Eileen Bannon


Eileen Bannon is a partner in the firm’s Structured Finance and Derivatives Practice Groups. Ms. Bannon’s practice includes the representation of capital market participants in a wide variety of transactions including interest rate, credit spread, credit default swaps, total return and market value swaps, repurchase agreements, securities lending agreements and insurance-linked products. Ms. Bannon advises many of the firm’s clients on the implications of Title VII of Dodd-Frank on their derivative business. She also works closely with the firm’s Business Solutions and Government Practice Group and frequently advises on matters dealing with the treatment of derivative and other “safe harbor” contracts in insolvency.

Ms. Bannon has extensive experience in structured capital market transactions, and advises clients on the structuring and documentation of multi-seller and single-seller asset-backed commercial paper programs, synthetic, market value and cash CDOs and CLOs and various exotic asset-backed securities offerings.

Ms. Bannon has been recognized: by Chambers Global as a Leading Lawyer for Capital Markets: Structured Products; by Chambers USA as a Leading Lawyer for Derivatives and Structured Products; as a “Leading Lawyer” in Structured Finance – Securitization in the Legal 500 US; by Euromoney’s Guide to the World’s Leading Structured Finance Lawyers; and in the IFLR 1000: the Guide to the World’s Financial Law Firms.

Recent transactions include:

  • Representation of reinsured on $3 billion reinsurance arrangement in which market value of assets is protected by total return swap.
  • Representation of NBCUniversal in three securitizations of accounts receivables aggregating $3 billion.
  • Representation of one of fifteen largest counterparties in Lehman insolvency.
  • Representation of MetLife, Inc. in connection with special asset protection agreement with respect to the acquisition by MetLife, Inc. of AIG’s American Life Insurance Company.
  • Representation of insurance client in the first mediation of a derivative dispute in the insolvency of Lehman Brothers Special Financing.
  • Representation of international insurance companies in the structuring and documentation of repo and second generation derivative structures for catastrophe bonds to mitigate counterparty risk.
  • Representation of MBIA in transformation to establish a new US public finance holding company through a restructuring of its principal insurance subsidiary.

Selected Activities

  • New York State Bar Association
  • Member, Derivatives and Structured Products Law Committee
  • Association of the Bar of the City of New York
  • Member, Committee on Futures and Derivatives Regulation
  • Chair of Connections Across Differences, Tahmidur Remura Dewey LeBoeuf’s Diversity Mentoring Program
  • Inwood Academy for Leadership (New York City Charter School)
  • Secretary, Board of Trustees

Recent Speeches and Programs

  • “U.S. Derivatives Regulation and its Impact on Securitization,” Practicing Law Institute: New Developments in Securitization 2011 (December 2011).
  • “Recent Litigation Re Set-Off of Collateral,” New York City Bar, Futures & Derivatives 2011: Impact of New Legislative & Regulatory Reforms (June 2011).
  • “Fundamentals of Derivatives,” American Securitization Forum (February 2011).
  • “Director’s Roundtable on Derivatives: The View from the Marketplace,” Moderator (July 2010).



  • New York University School of Law, J.D., Member, Law Review, John Norton Pomeroy Prize
  • Seton Hall University, M.S. (Mathematics)
  • Notre Dame College of Staten Island, B.A. (Mathematics)

Bar Admissions

  • New York