Practices

Produits dérivés

L’influence de Cleary Gottlieb sur les marchés des produits dérivés financiers se ressent à travers le monde entier. Les avocats du cabinet exerçant une activité de produits dérivés sont reconnus pour leur compétence unique à concevoir des techniques innovantes et des stratégies destinées à réaliser les objectifs de leurs clients. Leurs idées aident à définir de nombreux produits dérivés sur le marché de nos jours. Le cabinet a aidé à développer les taux d’intérêts et les swaps de devises au début des années 80 et, plus récemment, une variété de produits liés au capital, au crédit et aux matières premières. Cleary Gottlieb a défini la direction des tendances du secteur avec les CBO, CFO, CLO, CMO et les instruments hybrides soumis à de multiples régimes réglementaires. Ses marques d’innovation, comme lors des premiers REMIC proposés au public avec des swaps de taux d’intérêts intégrés et les premiers instruments hybrides en capital proposés au public, ont continuellement modifié le paysage américain des marchés de capitaux.

What Others Say About Our Practice

Restructuring Deal of the Year
(Lehman Brothers Chapter 11 proceedings)
International Financial Law Review (2012)

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

“Cleary is universally recognized as a market leader in the derivatives and structured products area. The firm has a highly impressive global reach and makes best use of its complementary capabilities in tax and insolvency. The group has amassed a wealth of collective experience and is held in especially high regard for its role as a regulatory adviser … It provides this cutting-edge counsel to a host of derivatives market participants and financial trade associations … ‘The lawyers deliver the highest level of legal services in the world.’”
Chambers USA (2012)

“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)

Practice News

Robert W. Cook, Former Director of SEC Division of Trading and Markets, Returns to Cleary Gottlieb

Recently Published

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