Eileen Bannon is a partner in the firm's Structured Finance and Derivatives Practice Groups. Ms. Bannon has extensive experience in structured capital market transactions, derivatives, asset-backed commercial paper programs and public and private securities offerings. Ms. Bannon's securitization experience dates to the inception of the market, and she has played a leading role in the development of a number of structured capital markets products, in particular, those such as catastrophe bonds and synthetic CDOs which require knowledge of structured finance techniques and derivatives technology. Ms. Bannon's practice includes representing financial institutions and end-users in various types of derivatives transactions, including credit, equity, total return, market value and insurance-linked products. Ms. Bannon represents many of the firm's clients who have derivative or securities lending exposure to Lehman entities, and advises on the treatment of such "safe harbor" contracts in insolvency. Ms. Bannon has been recognized: by Chambers Global as a Leading Lawyer for Capital Markets: Structured Products; by Chambers USA as a Leading Lawyer for Derivatives and Structured Products; as a "Leading Lawyer" in Structured Finance - Securitization in the Legal 500 US; by Euromoney's Guide to the World's Leading Structured Finance Lawyers; and in the IFLR 1000: the Guide to the World's Financial Law Firms. Representative Matters · Representation of NBCUniversal in three securitizations of accounts receivable in connection with acquisition by Comcast aggregating $3 billion. · Representation of one of fifteen largest counterparties in Lehman insolvency. · Representation of MetLife, Inc. in connection with special asset protection agreement with respect to the acquisition by MetLife, Inc. of AIG's American Life Insurance Company. · Representation of insurance client in the first mediation of a derivative dispute in the insolvency of Lehman Brothers Special Financing. · Representation of international insurance companies in the structuring and documentation of repo and second generation derivative structures for catastrophe bonds to mitigate counterparty risk. · Representation of MBIA in transformation to establish a new US public finance holding company through a restructuring of its principal insurance subsidiary. · Representation of issuer and collateral manager with respect to $3 billion fully-funded facility permitting flexibility to finance senior tranche through commercial paper, fully-supported extendible notes or term notes. · Representation of issuer and dealers with respect to $8.5 billion dealer floor plan backed single-seller commercial paper program. Selected Activities · New York State Bar Association
- Member, Derivatives and Structured Products Law Committee · Association of the Bar of the City of New York
- Member, Committee on Futures and Derivatives Regulation · Chair of Connections Across Differences, Dewey & LeBoeuf's Diversity Mentoring Program · Inwood Academy for Leadership (New York City Charter School)
- Secretary, Board of Trustees Recent Speeches and Programs · "Recent Litigation Re Set-Off of Collateral," New York City Bar, Futures & Derivatives 2011: Impact of New Legislative & Regulatory Reforms (June 2011). · "Fundamentals of Derivatives," American Securitization Forum (February 2011). · "Director's Roundtable on Derivatives: The View from the Marketplace," Moderator (July 2010). Industries Insurance Industry |