With more than 20 years of experience in derivatives and capital markets, Richard Schetman, Co-Chair of the Financial Services Group, focuses his practice on complex financial transactions involving a wide range of asset classes and derivatives.
More specifically, his practice includes (i) derivatives advisory work (primarily related to fixed income and credit derivatives, and index products); (ii) funded derivatives (involving CLNS, repackagings of assets with total return swaps or CDS, fundings involving mortgage-related market value swap agreements, and negative basis swaps); (iii) asset financing structures (repackagings of loans and repo financings); (iv) securitization structures (synthetic, hybrid, and cash CDOs; asset backed commercial paper; CLOs; and restructurings related to the foregoing as well as credit card, auto loan, music royalty, e.g., Bowie Bond, and trade receivable securitizations); and (v) hedge fund investments in ABS and structured products as well as hedge fund derivatives, insurance products, and equity derivatives. He also has extensive expertise in related ERISA, tax, bankruptcy, UCC, and U.S. securities law issues.
A frequent commentator on industry issues, Richard is recognized as a leading lawyer by Chambers USA and Chambers Global, Global Counsel 3000, IFLR 1000 and New York Super Lawyers. The Best Lawyers in America also selected him as a leading lawyer in Derivatives and Futures where clients noted that he has a deep knowledge of the structured products and derivatives practice and is invaluable in providing a real-world assessment of legal issues and risks, and providing practical advice.
A graduate of Brown University, where he earned his B.A., Richard received his J.D., cum laude, from the University of Pennsylvania School of Law, where he was a member of the Moot Court Board. He is admitted to practice in the State of New York and is a member of The Association of the Bar of the City of New York and the American Bar Association.
News & Resources
• Cadwalader Advises Credit Suisse International in Sale of Commodity Transaction Portfolios
Jan 07, 2015
• Cadwalader Named 2014 Americas Derivatives Law Firm of the Year; Ray Shirazi Recognized as Top Derivatives Lawyer
Sep 19, 2014
Clients & Friends Memos
• FERC Grants CAISO Declaratory Order Request and Accepts Reliability Must-Run Agreement
Jan 10, 2013
• Rising Tide: Current Trends in Energy and Commodities Transactions
Apr 29, 2015