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.
• Cadwalader Practices, Attorneys Featured in 2016 Chambers Global Guide
Mar 23, 2016
• Cadwalader Continues to Dominate Law-Firm Ranking
Jul 25, 2014
• Cadwalader Tops Global CLO Rankings for 2015
Feb 08, 2016
Clients & Friends Memos
• Final Credit Risk Retention Requirements for Asset-Backed Securities Transactions
Oct 30, 2014
• Derivatives Are Not To Blame
Jun 22, 2010
• SFIG ABS Vegas
Jan 21, 2014