989.