“The Global Financial Crisis 15 Years On: Insights into Central Counterparties’ Responses to Member Defaults,” LSE Law School Financial Market Infrastructure Project

Partner Vince Lazar will discuss how key central counterparties (CCPs), a type of financial market infrastructure, respond to member defaults depending on (among other factors) the nature of the default, market conditions, and the potential impact on public customers. CCP responses in past default situations are important data points in evaluating regulatory regimes that might apply in the event of a future CCP member default. In his review and analysis, Vince will touch on the high-profile defaults of Lehman and MF Global, including the public customer account porting process and derivatives portfolio auctions. 

Presented by the LSE Law School Financial Market Infrastructure Project, Vince’s program will be held at the Marshall Building on the LSE campus. Click here to learn more.

Vince is a Co-Chair of Jenner & Block’s Bankruptcy Litigation and Markets and Trading Practices. Drawing upon his bankruptcy and restructuring experience, he advises clearing organizations, self-regulatory organizations, and market participants concerning member default issues, customer protection concerns, and crypto and fintech proposals.

“The Global Financial Crisis 15 Years On: Insights into Central Counterparties’ Responses to Member Defaults,” LSE Law School Financial Market Infrastructure Project

Partner Vince Lazar will discuss how key central counterparties (CCPs), a type of financial market infrastructure, respond to member defaults depending on (among other factors) the nature of the default, market conditions, and the potential impact on public customers. CCP responses in past default situations are important data points in evaluating regulatory regimes that might apply in the event of a future CCP member default. In his review and analysis, Vince will touch on the high-profile defaults of Lehman and MF Global, including the public customer account porting process and derivatives portfolio auctions. 

Presented by the LSE Law School Financial Market Infrastructure Project, Vince’s program will be held at the Marshall Building on the LSE campus. Click here to learn more.

Vince is a Co-Chair of Jenner & Block’s Bankruptcy Litigation and Markets and Trading Practices. Drawing upon his bankruptcy and restructuring experience, he advises clearing organizations, self-regulatory organizations, and market participants concerning member default issues, customer protection concerns, and crypto and fintech proposals.

News and Insights

Event

Associate Steven Arango to Speak at the Veterans' Legal Career Fair

On September 18, Associate Steven Arango will speak on a panel at the Veterans' Legal Career Fair (VLCF), the only legal career fair in the United States dedicated to veterans, active-duty service members, and military spouses.

September 18, 2026

Publications

In American Banker, Partner Laurel Loomis Rimon Weighs in on OCC's Handling of Fintech Bank Charter Applications

Partner Laurel Loomis Rimon spoke with American Banker about how the Office of the Comptroller of the Currency is approaching bank charter applications from fintechs, amid a growing wave of companies seeking charters from federal regulators.

August 18, 2026

Event

Partner David Greenwald to Speak at PLI Program on Privilege and AI

On August 17, David Greenwald will speak at "Fitting New “Tech” Into the Attorney-Client Privilege and Work Product Protection," a virtual program hosted by the Practising Law Institute (PLI).

August 17, 2026