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Sean Connery is a partner with the firm's Corporate practice. He represents corporate trust companies and departments of major banking institutions. He has represented corporate trust clients in a wide range of capital markets transactions including corporate and municipal debt issuances, project finance, structured finance, loan facilities, secured and asset-backed lending, custodial arrangements and various types of agency appointments.
Sean’s experience also includes representing corporate trust clients in their capacity as trustee or agent in connection with bond and loan default scenarios, Chapter 11 and 7 bankruptcy proceedings and commercial litigation. He has also developed a particular focus on advising clients in connection with restructuring and litigation preparedness and avoidance issues arising under complex commercial transactions.
Experience Record
Enforced repurchase obligations of originators, depositors and sellers of mortgage loans in residential mortgage-backed securitizations, including serving as general corporate counsel to a corporate trust client in connection with initiating and prosecuting litigation against an RMBS sponsor at the direction of RMBS certificate investors.
Advised corporate trust clients with respect to structured finance related case law developments and the possible implications thereof.
Analyzed and responded to requests and litigation threats by investors of bonds and trust certificates.
Analyzed the implications of the bankruptcy filings of a major investment bank and its related entities in connection with collateralized debt obligations, mortgage-backed securities and financial derivatives (including interest rate swaps and credit default swaps).
Filed proofs of claim and protected the rights of certificate holders of mortgage-backed securitizations and collateralized debt obligations in which bankrupt entities owe potential obligations to holders, including obtaining bankruptcy court approval of settlement protocol amounts relating to an originator’s repurchase obligations to a mortgage-backed securitization trust.
Considered the implications of a counterparty’s bankruptcy on financial derivatives (including interest rate swaps and credit default swaps) and any obligations of a trustee that may arise in relation thereto.
Professional Recognition
- Listed in Super Lawyers as a "Rising Star," 2014 - 2020
Professional Leadership
- Structured Finance Industry Group, Blockchain Task Force, Member
Community Involvement
- Rebuilding Together NYC, Board Member
Related Employment
- Pryor Cashman LLP, New York, NY, Associate, 2005 - 2012
