Marion C. Leydier

Ms. Leydier has most recently acted as counsel to:

• Several nonbank financial companies (including an insurer and an asset manager) in connection with various stages of FSOC’s nonbank SIFI designation and de-designation processes;
• Numerous U.S. and non-U.S. insurance companies in connection with regulatory matters before U.S. state insurance departments, including change-of-control filings, licensing applications and disclaimers of control;
• Liberty Strategic Capital as a lead investor in connection with Enstar’s acquisition by Sixth Street.
• Special Committee of independent directors of F&G Annuities & Life in the issuance of Series A convertible preferred stock to its controlling shareholder Fidelity National Financial;
• American Equity in its approximately $4.3 billion pending acquisition by Brookfield Reinsurance;
• China Oceanwide Holdings Group Co., Ltd. in its proposed acquisition of Genworth Financial, Inc., later terminated;
• Goldman Sachs, JP Morgan, Morgan Stanley and Wells Fargo in tender offers for debt securities of MetLife and the subsequent exchange of such debt for common stock of Brighthouse Financial and the public secondary sale of such stock;

• ACE Limited in its acquisition of The Chubb Corporation;
• International Bank for Reconstruction and Development/World Bank in connection with certain matters related to the issuance of “catastrophe bonds” designed to provide Mexico with protection against financial losses from earthquakes, Atlantic- and Pacific-named storms;
• Canada Pension Plan Investment Board in connection with its investment in Asurion and subsequent refinancings;
• Ocwen Financial Corporation in connection with regulatory approvals related to its acquisition of PHH Corporation;
• Royal Bank of Canada in connection with its sale of Liberty Life Insurance Company to Athene Holding Ltd. and related reinsurance transactions and post-closing matters;
• American International Group, Inc. in connection with senior and hybrid securities offerings, reporting and governance matters;
• Great-West Lifeco in connection with two U.S. senior notes offerings and in connection with its subsidiary Empower Retirement’s acquisition of Personal Capital Corporation;
• Assurant, Inc. in connection with liability management and ongoing securities and M&A matters;
• ING Groep N.V. in connection with U.S. regulatory matters;
• Prudential Financial, Inc. in connection with junior subordinated notes offerings, an equity offering, an exchangeable surplus note issuance to Nippon Life, a consent solicitation and liability equity restructuring management transactions and various other securities-related matters;
• Citadel in connection with an investment in Municipal Infrastructure and Assurance Corp., a newly-formed financial guarantor, and its unwinding;
• A policyholder in connection with the commutation of an insurance policy issued by Ambac Assurance Corporation;
• The creditors in connection with the commutation of policies and related restructuring of CIFG Holding Ltd., a monoline financial guarantor (Restructuring Deal of the Year – IFLR Americas Awards), and related transactions;
• The underwriters in connection with multiple notes offerings by each of Aflac, Ameriprise, Brighthouse Financial (in connection with its spin-off from MetLife), Lincoln National Corporation and Progressive, surplus and senior notes offerings by Pacific Life, a surplus notes offering by Penn Mutual, preferred stock offerings by Brighthouse and Progressive; and the dealer-managers in connection with liability management transactions by Aflac, Brighthouse and Lincoln National Corporation; and
• The bank consortium and underwriters in connection with the recapitalization of Ambac Financial Group, Inc.