Curtis A. Doty

Curtis’ recent transactional experience includes deal-contingent FX hedges related to cross-border private equity acquisitions, currency-indexed loans, hedges of convertible stock positions through total return and conversion ratio swaps, multiparty and other customized give-up agreements related to FX prime brokerage and trading platforms, customized arrangements for collateralizing uncleared derivatives transactions, and balance guaranteed swaps between dealer banks and rated securitization issuers.

In the insolvency area, Curtis advises financial institutions on the insolvency treatment of specialized structures and counterparty types that are beyond the scope of Mayer Brown’s netting and collateral opinions rendered annually to ISDA, including with regard to dealers’ prime services offerings to hedge funds and matters implicating the commodity broker insolvency provisions of the Bankruptcy Code and the CFTC’s Part 190 rules.

Curtis is recognized by Chambers USA and Chambers Global for Capital Markets: Derivatives (Nationwide) and in Chambers’ spotlight table of derivatives regulatory practitioners. Interviewees say Curtis is “very good at balancing his vast technical knowledge of the issues with practical solutions.” The IFLR1000 2022 guide recognizes Curtis as a “Notable Practitioner” for Capital Markets: Derivatives in the United States, previously ranking him as a “Rising Star” in 2021 and 2020.

• Developing and documenting multiparty and other customized give-up agreements related to FX prime brokerage.
• Analysis of the characterization of risk transfer arrangements related to reinsurance as Dodd-Frank Title VII swaps.
• Represented a US securities broker-dealer in the structuring and execution of monetization solutions for institutional clients holding sizable portfolios of auction-rate securities.
• Represented several NYSE and NASDAQ listed issuers in connection with own-share equity derivatives, including accelerated share repurchase transactions, convertible note hedging transactions, registered forward sale agreements and issuer stock lending arrangements.