Guy Usher, Partner, Derivatives and Structured Finance
I head the derivatives and structured finance group. I have specialised in derivatives for over 20 years. I advise on putting derivatives, committed repo and liquidity lines into complex structured financings (CMBS, RMBS, CDOs, leveraged finance structures) as well as advising on products in credit, equity, fund, commodity and property derivatives, both OTC and exchange-traded. I also provide advice on netting, collateral, defaults, restructurings and central clearing.
I specialise in the financial institutions sector and my clients include global investment banks, broker-dealers, investment managers, hedge funds and other end-users.
I am co-author of the firm’s highly acclaimed Summary of ISDA Legal Opinions on Close-Out Netting and wrote the chapter on ISDA Documentation in the recent book, Practical Derivatives: A Transactional Approach, published by Globe Law and Business. I sit on various ISDA working groups, and regularly speak on derivatives and structured finance at external conferences.
I am described by Legal 500 2014 as 'a great choice for deriviatives work' and "extremely commercial and client focused'
Chambers UK 2015 describes me as "a brilliant derivatives expert, with a broad experience in derivative contracts" and as a "very fine derivatives lawyer"