The global law firm Jones Day has announced that Locke McMurray has joined the Firm’s New York Office as a partner in the Firm’s Financial Institutions Litigation & Regulation (FILR) Practice. He arrives from Lehman Brothers Holdings Inc., where he held the position of Managing Director, Head of Derivatives Legal.
In his previous role, Mr. McMurray led the team and directed overall legal strategy while providing advice in respect of unwinding derivatives portfolios with more than six thousand counterparties, including negotiation of settlements and assignments and development and implementation of novel legal strategies concerning status of unterminated transactions, set-off, and derivatives valuations. He has worked in financial services for 15 years, including time spent with Merrill Lynch & Co., Inc. and BNP Paribas, and spent the first part of his career as a bankruptcy attorney in New York and Boston.
“Locke is a significant addition to the practice and his arrival adds to the Firm’s depth on legal and strategic issues concerning complex financial instruments, including identifying, managing and, where appropriate, litigating, risks concerning complex financial products on behalf of our financial institution clients,” said Jay Tambe, co-head of Jones Day’s FILR Practice.
Mr. McMurray’s extensive experience also includes global and regional legal responsibility at major financial institutions for fixed income and equity cash and derivatives sales and trading, physical commodities, capital markets, commercial and residential real estate, and structured finance. He has implemented multiple regulatory initiatives in relation to these markets and has negotiated sales and acquisitions of trading businesses. Mr. McMurray has also advised on numerous defaults and work-outs of companies across a wide range of industries.
“Outstanding arrivals like Locke are ways we continue to expand our ability to serve clients as one firm worldwide in the financial services sector, among others,” said Willis Goldsmith, Partner-in-Charge of Jones Day’s New York Office.
Mr. McMurray is a graduate of Harvard College, earned his J.D. from Boston College Law School, and his LL.M. from Harvard Law School. He is admitted to practice in the Commonwealth of Massachusetts (1989); United States District Court for the District of Massachusetts (1990); State of New York (1995), and Supreme Court of the United States (2010). He was also a member of the United States Delegation to the Unidroit Committee of Governmental Experts for the Preparation of a Convention on Substantive Rules Regarding Intermediated Securities (2004 to 2006).
