Ms. White is counsel in Davis Polk’s Corporate Department. Her practice focuses on advising banks, broker-dealers and other institutions regarding credit risks involved in cross-border derivatives and other complex financial transactions, including the enforceability of rights to close-out, net and liquidate collateral upon a counterparty insolvency, as well as issues in connection with broker-dealer insolvencies under the Securities Investor Protection Act of 1970 (“SIPA”).

Her practice also includes the structuring and documentation of collateral and other credit risk mitigation arrangements for a broad range of transactions, including fixed-income, equity and credit derivatives, prime brokerage and secured financing transactions, and advising on the impact of the Dodd-Frank Act on such arrangements. Among the matters she has worked on recently are the representation of the joint administrators of Lehman Brothers International (Europe) in connection with their multibillion-dollar claims against Lehman Brothers Inc. in the largest SIPA proceeding in history and the representation of five banking organizations in their first living wills submissions.