Lee Meyerson is a senior corporate partner specializing in mergers and acquisitions and in capital markets transactions for financial institutions.  Mr. Meyerson, who is head of the firm’s financial institutions practice and a member of the firm’s Executive Committee, has participated in many of the largest U.S. financial services mergers of the past decade, including representing JPMorgan Chase & Co. in its $58 billion merger with Bank One Corporation, Mellon Financial in its $16.8 billion merger with The Bank of New York and The Toronto-Dominion Bank in its $8.5 billion acquisition of Commerce Bancorp.  Most recently, he represented the U.S. Treasury in connection with structuring and documenting its $250 billion program for purchasing equity in U.S. financial institutions under the TARP, as well as Treasury’s targeted investments in Citigroup and Bank of America and the exchange of $49 billion of Citigroup preferred stock for common stock and trust preferred securities.  His transactions over the past several years also include representing Wachovia in its $6.8 billion acquisition of A.G. Edwards, UBS in its $2.5 billion acquisition of Banco Pactual (Brazil’s leading independent investment bank), The Toronto-Dominion Bank in its $3.2 billion going-private acquisition of its subsidiary, TD Banknorth, and Washington Mutual in the sale of its mutual fund business ($740 million).  In addition, he has participated in the most significant private equity investments in the banking industry over the past several years, including representing Washington Mutual in its $7.2 billion equity issuance to TPG and other investors, representing the lead private equity investor in National City’s $7 billion equity issuance, representing Carlyle Partners in its 24.9% investment in Boston Private Financial, and representing the private equity and other investors in the precedent-setting acquisition of Doral Financial ($610 million).  Recently, he represented investors in the FDIC-assisted acquisitions of IndyMac and BankUnited.

During 2005 his M&A transactions included representing Washington Mutual in its $6.6 billion acquisition of Providian Financial, The Toronto-Dominion Bank in both the sale of its Waterhouse subsidiary to Ameritrade ($3 billion) and its $3.8 billion acquisition of a majority interest in Banknorth, Federated Department Stores in the sale of its credit card portfolio to Citigroup ($7.4 billion), Independence Community Bank Corp. in its sale to Sovereign Bancorp ($3.6 billion) and JPMorgan Chase in the sale of its discount broker subsidiary, Brown & Co., to E*Trade for $1.6 billion.  Other M&A representations in recent years include Washington Mutual in the sale of its consumer finance group to Citigroup ($1.25 billion) and its earlier acquisition of Dime Bancorp ($5.2 billion); Wachovia Corporation in its innovative securities brokerage joint venture with Prudential ($1 billion) and legacy Wachovia’s merger with First Union Corporation ($14.7 billion) and concurrent defense against the hostile takeover bid by SunTrust Banks; the consortium purchase of bond insurer Financial Guaranty Insurance Corp. from GE Capital ($2.2 billion); Chase Manhattan’s acquisitions of J.P. Morgan & Co. ($34 billion) and Hambrecht & Quist ($1.35 billion), as well as its purchase of Providian’s $8 billion portfolio of platinum and other credit cards; the acquisition by BNP Paribas of the publicly held shares of BancWest Corporation ($2.49 billion); and the acquisition by Independence Community Bank of Staten Island Bancorp ($1.5 billion).  Earlier transactions include the merger of CoreStates Financial Corp. with First Union Corp. ($17 billion), Washington Mutual’s “white knight” acquisition of Great Western Financial Corp. ($10 billion), and Chemical Bank’s acquisition of The Chase Manhattan Corporation ($10 billion). 

Mr. Meyerson’s capital markets practice includes IPOs and a broad range of debt, equity and hybrid capital securities offerings for banks, thrifts, insurance companies and other financial services companies.  He participated in most of the major U.S. bank stock offerings of 2008, including representing Wachovia and JPMorgan in their respective $8 billion and $6 billion stock offerings and representing the underwriters in Sovereign Bancorp’s $1.89 billion offering of common stock and subordinated bank notes and First Horizon’s $690 million offering of common stock.  In December 2007, he represented Washington Mutual in its $3 billion offering of convertible preferred shares and the underwriters in Sallie Mae’s $2.9 billion offering of common shares and mandatory convertible preferred stock.  Earlier transactions included representing CIBC in the innovative monetization of its $369 million equity stake in Global Payments Inc. through a series of hedged collar transactions and underwritten share offering and representing the underwriters in Hudson City Bancorp’s $3.93 billion second-step conversion and common stock offering, which was at the time the largest public stock offering in the history of the U.S. banking industry.

