Jones Day (New York)

Locke R. McMurray

Jones Day (New York)
Lawer (Partner)

Locke McMurray is partner at Jones Day. His practice is focused on complex financial products across all asset classes, including product development, transaction structuring, documentation, regulation, prelitigation counseling, dispute resolution, and bankruptcy. He has been a key legal advisor in nearly every global financial crisis since the early 1990s. Prior to joining Jones Day, Locke spent 15 years in-house at a number of prominent financial institutions. Most recently, he served as the lead bankruptcy lawyer for derivatives at the Lehman Brothers chapter 11 estates, where he spearheaded the development of novel legal strategies concerning the resolution of derivatives transactions in bankruptcy. Previously, Locke was the global head lawyer at Merrill Lynch for fixed income and equity derivatives as well as for a variety of other product areas, including rates, repurchase transactions, securitization, asset-backed lending, commercial and residential real estate, principal investments, and physical commodity trading. He also served as head of Capital Markets Legal at BNP Paribas in New York, where he held regional legal responsibility for sales and trading and investment banking. Locke spent the first part of his career practicing bankruptcy and commercial law in Boston and New York, where he worked on bankruptcies in the health care, steel manufacturing, natural gas distribution, real estate, insurance, retail, financial services, telecommunications, municipal, and aviation sectors. He has substantial experience in rendering legal opinions on close-out netting, security interest perfection, "true sale," and substantive consolidation. He has documented secured loan facilities in multiple industries and has represented the United States in global commercial law reform initiatives.

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