Seth Grosshandler

Practice Areas

Seth Grosshandler’s practice focuses on financial institutions, derivative products, securities transactions, secured transactions, and structured finance.

As an instrumental player in the development of the “safe harbor” provisions of the Bankruptcy Code, the Federal Deposit Insurance Act and Orderly Liquidation Authority, Seth is regarded as a preeminent practitioner on risks to counterparties of regulated financial institutions in the event of the insolvency of the financial institution, as well as the rights of secured and unsecured creditors in insolvency proceedings to close-out, net and exercise remedies in derivative and securities transactions. During and after the financial crisis, he advised major Wall Street firms on their exposure to failing and failed counterparties, including Bear Stearns and Lehman Brothers, and various government agencies on market stabilization efforts.

Career

Joined firm, 1983; became partner, 1992; senior counsel, 2018. J.D., ‘Law Review’ editorial board member, cum laude, Order of the Coif, Northwestern University School of Law (1983); B.A., Phi Beta Kappa, Reed College (1979).

Professional Memberships

Member of the Bar in New York.

Publications

Seth lectures and is widely published on various aspects of creditors’ rights and derivative products and securities transactions.