Jennifer Grady, Richards Kibbe & Orbe attorney photo

Jennifer K. Grady

F:  917.344.8893

Overview

Jennifer Grady is the managing partner of RK&O and leads the firm’s Executive Committee. As one of a remarkably small number of female managing partners, Ms. Grady is regularly recognized as a leader in the field.

Ms. Grady represents investment banks, broker-dealers, funds and other financial institutions in connection with derivatives transactions, distressed debt and bankruptcy claims trading and financing transactions.

Ms. Grady’s derivatives practice focuses on credit derivative transactions, including loan credit default swaps, loan and claim total return swaps and traditional credit default swaps in North America, Europe and Asia, as well as the negotiation of ISDA master agreements, prime brokerage agreements and related collateral support documentation. She has advised multiple dealer and buy-side clients in connection with the negotiation of total return swaps referencing US and non-US loans and bankruptcy claims, and regularly advises clients regarding the evolving regulatory treatment of derivative transaction referencing loans and claims. more +

Ms. Grady also represents investment banks and buy-side clients in connection with the purchase and sale of US and non-US loans, bankruptcy claims and other distressed assets. Ms. Grady began her RK&O career in the firm’s Distressed Debt group, where she gained substantial experience in transactions involving par and distressed bank debt in the U.S. and European secondary loan markets. She also played a critical role in creating the documentation, standards and customs adopted by the entire secondary loan trading marketplace.

Ms. Grady has leveraged her experience in the secondary loan market to help expand the firm’s robust lending practice, and has worked on multiple financing facilities secured by solar renewable energy credits.

Experience

  • Represented investment bank providing ABL facilities to hedge funds secured by consumer marketplace loans.
  • Represented global investment bank in connection with multiple credit facilities secured by solar renewable energy credits.
  • Represented multiple buy-side clients in connection with the purchase and restructuring of loans and interest rate swap claims against Indiana Toll Road and other distressed infrastructure projects.
  • Represented The Royal Bank of Scotland in sales of two loan portfolios totaling more than $42b to Mizuho Financial Group of Japan.
  • Appointed by Markit Group Limited to coordinate RK&O’s duties as the “Designated Law Firm” to perform successor Reference Entity analyses under the North American loan credit default swap product.
  • Represented The Loan Syndications and Trading Association in connection with comment letter submissions and related efforts relating to the treatment of loan participations and loan derivative transactions under the Dodd-Frank Wall Street Reform and Consumer Protection Act.
  • Represents multiple broker-dealer and hedge fund clients in the structuring and negotiation of total return swap master confirmation agreements referencing loans and bankruptcy claims.
  • Represented the industry-wide working group that developed and drafted the documentation governing all standard U.S. loan credit default swap transactions.
  • Represented the International Swaps and Derivatives Association, Inc. in connection with the development of the U.S. loan credit default swap tranched and untranched index products.
  • Represented the Loan Syndications and Trading Association in connection with the development and publication of a User’s Guide for the physical settlement of U.S. loan credit default swap transactions, and the development of initiatives to address structural and settlement issues arising in connection with total return swaps on bank loans.

Honors & Awards

  • Named to Crain's New York Business inaugural list of Leading Women Lawyers (2017)
  • Recognized as a Woman Worth Watching by Diversity Journal (2015)
  • Selected as a Rising Star by The New York Law Journal (2014)  

News

Presentations

Publications

Practice Areas
Education
  • Harvard Law School, J.D., cum laude, 1999
  • Wellesley College, B.A., magna cum laude, 1995
Bar & Court Admissions
  • New York