Kenneth L. Bachman’s practice focuses on financial institution and economic sanctions matters, ranging from corporate and securities transactions to regulatory and compliance advice, including internal investigations and resolution of administrative and enforcement proceedings.

He has participated in the development and issuance of numerous innovative capital securities by banks in the United States and globally.

Kenneth lectures and is widely published on the various aspects of banking, securities and sanctions law, including “OFAC Compliance for Non-U.S. Financial Institutions,” Banking and Financial Services Review (October 2006). He was named one of the 500 leading lawyers in America in 2010 by Lawdragon.

Kenneth’s selected experience includes:

  • Counsel to Citigroup on several matters related to the global economic crisis including its $20 billion TARP repayment; $42.5 billion of debt issuances by Citigroup, Citibank and Citigroup Funding guaranteed by the FDIC under its Temporary Liquidity Guarantee Program (counsel to Citigroup Global Markets as underwriters); and a series of public and private exchange offers totaling $58 billion.
  • Counsel to the Institute of International Bankers regarding various matters related to U.S. bailout measures as applied to internationally headquartered institutions.
  • Regularly advises and assists in debt and equity investment transactions by strategic and other investors, including development of the structure for the private equity investment in Doral Financial and of the good bank/bad bank structure first used in the Texas Commerce acquisition.
  • Regularly assists financial institutions and other clients with OFAC and related sanctions matters.
  • Counsel to Morgan Stanley as advisor to the Treasury Department in the financial rescue of Fannie Mae and Freddie Mac.
  • Counsel to SWIFT in the resolution of data subpoenas issued by OFAC and to Kuwait in the asset freeze and licensing program imposed during the invasion and occupation by Iraq.
  • Counsel to the Ministry of Finance and Central Bank of Mexico in the NAFTA financial sector trade negotiations and the Government of Chile on financial services, investment and other services FTA negotiations with the United States.

Kenneth joined the firm in 1970 and became a partner in 1976.

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