Practices

Productos Derivados

La influencia de Cleary Gottlieb en los mercados financieros de productos derivados se percibe en todo el mundo. Nuestros abogados en el tema de productos derivados son reconocidos por su solidez en el diseño de técnicas y estrategias innovadoras para cumplir con los objetivos de nuestros clientes. Nuestras ideas ayudaron a crear muchos de los productos derivados que actualmente existen en el mercado. Colaboramos en el desarrollo de swaps de tasas de interés y cambios de moneda a principios de la década de los 80 y, más recientemente, hemos ayudado a crear una variedad de productos derivados, incluyendo derivados vinculados a títulos accionarios, créditos y materias primas. Cleary Gottlieb ha marcado la pauta de la industria con CBOs, CFOs, CLOs, CMOs e instrumentos híbridos sujetos a múltiples esquemas reglamentarios. Nuestras marcas de innovación, tales como el primer REMIC con swaps de tasas de interés ofertado públicamente y los primeros instrumentos híbridos ofertados públicamente vinculados a títulos accionaros, han cambiado el escenario de los mercados de capitales de los EE.UU.

What Others Say About Our Practice

#1 in Derivatives (United States)
The Best Lawyers in America (2010)

“Cleary’s global network and prominence in areas such as derivatives tax, insolvency and securities regulation help its derivatives and structured products practices remain at the cutting edge of market developments. The group has been especially active in advising major derivatives market participants, as well as leading banks and dealers, on Dodd-Frank Act reforms.”
Chambers USA (2011)

“Cleary’s excellence in securities regulation has seen it involved in most of the major developments to affect the market. This has included proposed tax legislation relating to derivatives, analysis of insolvency matters, the establishment of CDS clearing facilities and the launch of the Green Exchange to facilitate the trading of climate-related derivatives. … ‘We use the firm for complex, long-running matters because of its extensive legal and regulatory history.’”
Chambers USA (2010)

“For many commentators, Cleary is ‘the best derivatives shop, period — from equity to credit products, and from securitised to OTC derivatives into futures and commodities, it just has the best continuum of people.’”

“‘They know what goes on behind the scenes, and as products evolve so rapidly they have been great at giving us benchmarking.’”
Chambers Global (2009)

“‘The derivatives market is always producing new rules and products or modifying existing ones -- Cleary is the firm of choice because it is centrally implicated in these developments.’”

“‘Absolutely outstanding and ultra-sophisticated’ . . . among the first to offer an unbroken chain of advice across the world’s financial centres and is now regarded as the leading global capital markets practice.”
Chambers Global (2008)

“For many commentators, Cleary is ‘the best derivatives shop, period. From equity to credit products, from securitized to OTC derivatives into futures and commodities, they just have the best continuum of people’… The team is [also] particularly adept at CLO, CFO and synthetic CDO transactions.”
Chambers USA (2008)

The Volcker Rule Proposal: Challenges, Open Issues and Unintended Consequences
(Updated November 29, 2011)