Credit Default Swap Market up in Arms

Controversial debt swap has the credit default swap (CDS) market up in arms. The integrity of the CDS could be permanently damaged. “It could destabilize the market for single-name CDS.” Said Robin Powers, Partner at Rimon who specializes in derivatives. Read the full International Financing Review article here.

Robin Powers focuses on financial transactions entered into by hedge funds and other financial institutions, with an emphasis on derivatives, prime brokerage and securities lending agreements.  Prior to Rimon, Ms. Powers was an attorney at Sutherland Asbill & Brennan.
Ms. Powers has extensive experience negotiating and documenting International Swaps and Derivatives Association (ISDA) master agreements, master repurchase agreements, collateral and other credit support documents, prime brokerage agreements, and securities lending agreements. She assists clients in their various transactional activities including documentation of structured transactions, credit default swaps, equity derivative transactions, interest rate swaps, asset swaps, total return swaps and currency transactions. She has also developed master confirmations for various derivative products.