Mr. Meyerson has been ranked as one of the leading M&A and banking lawyers in the United States in a number of recent surveys, including The American Lawyer, which selected him as a "Dealmaker of the Year" for both 2008 (no. 4) and 2005, Chambers’ USA 2009 Guide to America’s Leading Lawyers for Business (Financial Institutions M&A – Band 1; Financial Services Regulation – Band 1; Corporate/M&A – Band 3), Who’s Who Legal (Banking 2009), The Best Lawyers in America (Banking Law and Financial Institutions Law 2009), Practicing Law Company Yearbook 2009 (“Highly Recommended Individual”), and BTI’s 2008 Client Service All-Star Team for Corporate Transactions.  On October 22, 2009, the Financial Times awarded Mr. Meyerson and his team the 2009 Innovative Lawyers award for their work relating to the “U.S. Financial Crisis and Downturn 2009.”  He is a frequent speaker and author on issues concerning the financial services industry, including co-chairing PLI’s 2009 Institutes on the Financial Services System. 

Mr. Meyerson joined Simpson Thacher in 1981 and became a partner in 1989.  He received his A.B., magna cum laude, in 1977 from Duke University and his J.D. from New York University School of Law in 1981 where he was Editor of the New York University Law Review.  

Speaking Engagements

• Co-Chair of PLI's "Banking Law Institute 2009: Stabilizing the Financial Services System" and "Banking Law Update 2009: Shaping the Future of the Financial Services System"
  April 17, 2009 and December 9, 2009
  
  
• Penn State 6th Annual Institute on Corporate, Securities and Related Aspects of Mergers and Acquisitions, "Acquisitions in the Financial Services Industry"
  September 24, 2009
  
  
• Northwestern Law School 29th Garrett Corporate and Securities Law Institute, "Developments in the Capital Markets following the Financial Crisis"
  April 30, 2009
  
  
• NYU Law School, "The Meltdown of 2008: Causes, Cures and Consequences"
  April 4, 2009
  
  
• American Constitution Society/Columbia Law School, "Financial Regulation, Corporate Governance and Securities Litigation: What Does the Future Hold?"
  February 17, 2009

Honors/Associations

•	Association of the Bar of the City of New York

Publications

•	FDIC Issues Guidance on Policy Statement for Investments in Failed Banks
•	"Bank Failures: Man the Lifeboats," Euromoney (November 3, 2009)
•	"Next Global Crisis Won’t Look Like the Last," New York Times DealBook (October 17, 2009)
•	FDIC Adopts Final Statement of Policy on Private Investor Purchases of Failed Banks
•	FDIC Proposed Policy Statement on Private Capital Investor Purchases of Failed Banks
•	Treasury Department Outlines Reforms to U.S. Financial Supervision and Regulation
•	Federal Banking Regulators Adopt Shelf Approval Process to Facilitate Bidding by Private Equity Funds on Failing and Failed Depository Institutions
•	Federal Deposit Insurance Corporation Adopts Temporary Liquidity Guarantee Program Final Rule
•	Federal Deposit Insurance Corporation Temporary Liquidity Guarantee Program
•	Federal Reserve Policy Statement on Equity Investments in Banks and Bank Holding Companies
•	Federal Reserve Issues Final Rules on Trust Preferred and Other Capital Instruments
•	Legal Developments In The Pending Acquisition Of The MONY Group Inc. By AXA Financial, Inc.
•	American Insurance Association v. Garamendi: U.S. Supreme Court Rejects Efforts to Address Holocaust-Era Insurance Claims Through State Insurance Laws
•	Restrictions on Transactions Between Depository Institutions and Their Affiliates
•	Delaware Supreme Court's NCS Healthcare Decision May Limit Effectiveness of Voting Agreements From Majority Stockholders as Deal Protection Measures (December 2002)
•	Terrorism Risk Insurance Act of 2002
•	Anti-Money Laundering Regulations Issued Pursuant to the USA Patriot Act
•	Federal Deposit Insurance Reform
•	A New Roadmap For Going-Private Transactions (December 2001)
•	Analysis of Proposed and Interim Rules Relating to Financial Holding Companies
•	Federal Reserve and Comptroller Issue Regulations Pursuant to the Gramm-Leach-Bliley Act
•	The Gramm-Leach-Bliley Act
•	Federal Reserve Approves Merger of Travelers and Citicorp
•	Travelers Group, Citicorp and the Federal Reserve
•	Regulating the Use of Confidential Information in Tender Offer Financing:  A Common Law Solution, 55 New York University Law Review 838, 1980

Speaking Engagements

•	Lee Meyerson to Co-Chair and Ellen Patterson to Speak at PLI's "Banking Law Update 2009: Shaping the Future of the Financial Services System" Seminar December 1, 2009

Admissions

•	New York 1982

Education

•	New York University School of Law, 1981 J.D. New York University Law Review, Editor
•	Duke University, 1977 A.B. magna cum laude