Cadwalader, Wickersham & Taft hired Jeffrey Chen for its Hong Kong office as partner. Chen, formerly with Mayer Brown JSM in Hong Kong, will be a part of the capital markets team.
The new hire has advised on many of the headline Asian structured finance deals over the past decade such as Huarong AMC NPLs, Samsung Life RMBS, HKMC's cross-border Korean securitizations, and more recently a slew of complex structured notes and derivatives litigation arising out of the global Lehman bankruptcy proceedings.
Chen is an active participant in several industry associations, including the Asia-Pacific legal and regulatory committee of the International Swaps & Derivatives Association and the China Securitization Forum. He is also a member of the professional advisory board at the Asian Institute of International Financial Law and a faculty of law at The University of Hong Kong.
"Jeff is a highly regarded capital markets lawyer. He brings to Cadwalader extensive knowledge of and experience with complex structured finance products," said Christopher White, Chairman of Cadwalader. "With great talent like Jeff, we continue to develop our full suite of debt, equity and hybrid capital markets services to clients throughout Asia. We look forward to his contributions to the Firm and to Cadwalader's continued growth and success in Asia."
"Jeff is experienced in limited recourse financing structures of all types, including asset-backed loans and asset-backed securities," stated Rocky Lee, head of Cadwalader's Asia practice. "He has pioneered limited recourse receivables financing in mainland China under existing PRC law. I am honored to welcome him to our Office and our Firm," he said.
"Cadwalader will be by far the best platform that I will have ever worked on in my career in structured finance," Chen said. "The firm is absolutely top-tier in this practice area globally, and I am delighted to have the opportunity of spear-heading the firm's structured finance initiatives into Asia."
"Our European capital markets clients with interests in Asia will benefit greatly from Jeff's breadth of experience on the ground in Hong Kong," said Angus Duncan, managing partner of Cadwalader's London office.