Overview

Julia Lu is a partner in the firm's Corporate Practice. Drawing on her background in securities offerings and her previous experience as the acting chief operating officer of a trading desk, Julia focuses her practice on derivatives, distressed debt and structured credit markets. She advises clients in transactional and regulatory aspects of their trading businesses, and collaborates with them to formulate strategic, pragmatic legal solutions to complex trading and risk management issues.  more +

Julia focuses her derivatives practice on total return swaps, credit default swaps, credit- and equity-linked notes, equity swaps and options, and other derivatives transactions, and the application of the new U.S. legislative and regulatory regimes pertaining to these transactions. She has substantial experience handling a variety of derivatives transactions based on secured and unsecured loans and other debt instruments in North America, Europe and Asia. 

Due to her expertise in the credit derivatives product, Julia has been nominated as a potential pool member to be called upon to conduct external reviews of the determinations made by the International Swaps and Derivatives Association Credit Derivatives Determinations Committee. 

In her distressed debt trading and special situations practice, Julia collaborates with her clients – leading broker-dealers and hedge funds – to formulate policies and procedures, and to structure and document transactions, in trading bank loans, insolvency claims, post-reorganization equities and other distressed assets. She also helps clients to formulate strategic approaches to special situations trading and investment opportunities in the distressed markets.

Julia combines her expertise in bank loans, securities and derivatives in her structured credit practice, advising clients in financing transactions relating to loans and securities, whether these transactions take the form of structured loans, total return swaps, credit-linked notes or otherwise.

Julia is a frequent speaker on derivatives and financial claims trading at industry conferences. In addition, Julia serves as a director on the board of Rega Capital Dynamic Value Fund, a Hong Kong-based hedge fund.

In 2006, Julia worked at Goldman Sachs as the Chief Operating Officer of the Bank Loan Syndication and Trading Desk as a secondee.

Julia is admitted to practice in New York and California.

Experience

  • A leading investment bank in making structured loans collateralized by distressed loans, bonds and related swaps.
  • Leading broker-dealers in structuring and documenting loan total return swap programs and in resolving significant trading disputes using bespoke total return swaps.
  • An ISDA member in submitting to the Credit Derivatives Determinations Committee External Review Panel a winning brief regarding the "failure to pay" credit event of credit default swaps referencing Caesars Entertainment Operating Company, Inc.
  • Leading broker-dealer and buy-side institutions in the trading and investing of billions of dollars of insolvency claims against Lehman Brothers in the U.S., Europe and Asia. 
  • The Loan Syndications and Trading Association in connection with its lobbying efforts relating to the impact of Dodd-Frank Wall Street Reform and Consumer Protection Act on the loan and loan derivatives markets.
  • A leading broker-dealer and end-users in bespoke tranched portfolio loan credit default swap transactions.
  • ISDA, the LSTA and industry working groups in collaborative efforts in designing and documenting the standard North American and European loan credit default swap products.
  • A broker-dealer working group in designing the framework used for loan settlement into credit default swaps in conjunction with the ISDA “Big Bang” protocol.
  • A leading broker-dealer in the structuring and drafting of market-standard documentation in trading liquidation trust units. 

Honors & Awards

Recipient, Legal Aid Society’s Pro Bono Award, 2000

Professional & Community Affiliations

Independent Director, Rega Capital Dynamic Value Fund

News

Presentations

Publications

Practice Areas
Education
  • Albany Law School, Union University, J.D., summa cum laude, 1998
  • China University of Political Science and Law, L.L.B., 1995
Bar & Court Admissions
  • New York
  • California
Languages
  • Mandarin Chinese