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Elizabeth Leckie

Partner

Email

elizabeth.leckie@aoshearman.com

Phone

+1 212 610 6317

Offices

New York

V-CARD
Elizabeth specializes in U.S. finance and restructuring with over 30 years of experience on a broad range of finance transactions for financial institutions and corporations through all phases from origination through workout, restructuring and bankruptcy.

Her experience covers syndicated secured and unsecured lending, asset-based lending, acquisition finance, subordinated debt, structured finance, letters of credit and other bank finance transactions. 

In addition to acquisition, working capital and other corporate financings, she has deep experience in cross-border margin loan financings, especially those involving security over ADRs and GDRs, and regularly advises on complex cross-border structured finance transactions involving derivatives and repos, with a particular emphasis on issues relating to loans, loan participations and security interests.

Elizabeth is a Fellow of the American College of Commercial Finance Counsel and is currently serving as a member of its Board of Regents. She is also a Life Fellow of the American Bar Foundation and is a member of the Board of Directors of the Working Group on Legal Opinions and co-chair of its affinity group on cross-border opinions. Elizabeth is noted for her contributions to understanding and education on cross-border issues in the loan market and with respect to legal opinions.

Elizabeth is the former Regional Diversity, Equity and Inclusion Partner for the Americas and remains active locally and globally on matters affecting diversity, equity and inclusion at a policy and management level, with hands-on experience advising and directing our many U.S. Diversity and Inclusion initiatives.

Expertise

Industries

Published Work

  • "Crypto-tunities: Transaction strategies in the challenging crypto markets", Allen & Overy update, July 13, 2022
  • "Oh no, where's my crypto? What happens to crypto assets when a custodian fails", Allen & Overy update, June 23, 2022
  • "Commercial Lending in a Changing Regulatory Environment: 2019 and Beyond, The International Comparative Legal Guide to: Lending & Secured Finance", 5th, 6th and 7th Editions, April 2017, 2018, 2019 with Bill Satchell
  • "Brexit: The View into 2017", 2017 Loan Market Chronicle, March 2017, with David Campbell
  • "Commercial Lending in the Developing Global Regulatory Environment: 2016 and Beyond", The International Comparative Legal Guide to: Lending & Secured Finance 2016, 4th Edition, April 2016, with Bill Satchell

Speaking Engagements

  • Panelist, "How Practitioners Are Addressing Current Opinion Issues," Working Group on Legal Opinions Webinar, New York, January 2021
  • Panelist, “Brexit: Delays, Dramas and Developments,” LSTA & LMA Conference, New York, May 2019
  • Panelist, “Rationalizing Legal Opinion Practice in the Cross-Border Context,” Working Group on Legal Opinions Spring Seminar, New York, May 2019
  • Panelist, “Brexit and Beyond,” LMA & LSTA Joint Annual Loan Market Conference, London, March 2019
  • Panelist, “Current Opinion Issues and Trends: Cross-Border Transactions,” Working Group on Legal Opinions Spring Seminar, New York, May 2018
  • Panelist, “Cross-Border Opinions,” ABA Business Law Section Spring Meeting, Orlando, April 2018
  • Panelist, “Brexit: A Practical Dialogue,” LMA & LSTA Joint Annual Loan Market Conference, London, March 2018
  • Moderator, "U.K. and U.S. Loan Markets: Trends and Deal Terms," LSTA and LMA Conference, London, March 2017
  • Panelist, “Britain Without Europe; Europe Without Britain: What Will It Look Like?,” New York City Bar, New York, November 2016
  • Co-Chair, “Opinion Issues Relating to the EU, including EU Bail-In Provisions in Financing Agreements and Anticipating Brexit,” WGLO Fall Seminar, New York, November 2016
  • Presenter, “A Look Across the Pond: Effects of Brexit and Bail-in Rules in Practice,” ABA 2016 Business Law Section Annual Meeting, Boston, September 2016
  • Presenter, “Brexit: UK Will Leave EU,” LSTA Webcast, June 2016
  • Presenter, “The New European Bail-In Rules and Their Impact on US Documentation for Affected Institutions,” WGLO Webinar, April 2016
  • Presenter, “Update on Article 55 Bail-In,” LMA and LSTA joint conference, London, March 2016
  • Presenter, “What the EU Bail-In rule means for the US Loan Market,” LSTA Webcast, January 2016
  • Presenter, "UK and U.S. Loan Market Trends and Deal Terms," LMA and LSTA joint London conference, March 2015

Leadership Positions And Professional Affiliations

  • American Bar Association
  • The Law Society
  • Fellow of the American College of Commercial Finance Lawyers (ACCFL)

Qualifications

Admissions

Admitted: Solicitor in England & Wales, 1987

Admitted: Bar of the State of New York, 1990

Academic

LL. M program, University of Illinois, 1988

M.A., Law, Oxford University, 1984

Languages

English
Disclaimer
A&O Shearman was formed on May 1, 2024 by the combination of Shearman & Sterling LLP and Allen & Overy LLP and their respective affiliates (the legacy firms). Any matters referred to above may include matters undertaken by one or more of the legacy firms rather than A&O Shearman.