Jonathan Cho
Senior Counsel
New York
Jonathan Cho
Senior Counsel
New York
Contact Details
Jonathan’s practice focuses on cross-border financial restructurings, as well as a broad range of structuring, enforcement, and regulatory compliance issues in connection with derivatives, securitization, and lending transactions.
Qualifications
Professional
Academic
J.D., Columbia Law School, 2009
B.A., Brown University, 2006
Related articles
Publications: 23 June 2022
Oh no, where's my crypto? What happens to crypto assets when a custodian fails
Publications: 16 July 2020
Seismic Changes to UK Insolvency Law – Key Issues for US Financial Counterparties
Experience highlights
Advising major cryptocurrency exchange and custodian in relation to various insolvency matters, including preparation of memoranda for foreign regulators on legal models for the custody of cryptocurrencies in the United States and the treatment of custodial assets in the event of U.S. bankruptcy proceedings.
Advising major financial institution in relation to its prospective cryptocurrency custodial offering, including structuring matters and preparation of customer documentation.
Advising lenders in relation to issues around taking and perfecting security over Bitcoin in the United States.
Drafting annual netting opinions for ICMA and ISLA on the GMRA and GMSLA, covering a broad swathe of U.S. counterparty types.
Qualifications
Professional
Academic
J.D., Columbia Law School, 2009
B.A., Brown University, 2006
Other noteworthy experience
Advising:
- Advising on the enforceability of close-out netting and related issues in connection with non-standard transaction structures and counterparty types.
- Advising on bankruptcy remoteness issues in relation to the insolvency of parties in derivatives and securities clearing chains, including customers, futures commission merchants, broker-dealers, derivatives clearing organizations, and clearing agencies.
- Advising European financial institutions on enforceability, bankruptcy, and resolution issues affecting their relationships with U.S. central securities depositories.
- Acting as U.S. counsel in U.S. Chapter 15 bankruptcy filings for: Greensill Capital (UK) Limited; Virgin Atlantic Airways Limited; Cline Mining Corporation; Oilsand Quest Inc.; and Nortel Networks Corporation.
Published work
-
"Crypto-tunities: Transaction strategies in the challenging crypto markets", Allen & Overy update, July 13, 2022
-
"Oh no, where's my crypto? What happens to crypto assets when a custodian fails", Allen & Overy Update, June 23, 2022
