Browse By Last Name
Search:
Margaret E. Tahyar
Partner
Ms. Tahyar is a member of Davis Polk’s Financial Institutions Group. Her practice focuses on providing strategic bank regulatory and financial regulatory reform advice and advising on troubled bank M&A and recapitalizations and capital markets transactions where the target or issuer is a financial institution. She also advises on corporate governance and securities settlement systems and payment systems.

Her clients on the Dodd-Frank Act and its regulatory implementation have included the Securities Industry and Financial Markets Association (SIFMA), the leading trade organization for U.S. banks, securities firms and asset managers, all of the U.S.’s six largest banks and many foreign banks.

From 1997 to 2009, Ms. Tahyar worked in the Davis Polk Paris and London offices and frequently advises on the international aspects of transactions and regulatory reform.

Work Highlights

Ms. Tahyar has been actively involved in the international aspects of various financial crisis-related matters, including:

  • Having represented five bank holding companies in their first resolution plan and led the firm's shared template project for living wills
  • Having represented SIFMA in addition to a number of individual bank holding companies individually in their comment letters on the proposed Volcker Rule regulations
  • Various blind pools, shelf charter and other troubled bank transactions, including the $730 million recapitalization of Sterling Financial Corp in Spokane, Washington

She has also advised:

  • SLM Corporation (Sallie Mae) in connection with the strategic separation of its loan management, servicing and asset recovery business, known as Navient, from its consumer banking business

  • Sterling Financial Corporation in connection with its $2 billion merger with Umpqua Holdings Corporation

  • Banco Bilbao Vizcaya Argentaria, S.A. in connection with its $500 million sale of its Puerto Rican operations to Oriental Financial Group Inc.
  • Ameriprise Financial in connections with its sale of its deposits to Barclays and its debanking
  • ABN AMRO on its $21 billion sale of LaSalle Bank to Bank of America and its $101 billion acquisition by a consortium consisting of RBSG, Fortis and Santander
  • Synovus on its capital raise, including an $806 million stock offering and a $345 million offering of tMeds
  • Citi on the international regulatory aspects of the conversion into common stock of up to $58 billion of preferred stock held by the U.S. government and private investors
  • ICICI on all aspects of U.S. securities laws related to its NYSE listing and 144A offerings    

In addition to her full-time practice, Ms. Tahyar is currently serving an appointment as adjunct Lecturer-in-Law for Financial Institutions at Columbia Law School, teaching a course entitled, “Systemic Risk and the Financial System: The Emerging Regulatory Structure.” She recently taught financial regulation as an adjunct Lecturer in Law at Harvard Law School 2013 Winter Term.

Recognition

Ms. Tahyar is listed as a leading lawyer in several legal industry publications, including:

  • Chambers Global: The World’s Leading Lawyers for Business
  • Chambers Europe: Europe’s Leading Lawyers for Business
  • Chambers USA: America’s Leading Lawyers for Business 
  • IFLR1000: The Guide to the World’s Leading Financial Law Firms
  • Legalease’s European Legal Experts
  • European Legal Expert’s Legal Business

She is also:

  • Award Winner, The Burton Awards for Legal Achievement 2009 Distinguished Writing – Law Firm

Of Note

  • Editor, Davis Polk Financial Crisis Manual
  • Co-Author, “Foreign Banks as U.S. Financial Holding Companies” (Chapter 11), Regulation of Foreign Banks and Affiliates in the United States (7th ed.)
  • Co-Author, “That Which We Call a Bank: Revisiting the History of Bank Holding Company Regulation in the United States,” Review of Banking & Financial Law, Vol. 31, 2011-2012
  • Co-Author, “Transparency and Confidentiality in the Post Financial Crisis World – Where to Strike the Balance?”, Harvard Business Law Review, Vol. 1, August 2011
  • Co-Author, Credible Living Wills: The First Generation, Davis Polk and McKinsey & Co., April 2011
  • Author of numerous articles and a frequent speaker at conferences
Membership
  • Member, Board of Advisors, University of North Carolina Law School’s Center for Banking & Finance
  • Vice Chairman, Banking Law Subcommittee on International Banking, American Bar Association

Professional History

  • Partner, 1997-present
  • Associate, 1989-1997
  • New York office, 2009-present; 1995-1997
  • Paris office, 2002-2009
  • London office, 1997-2002
  • Washington DC office, 1989-1995
  • Law Clerk, Hon. Thurgood Marshall, U.S. Supreme Court, 1988-1989
  • Law Clerk, Hon. Robert H. Bork, U.S. Court of Appeals, D.C. Circuit, 1987-1988

Contact

  • 450 Lexington Avenue
    New York, NY 10017
    P: 212-450-4379
    F: 212-701-5379

Education

  • A.B., University of Michigan, 1982
  • J.D., Columbia Law School, 1987
    • Valedictorian
    • Articles Editor, Columbia Law Review

Languages

  • French