Scott Sefton Email & Phone Number

Boston, Ma, Us

New York And Tokyo

Capital markets attorney. Coverage areas include: US broker-dealer regulation; US and global financial services regulation; equity and fixed income margin finance; US and international equity and fixed income prime brokerage; hedge funds; trading and financing agreements; funding of the business; securities lending; futures and cleared swaps; ISDA OTC derivatives; repurchase transactions; listed options; OTC swap intermediation; customer protections; collateral arrangements (including tri-party collateral segregation); bankruptcy; netting; counterparty credit risk; default and close out terms; close outs; margin regulation; cross margining; margin methodologies; ERISA; regulatory inquiries; disputes and litigation; and new products.Lead negotiator and advisor on committed term arrangements for prime brokerage, securities lending, ISDA, repurchase and futures transactions. Commitments covered margin rates, loan balances, financing of new positions, financing rates, covering short sales, maintaining short positions, securities lending fees, clearance and settlement, substitution rights, dispute rights and close outs.Based in Tokyo for 18 months. Led the 15-person team that covered ISDA documentation for all derivatives traded in Asia (including interest rate, foreign exchange, equity and credit default swaps).

Boston

Led a team of six lawyers supporting State Street's market leading securities lending business, with $300 billion of cash collateral under management and operations in the US, Europe and Asia. Oversaw the legal team responsible for negotiating securities lending and borrowing agreements, advising on cash collateral investment issues and providing legal support on product development initiatives and operational and compliance matters.

London And Houston

Served in London as General Counsel of Enron's European energy trading and infrastructure businesses, with 1,750 staff and offices in 15 countries. Traded products (derivative and physical) included natural gas, power, oil and coal. Operating power plants were located in England and Germany. Plants were under development in England, Italy, Spain, Turkey, Finland and Russia.Served as General Counsel as the business expanded from operations primarily in England to operations throughout Europe, Russia, Central Asia and Turkey.Successfully built and led the highly regarded 25-person legal team, with attorneys in five offices and three countries (England, Norway and Germany).

Houston

Corporate securities transactional practice with an emphasis on capital markets financings (public and private) and M&A.Completed ten public offerings, representing both issuers and bulge bracket underwriters in debt and equity transactions.Handled several debt and equity private placements, including Reg D and 144A deals.Closed 15 M&A deals, including stock purchase, asset purchase and merger transactions. Drafted and negotiated the acquisition agreements and coordinated the firm's advice on tax, antitrust, ERISA, employment, environmental, real estate and IP issues.Advised on a broad variety of securities law issues, including under the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act and the Investment Company Act.Prepared disclosure documents for public offerings, private placements, proxy solicitations, exchange offers and consent solicitations. Drafted and negotiated a broad variety of agreements, including M&A agreements, underwriting and private placement agreements, stock options, shareholder agreements, employment contracts, non-competes, loan agreements, promissory notes, security agreements, guarantees, indemnity agreements, leases and IP licenses.Organized and operated numerous entities, including corporations, LLCs and partnerships.