Our areas of focus
Debt finance and capital markets
We represent banks, arrangers, and corporate borrowers in the full range of financing transactions, including syndicated loans, leveraged and acquisition finance, and capital markets offerings. Our team advises on underwriting, credit facilities, and structured lending arrangements, combining transactional and regulatory insight to help clients deploy capital efficiently and manage risk.
We work seamlessly across banking and securities laws to guide clients through public and private debt issuances and the evolving convergence between bank and nonbank credit.
Private credit and alternative lending
We advise private equity sponsors, credit funds, and alternative asset managers as they expand into financial markets traditionally dominated by banks. Our work spans direct lending platforms and other bespoke structures.
We regularly assist clients in developing products and strategies that connect private credit and regulated finance, including structures involving insurance company investors and long-term capital solutions across asset classes. Our team is deeply engaged in the shift toward permanent capital and diversified credit platforms, helping clients build sustainable finance businesses that mirror the evolution of the broader market.
Structured finance and derivatives
Our lawyers advise on securitizations, structured products, and derivatives transactions across a wide range of asset types. We help asset managers, banks, and institutional investors design and execute complex transactions, from whole-business and esoteric securitizations to credit-linked notes and total return swaps.
With decades of experience, we are known for navigating securitization, esoteric assets, asset-backed lending, and specialty finance. Our work spans a broad range of collateral types, including equipment leases, life settlements, litigation funding, structured settlements, merchant cash advances, insurance-related cash flows, music royalties, lottery receivables, digital assets, supply chain finance, and other cash-flow-producing esoteric assets.
We bring deep market knowledge to every aspect of structure, documentation, and regulation, helping clients meet their commercial, tax, and risk-management objectives. We are also at the forefront of next-generation structured products that connect private credit, insurance capital, and institutional investors in innovative funding solutions.
Our multidisciplinary approach and proven track record make us a trusted partner for the most complex and creative structured finance transactions.
Fund finance
We represent lenders and borrowers in capital call, subscription, hybrid, and NAV-based facilities and rated feeder funds. With deep knowledge of fund structures, investor dynamics, and banking regulation, our team helps clients develop innovative financing solutions that reflect current market evolution.
We understand the priorities of banks and sponsors, allowing us to bridge the expectations of institutional lenders and fund managers in a single, integrated practice. Our experience spans emerging products such as continuation funds, hybrid structures, and cross-platform financings that support permanent capital strategies.
Insurance and asset management transactions
We counsel life, property and casualty, and health insurers, asset managers, and sponsors in transactions that integrate insurance balance sheets with private capital strategies. Our lawyers advise on portfolio transfers, reinsurance structures, joint ventures, and investments by or in insurance platforms.
By combining mergers and acquisitions, regulatory, and financing experience, we help clients unlock capital efficiency and execute transactions that align investment, solvency, and growth goals. This work reflects one of the most significant trends in modern finance: the partnership between private capital and insurance balance sheets to drive yield and long-term asset allocation.
Regulation and compliance
We advise on securities, banking, and investment management regulation across jurisdictions. McDermott Will & Schulte is among the few firms that seamlessly integrate experience across all three domains, allowing clients to execute transactions at the intersection of private capital and financial services.
Our lawyers develop practical, business-focused compliance strategies and represent clients in supervisory, enforcement, and policy matters that shape the modern financial marketplace.
Mergers and acquisitions and other strategic transactions
We represent financial institutions, asset managers, FinTech companies, and investors in mergers, acquisitions, strategic partnerships, joint ventures, and other transactions. Our cross-practice team combines deal execution experience with deep regulatory understanding to navigate bank, securities, and insurance approvals.
From cross-border acquisitions to sponsor–bank joint ventures, we deliver comprehensive solutions that balance innovation, compliance, and value creation. We regularly advise on transactions that reshape business models and enable clients to compete on a scale across multiple segments of the financial services industry.
Restructuring
Our financial services litigators and restructuring professionals advise banks, private credit providers, FinTech companies, broker-dealers, and institutional investors in complex disputes, workouts, and cross-border insolvencies. We handle distressed financings, enforcement actions, liability management transactions, and recovery strategies across asset classes and industries. Leveraging deep regulatory and transactional capabilities, we guide clients through every stage of the restructuring lifecycle, from early-stage risk assessment to litigation, resolution, and post-restructuring implementation.
Litigation
We help financial institutions navigate high-stakes disputes with practical, business-minded guidance. Our team understands the pressures of today’s markets and works closely with clients to resolve litigation involving complex financial products, regulatory scrutiny, and commercial challenges. While we always strive to achieve efficient, favorable resolutions through settlement, our team is fully prepared to take cases to trial when necessary to protect your interests. Whether defending against claims, managing investigations, or addressing fast-moving market issues, we focus on delivering effective, strategic outcomes.
Our experience spans a broad range of financial instruments, including:
- Structured currency derivatives
- Structured notes
- Equity derivatives
- Specialty options products
- Credit default swaps
- Commercial mortgage-backed securities
- Collateralized loan obligations
- Collateralized debt obligations