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Practice Expertise
- Counterparty Insolvency and Risk Management
- Financial Regulatory
- Multi-Currency/Cross Border Financings
- Prime Brokerage and Equity Lending
Areas of Practice
- Counterparty Insolvency and Risk Management
- Financial Regulatory
- Multi-Currency/Cross Border Financings
- Prime Brokerage and Equity Lending
- Chapter 11 Debtor
- Distressed M&A
- Finance
- FinTech Virtual Currency and Blockchain
- International
- Investment Banking and Broker Dealer
- Lender Representation View More
WSG Practice Industries
Profile
Giorgio Bovenzi leads Haynes and Boone's Global Credit Risk Management practice and advises clients on commercial, banking, and insolvency law in the context of financial market transactions, providing analysis and implementation of arrangements designed to mitigate credit risk and adverse regulatory capital implications across multiple jurisdictions. A bankruptcy lawyer by training, Giorgio's practice has dealt with the insolvency laws of a large number of jurisdictions worldwide and with the implementation of arrangements designed to mitigate credit risk in multi-jurisdictional settings. He recently expanded the scope of his practice to include digital assets and their credit and regulatory implications. The value of Giorgio's counsel derives from more than 30 years of experience in credit, banking, regulatory, derivatives, and insolvency law in multiple jurisdictions around the world. Prior to joining the firm in 2019, he practiced at Skadden, Davis Polk, and Dentons.
Chambers notes that Giorgio "is particularly recommended for his extensive knowledge of global banking laws" and cites a client who describes him as "a very focused lawyer who's very highly regarded by financial institutions." Other clients state that Giorgio "is very good to work with and excellent at finding solutions" and offers a "good depth of knowledge across a number of jurisdictions" (Chambers USA, Nationwide, 2020-2024 (Chambers and Partners)).
In the Legal 500 directory, clients describe Giorgio as "knowledgeable, professional and responsive," praising his "comprehensive understanding of both the industry and the related legal issues" and his ability to "reconcile common law legal concepts and continental law legal concepts in a practical manner." One client enthused that "his understanding of legal systems around the world enables him to distill immense amounts of information into a pragmatic solution." Other clients describe him as a "top-notch" and "thoughtful and solutions-oriented" team leader who provides a "very impressive service," adding that Giorgio is "unique in his 'understanding of the regulatory and risk management concerns of banks and ability to produce multi-jurisdictional solutions'" (The Legal 500 USA, Nationwide, 2017-2024 (Legalese)).
In addition to Giorgio's familiarity with insolvency and banking laws, and credit risk mitigation techniques, clients benefit from his longstanding work relationships with country counsel from more than 90 jurisdictions worldwide, which enable him to deliver coordinated results and seamless, uniform counsel across multiple jurisdictions.
Giorgio has been involved in several international initiatives, including as expert consultant to the United States Delegation participating in the drafting of the International Institute for the Unification of Private Law (UNIDROIT) Principles on the Operation of Close-Out Netting Provisions (2013), and as the International Bar Association observer to the development of the UNIDROIT Principles on Digital Assets and Private Law (2023). He was recently nominated by the International Bar Association (IBA) to represent the IBA at the UNCITRAL Colloquium on Navigating the New Era of Digital Finance (Feb. 20-21 2025) held at the United Nations' Headquarters.
He is an active officer of the IBA Banking & Financial Law Committee. He also moonlights as an adjunct professor of law at Fordham University School of Law in New York City, where he has taught courses on professional responsibility in multinational practice, United States domestic and cross-border insolvency law and global credit risk management.
Chambers notes that Giorgio "is particularly recommended for his extensive knowledge of global banking laws" and cites a client who describes him as "a very focused lawyer who's very highly regarded by financial institutions." Other clients state that Giorgio "is very good to work with and excellent at finding solutions" and offers a "good depth of knowledge across a number of jurisdictions" (Chambers USA, Nationwide, 2020-2024 (Chambers and Partners)).
In the Legal 500 directory, clients describe Giorgio as "knowledgeable, professional and responsive," praising his "comprehensive understanding of both the industry and the related legal issues" and his ability to "reconcile common law legal concepts and continental law legal concepts in a practical manner." One client enthused that "his understanding of legal systems around the world enables him to distill immense amounts of information into a pragmatic solution." Other clients describe him as a "top-notch" and "thoughtful and solutions-oriented" team leader who provides a "very impressive service," adding that Giorgio is "unique in his 'understanding of the regulatory and risk management concerns of banks and ability to produce multi-jurisdictional solutions'" (The Legal 500 USA, Nationwide, 2017-2024 (Legalese)).
In addition to Giorgio's familiarity with insolvency and banking laws, and credit risk mitigation techniques, clients benefit from his longstanding work relationships with country counsel from more than 90 jurisdictions worldwide, which enable him to deliver coordinated results and seamless, uniform counsel across multiple jurisdictions.
Giorgio has been involved in several international initiatives, including as expert consultant to the United States Delegation participating in the drafting of the International Institute for the Unification of Private Law (UNIDROIT) Principles on the Operation of Close-Out Netting Provisions (2013), and as the International Bar Association observer to the development of the UNIDROIT Principles on Digital Assets and Private Law (2023). He was recently nominated by the International Bar Association (IBA) to represent the IBA at the UNCITRAL Colloquium on Navigating the New Era of Digital Finance (Feb. 20-21 2025) held at the United Nations' Headquarters.
He is an active officer of the IBA Banking & Financial Law Committee. He also moonlights as an adjunct professor of law at Fordham University School of Law in New York City, where he has taught courses on professional responsibility in multinational practice, United States domestic and cross-border insolvency law and global credit risk management.
