Financial Services
Financial institutions are among our largest and most active clients. For more than a century, we have developed a leading global financial services practice, providing a full range of the highest-quality legal services to:
- Commercial banks and finance companies
- Hedge funds, private equity funds and merchant banks
- Insurance companies
- Investment banks and broker-dealers
- Other sources of capital
Practice Segments
Our Financial Services Practice Group is organized around four principal practice segments:
- Banking and Finance
- Capital Markets and M&A
- Insurance
- Regulatory
Expertise
Many of our lawyers have spent their entire careers representing financial institutions, and several have substantial experience serving as officers of leading financial services firms or as banking, insurance or securities regulators. We routinely advise financial institutions around the world on matters regarding:
- Banking and finance
- Capital markets transactions
- Corporate governance
- Derivatives
- Executive compensation
- Internal investigations
- Insurance
- Labor, employment and pensions
- Litigation and dispute resolution
|
- Mergers, acquisitions and dispositions
- Project finance
- Real estate
- Regulatory issues and enforcement
- Restructurings, workouts and bankruptcy/administration
- Securities matters
- Structured finance
- Taxation
|
Our lawyers are located in the world's leading commercial and financial centers. We serve as primary or preferred legal advisors to several leading global financial institutions, as well as many domestic, regional and community focused financial institutions across the world. Our lawyers have successfully represented these clients in numerous groundbreaking business transactions, regulatory matters and in high stakes litigation. Also, we have represented regulatory authorities and governmental agencies in various jurisdictions that provide oversight or serve as sources of liquidity to the financial services sector.
What You Can Expect
Our clients can expect to receive
high-quality, solution-driven professional service. We have always emphasized quality, efficiency and alignment with client goals. We are intently focused on continually improving staffing and pricing models, training and resource optimization, knowledge management and more, all centered on our core focus – delivering value to our clients.
One of our greatest strengths is our fully integrated operating model, which is rare for a law firm and allows us to leverage the full scope of our experience for the benefit of each client. Whether a particular matter involves an entire team of lawyers from multiple jurisdictions working around the clock or a single lawyer working for a single hour, members of our Financial Services Practice Group are equally motivated to provide outstanding results for our clients.
Practice Expertise
Representative Experience
- Representing the lead agent in a US$200 million syndicated revolving credit facility for a US-based insurance holding company.
- Representing an insurance company when one of its insurance brokers left and set up a competing business. The former employee sued for wrongful termination and we cross-claimed on behalf of our client for unfair business practices and the misappropriation of trade secrets. The case was settled in its early stages.
- Representing the lead agent in connection with a US$40 million secured credit facility for the private equity fund purchase of a consumer product distribution company.
- Representing the lead agent in connection with a US$100 million asset-based, syndicated credit facility in conjunction with a US$200 million syndicated term loan facility for retail products company.
- Representing the lead agent in the restructuring of a US$400 million syndicated revolving credit facility (with an accordion option for an additional US$100 million) for a US-based insurance holding company, involving the addition of collateral securing the facility alone and collateral shared with three bond indenture issuances.
- Representing the lead arranger and agent in syndicated secured multicurrency revolving credit and term loan facilities aggregating US$180 million for an international manufacturing group, involving both US and non-US collateral and intercreditor arrangements with simultaneously issued subordinated notes.
- Assisting in the creation of insurance claims litigation and third party administrator back-office operations support services and providing general legal counsel, including insurance and M&A advice, to the insurance services company.
- Acting as borrower's counsel to the largest crude oil processor in the Czech Republic in connection with a US$135 billion loan from a syndicate led by HSBC Investment Bank plc including advising the company on the tender for and selection of the loan arranger.
- Advising a Czech Republic-based company in the acquisition of a Hungary-based detonation company.
- Representing the lead agent in a US$82 million secured credit facility financing for a Midwestern private equity fund’s purchase of a hydraulic system distribution company.
Case Studies
In November 2009, Squire Sanders filed Chapter 11 bankruptcy cases for AmTrust Financial Corporation (now known as AmFin Financial Corporation) and five subsidiaries in Cleveland. AmTrust Financial was the holding company for AmTrust Bank, which was ...
Citizens Property Insurance Corporation, a statutorily created insurer of last resort that provides property and casualty insurance to qualified risks in Florida, needed to enhance its ability to pay claims arising from windstorm and other weather-re...