Banking & Finance Amsterdam. Derivatives. Technical know how, solid pragmatism



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Banking & Finance Amsterdam Derivatives Technical know how, solid pragmatism

Corinne Schot is a highly regarded structured finance and derivatives expert. Legal 500, 2011 The firm provided solutions that were satisfactory to everybody involved. Chambers Europe, 2012

Derivatives In this changing environment you need access to derivatives specialists who combine technical know how with solid pragmatism. The derivatives market has been going through a turbulent time since 2008. It is now subject to intense judicial and regulatory scrutiny. Today s court decisions and legislative responses may have repercussions for years to come. Market participants reassess their approach to counterparty credit risk and the suitability of their documentation. Issues like clearing, collateralisation, funding and dispute management have taken centre stage: More than anything, the financial crisis has shown how interconnected the global financial markets really are. Whichever side of the deal you are on, the Derivatives Team of Baker & McKenzie Amsterdam can support you in navigating this complex landscape. We are advising on all types of derivatives products. We anticipate challenges and deliver market-appropriate solutions. We listen to your objectives and structure the best transaction for your business. Our Services We have extensive experience in advising on documentation for a wide range of derivatives products: Master Agreement Advisory encompassing master agreement and collateral advice and negotiation, closeout netting and enforceability advice; close -out and disputes advice Commodity derivatives including emissions trading, power and metals Credit derivatives Custody, Clearing and Prime Brokerage Equity products Interest rate and currency products Dispute management Repo and Securities lending arrangements Securitisation and loan linked hedging Treasury Risk Management We stay abreast of all developments in your market. Our advice to you will be based on the latest legal documentation and regulatory changes, matching your daily business and any special requirements.

Local Insight, Global Expertise As our client, you will be advised by local derivatives practitioners with deep expertise in derivatives issues and Dutch practices, but with a focus that extends to the regional and international issues affecting your business. We are actively involved in the global Baker & McKenzie derivatives network, which gives you access to globally integrated advice. We cover the world s leading financial centres, as well as emerging markets such as Latin America, China and Russia. Within the global team, we advise clients on the following products: Advisory Services Close-out and insolvency issues in multiple jurisdictions (including some not covered by ISDA legal opinions) Complex credit risk mitigation structures Derivatives related ratings criteria required by major rating agencies Commodity Products Energy price risk management utilising complex commodity transactions Commodity derivatives trading for oil, gold, polypropylene, commodity indexes Trading precious metals in the London precious metals market Credit Products Tailor-made CDS structures Structured credit and fund/ index linked products Convertible asset options First to default structures Emissions Trading ISDA Emissions Allowance Trading documentation Synthetic sale of Emissions Reduction Units Private sector syndicated investment in a CDM project in China Equity Products Equity capped call transaction managing potential dilution of shares Monitisation of emerging markets securities via a structured collateralised equity derivative arrangement Longevity Swaps Structured insurance policy/ longivity swap for UK fund to lay off a percentage of its pension obligations

Our Clients We regularly represent financial institutions, government instrumentalities, housing corporations, multinationals, insurance companies, hedge funds, pension funds and investors. Some of the Dutch recent transactions include: Lehman Brothers Lead counsel to the curators of three Lehman Brothers entities on the unwinding of the derivative portfolios (including the valuation) Social housing corporations Representing several housing corporations in their negotiations with several major financial institutions regarding all contracts relating to the derivatives portfolios Local governments and provinces Advising several local councils and provinces on the structuring of loans, derivatives portfolios and ISDA-contracts Insurance companies and pension funds Representing insurance companies and pension funds in their negotiations regarding all contracts relating to the derivatives portfolios and ISDA contracts Financial institutions Advising several major financial institutions on their derivative contracts and the structuring thereof

Baker & McKenzie has been global since inception. Being global is part of our DNA. Our difference is the way we think, work and behave we combine an instinctively global perspective with a genuinely multicultural approach, enabled by collaborative relationships and yielding practical, innovative advice. Serving our clients with more than 4,000 lawyers in over 40 countries, we have a deep understanding of the culture of business the world over and are able to bring the talent and experience needed to navigate complexity across practices and borders with ease. Visit www.bakermckenzie.nl Our team Corinne Schot Partner Elsbeth Kroeze Senior Associate Hans Schober Associate Leonard van den Ende Junior Associate Soeradj Ramsanjhal Junior Associate Tess Israel Junior Associate Contact persons: Corinne Schot +31 20 551 7415 corinne.schot@bakermckenzie.com Elsbeth Kroeze +31 20 551 7821 elsbeth.kroeze@bakermckenzie.com 2013 Baker & McKenzie. All rights reserved. Baker & McKenzie International is a Swiss Verein with member law firms around the world. In accordance with the common terminology used in professional service organizations, reference to a partner means a person who is a partner, or equivalent, in such a law firm. Similarly, reference to an office means an office of any such law firm. This may qualify as Attorney Advertising requiring notice in some jurisdictions. Prior results do not guarantee a similar outcome.