Bar Admissions
New York, 1996; Italy, 1991
Education
LL.M.-C.J., New York University School of Law, 1995
J.D.-equivalent, University of Naples Federico II School of Law, 1988
Areas of Practice
- Counterparty Insolvency and Risk Management
- Financial Regulatory
- Multi-Currency/Cross Border Financings
- Prime Brokerage and Equity Lending
- Chapter 11 Debtor
- Distressed M&A
- Finance
- FinTech Virtual Currency and Blockchain
- International
- Investment Banking and Broker Dealer
- Lender Representation
Professional Career
Significant Accomplishments
Chief advisor of major global banks in multibillion U.S. and International prime brokerage platforms, leading and coordinating with country counsel from more than 60 jurisdictions on (i) the analysis of banking and finance and cross-border insolvency laws relating to collateralization of various asset types and derivatives products, (ii) credit risk mitigation strategies for multi-jurisdictional cross-product netting and collateral platforms, and (iii) multi-jurisdictional legal opinions.
Chief counsel in the restructuring of $13 billion commercial paper program for one of the seven "supermajor" oil companies in the world, requiring the assessment of the credit risk profile of a major global bank and the credit risk represented by the applicable bank resolution regimes in multiple jurisdictions.
Represented the German Insolvency Administrator for Maple Bank GmbH in its U.S. Chapter 15 proceeding.
Co-lead counsel to the leading Japanese memory company in its Chapter 15 cross-border insolvency proceeding and landmark U.S. recognition of the Japanese plan of reorganization that enabled the multi-jurisdictional $6 billion combination with a leading U.S. memory company, creating (at the time) the second largest memory company in the world.
Cross-border insolvency strategist in $600 million debt restructuring for a leading onshore drilling and oil field services provider in South America and Central America and its subsidiaries incorporated in 15 jurisdictions.
Contingency planning advice to global financial institutions and corporates with respect to counterparties' cross-border insolvency risks.
Advised the Federal Reserve Bank of New York in connection with secured financings for AIG's subsidiary International Lease Finance Corporation and $17.5 billion collateral package represented by aircraft registered in 33 jurisdictions.
Some of the matters were handled by Giorgio prior to joining Haynes and Boone.
Professional Associations
- "Young Lawyers Programme: Why AI and other legal tech won't put finance lawyers out of business," panelist, IBA 39th International Financial Law Conference, Dublin, Ireland, May 2024.
- "The Emerging Legal and Regulatory Framework for Digital Assets," chair and moderator, IBA Annual Conference, Paris, France, October 2023.
- "Young Lawyers Programme: How to Impress Clients in Cross-Border Matters and Navigate Cultural and Other Landmines?" panelist, IBA 38th International Financial Law Conference, Lisbon, Portugal, May 2023.
- "Taking Collateral on Crypto-Assets - Property Rights and Interests in Crypto Assets," panelist, IBA 38th International Financial Law Conference, Lisbon, Portugal, May 2023.
Professional Activities and Experience
Dentons US, LLP (2014-2019)
Davis Polk & Wardwell LLP (2005-2014)
Skadden, Arps, Slate, Meagher & Flom LLP (1996-2001)
Chief advisor of major global banks in multibillion U.S. and International prime brokerage platforms, leading and coordinating with country counsel from more than 60 jurisdictions on (i) the analysis of banking and finance and cross-border insolvency laws relating to collateralization of various asset types and derivatives products, (ii) credit risk mitigation strategies for multi-jurisdictional cross-product netting and collateral platforms, and (iii) multi-jurisdictional legal opinions.
Chief counsel in the restructuring of $13 billion commercial paper program for one of the seven "supermajor" oil companies in the world, requiring the assessment of the credit risk profile of a major global bank and the credit risk represented by the applicable bank resolution regimes in multiple jurisdictions.
Represented the German Insolvency Administrator for Maple Bank GmbH in its U.S. Chapter 15 proceeding.
Co-lead counsel to the leading Japanese memory company in its Chapter 15 cross-border insolvency proceeding and landmark U.S. recognition of the Japanese plan of reorganization that enabled the multi-jurisdictional $6 billion combination with a leading U.S. memory company, creating (at the time) the second largest memory company in the world.
Cross-border insolvency strategist in $600 million debt restructuring for a leading onshore drilling and oil field services provider in South America and Central America and its subsidiaries incorporated in 15 jurisdictions.
Contingency planning advice to global financial institutions and corporates with respect to counterparties' cross-border insolvency risks.
Advised the Federal Reserve Bank of New York in connection with secured financings for AIG's subsidiary International Lease Finance Corporation and $17.5 billion collateral package represented by aircraft registered in 33 jurisdictions.
Some of the matters were handled by Giorgio prior to joining Haynes and Boone.
Professional Associations
- International Bar Association
- INSOL International
- "Young Lawyers Programme: Why AI and other legal tech won't put finance lawyers out of business," panelist, IBA 39th International Financial Law Conference, Dublin, Ireland, May 2024.
- "The Emerging Legal and Regulatory Framework for Digital Assets," chair and moderator, IBA Annual Conference, Paris, France, October 2023.
- "Young Lawyers Programme: How to Impress Clients in Cross-Border Matters and Navigate Cultural and Other Landmines?" panelist, IBA 38th International Financial Law Conference, Lisbon, Portugal, May 2023.
- "Taking Collateral on Crypto-Assets - Property Rights and Interests in Crypto Assets," panelist, IBA 38th International Financial Law Conference, Lisbon, Portugal, May 2023.
Professional Activities and Experience
Dentons US, LLP (2014-2019)
Davis Polk & Wardwell LLP (2005-2014)
Skadden, Arps, Slate, Meagher & Flom LLP (1996-2001)
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