People

Paul N. Watterson, Jr.

Of Counsel

New York – 919 Third Avenue

Concentrates in structured product and derivative transactions, the formation and representation of credit funds, and capital markets regulation.

Paul is counsel to many participants in the securitization, credit and derivatives markets. He represents underwriters, issuers and managers in structured financings, including collateralized loan obligations (CLOs). He is involved in many structured finance transactions that use credit derivatives, including regulatory capital transactions and repackagings.

Schulte is widely acknowledged as having the nation’s premier investment management practice, and Paul advises many private investment funds on their transactions in derivatives and asset-backed securities, portfolio purchases and sales, and formation of risk retention vehicles. He has also been active in the creation of derivative products that reference hedge funds.

Paul is listed in The Best Lawyers in America, Chambers Global, Chambers USA, Expert Guide to the Best of the Best USA, Expert Guide to the World’s Leading Banking, Finance and Transactional Law Lawyers, The Legal 500 United States (Hall of Fame), New York Super Lawyers and PLC Which Lawyer? Multi-jurisdictional Guide: Capital Markets: Derivatives.

Paul served as a law clerk to the Honorable Leonard I. Garth, U.S. Court of Appeals for the Third Circuit, and then as Assistant to the Mayor of the City of New York.

Referenzmandate
  • Representation of investment funds and dealers in derivative products.
  • Representation of fund managers in the formation of funds.
  • Representation of underwriters, issuers, credit enhancers and investment managers in securitizations (including CLOs and collateralized bond obligations (CBOs)) and structured financings.
Auszeichnungen
  • Best Lawyers in America, Securitization and Structured Finance Law, 2008-2020, 2026
  • Chambers Global
  • Chambers USA, 2006-2018
  • Expert Guide to the Best of the Best USA (Structured Finance and Securitisation)
  • Expert Guide to the World’s Leading Banking, Finance and Transactional Law Lawyers (Capital Markets, Structured Finance and Securitisation)
  • The Legal 500 US, 2008-2017
    • Leading Lawyer, Structured Finance Derivatives and Structured Products
    • Hall of Fame
  • New York Super Lawyers, 2006-2018
  • PLC Which Lawyer? Multi-jurisdictional Guide: Capital Markets: Derivatives, 2012
Organisationen & Mitgliedschaften
  • New York City Bar Association
  • Glynwood Center
Qualifikationen
Ausbildung
  • Harvard Law School, JD, magna cum laude, Harvard Law Review, Editor
  • Princeton University, AB, cum laude
Zulassungen
  • New York
Courts/Agencies
  • Hon. Leonard I. Garth, US Court of Appeals, Third Circuit