Patrick Hannon is a member of the firm’s White Collar Defense and Corporate Investigations group. His practice focuses on trial and appellate litigation and other matters before federal and state courts, administrative agencies and self-regulatory organizations, as well as corporate investigations, complex financial transactions, corporate governance and regulatory and tax enforcement and compliance.
In addition to his litigation and corporate finance experience as an attorney, Mr. Hannon spent over 12 years in senior management roles in the capital markets, institutional sales-trading and private banking divisions of what was then the world’s leading securities underwriter. There he advised U.S., European, Asian and Latin American governmental and supranational agencies, financial institutions, corporations, hedge funds, investment advisors and high-net-worth individuals in domestic and global financings and investments.
Among Mr. Hannon’s responsibilities as a banker were serving as head of global product and transaction management; overseeing new financial product development, including innovative off-balance sheet conduits and special purpose vehicles; supervising the negotiation, structuring, due diligence, execution and distribution in the global marketplace of between $500 billion to $750 billion annually of continuously offered, underwritten and privately placed investment grade, high yield, mortgage- and asset-backed, auction rate and hybrid capital securities, and equity, index, commodity and currency-linked derivative instruments; formulating firmwide underwriting, capital commitment and risk management standards and policies; and ensuring transaction compliance with SEC, FINRA and other securities and financial markets regulatory regimes worldwide. He also served as the investment bank’s money market relationship manager, responsible for origination of publicly offered and privately placed money market, deposit, medium term, floating rate and asset-backed and structured financings issued by U.S. and foreign money center and regional banks, agencies and branches and other financial institutions.
Mr. Hannon has advised leading U.S. financial institutions in developing such new financial products as the first private label mortgage-backed and pass-through bonds and obligations; publicly registered (pre-REMIC) off-balance sheet and residual interest CMOs; planned amortization class, interest-only and principal-only CMOs; and emerging market asset-backed securities.
In addition to advising and representing clients in white collar and litigation matters and complex financial transactions, Mr. Hannon has worked on numerous Holocaust restitution matters and assisted in the preparation of briefs and successful arguments of petitioners in Republic of Austria & Oesterreichische Industrieholding AG v. Whiteman before the United States Supreme Court.
Mr. Hannon is a member of the Association of the Bar of the City of New York and the American Bar Association.
5/16/2012 - IRS Hears Comments on Proposed Foreign Account Tax Compliance Act (FATCA) Regulations
2/16/2012 - Proposed Regulations Issued For Foreign Account Tax Compliance Act (FATCA)
1/4/2012 - It Is Time for Foreign Financial Institutions to Take Action on the Foreign Account Tax Compliance Act (FATCA)