On March 23, 2020, the Federal Reserve Board (the “Fed”) authorized the revival of its Term Asset-Backed Loan Facility (“TALF 2.0”) previously established following the 2008 financial crisis. TALF 2.0 is a credit facility intended to support the asset-backed securities (“ABS”) markets for consumers and businesses by creating a new source of stable funding for investors…
MARY KUAN
PARTNER
Mary Kuan focuses her practice on derivatives, bank debt and financial claims, capital markets transactions and loan financings. She has represented clients regarding bespoke and exotic structured products, fixed income and equity forwards, options, total return and credit default swaps and hedge fund linked products, and has represented hedge funds and investment banks in warrant, convertible bond and other security offerings, loan restructurings and credit agreements. She also represents hedge funds, private equity funds and financial institutions in connection with the purchase and sale of bank debt, both par and distressed, and trade claims.
Practices
About
Mary’s experience in derivatives matters includes advising clients on valuations, close-out, collateral and other issues relating to derivatives with bankrupt or insolvent counterparties or underlying reference entities as well as negotiating and advising regarding prime brokerage arrangements, ISDA master agreements and collateral arrangements, repurchase and stock loan agreements, and exchange-traded futures and options.
Mary’s experience in corporate securities and loans includes advising clients regarding distressed debt and high-yield secondary market trading issues, high-yield and investment grade debt analysis and credit agreement analysis in the context of restructuring for troubled companies, bridge financings, tender offers, consent solicitations, private exchange offers and new offerings.
She has extensive experience representing investment banks, hedge funds, private equity firms and public and private companies in public and private offerings of debt, equity and hybrids, exchange offers for companies pre-bankruptcy, reorganizations and refinancings of existing debt in anticipation of bankruptcy, secondary market trading issues and regulatory, compliance and corporate governance issues for broker dealers and companies.
Education
University of Chicago Law School (J.D., 1999)
Roundtable Law Journal, Articles Editor
University of California at Los Angeles (B.A., summa cum laude, 1996)
Bar Admissions
2000, New York
Languages
Chinese (Mandarin)
Accolades
Phi Beta Kappa
Insights
TALF 2.0: Fed Revives Term Asset-Backed Loan Facility
April 1, 2020Client AlertsThe Force May Be With You: COVID-19 and Force Majeure Provisions
March 31, 2020Client AlertsCOVID-19 has caused major disruption to businesses, commerce and the financial markets. With the CDC and WHO projecting that the coronavirus is only in its early stages in the United States, businesses and individuals may feel the burden of the effects of COVID-19 for the foreseeable future. As the flow of goods and services continues…
Material Corporate Provisions of the CARES Act
March 30, 2020Client AlertsIn response to the recent outbreak of a novel coronavirus, COVID-19, President Trump signed the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) into law on Friday, March 27, 2020. The CARES Act provides (I) unemployment assistance, (II) limits on paid leave requirements that were established in the Families First Coronavirus Response Act…