CHRISTIAN A. JOHNSON
1 East Pearson
Chicago, Illinois 60611
SUMMARY OF OTC DERIVATIVE & REPO EXPERIENCE
Represented the following clients in derivative related matters:
Bank One Federal Home Loan Bank of Atlanta Burlington Northern Santa Fe Railroad Federal Home Loan Bank of Boston Continental Bank Federal Home Loan Bank of Des Moines Citadel Investment Hedge Funds Federal Home Loan Bank of Indianapolis The First National Bank of Chicago Federal Home Loan Bank of New York First Union National Bank Federal Home Loan Bank of Topeka
Wachovia Bank, National Association
Please see the attached annex for a partial listing of negotiations made on behalf of clients
with derivative dealers.
Represented the Federal Home Loan Banks of New York, Indianapolis and Topeka in
negotiating Master Repurchase Agreements.
PUBLICATIONS ON DERIVATIVES
Mastering Collateral Management: a Practical Guide to the ISDA Credit Support
Documents by Paul Harding and Christian Johnson (to be published by Financial
Times/Prentice Hall November 2002)
Over-the-Counter Derivative Documentation: A Practical Guide for Executives, Bowne Publishing (2000).
Learning Curve Columns
Preview of the 2002 ISDA Master Agreement (Learning Curve Column), Derivatives Week, August 12, 2002, at 5.
Seven Deadly Sins of ISDA Negotiations (Learning Curve Column), Derivatives Week, March 25, 2002, at 6
Payee Tax Representations & The ISDA Master Agreement (Learning Curve Column),
Derivatives Week, July 16, 2001, at 6.
Liquidity & The ISDA Master Agreement (Learning Curve Column), Derivatives Week, April 30, 2001, at 6.
Rehypothecation Risk, Derivatives Week, April 16, 2001, at 5.
Law Review Publications
AHidden@ Costs: A Case Study Of Bank Borrowing And Interest Rate Swaps, to be published in the Banking Law Journal (Nov.-Dec. 2002).
Banking, Antitrust and Derivatives: Untying the Anti-Tying Restrictions,49 Buffalo Law Review 1 (2001).
An Apologia for the Use of Over-The Counter Derivatives (Book Review), The Banking
Law Journal (December 1999).
At the Intersection of Bank Finance and Derivative Transactions: Who has the Right of
Way, 66 Tennessee Law Review 1 (Fall 1998).
Year 2000 Credit Risk and Derivatives: Insulating Banks from Counterparty Meltdown, 115 The Banking Law Journal No. 9 (Oct. 1998).
Derivatives and Rehypothecation Failure - It=s 3:00pm, Do You Know Where Your
Collateral Is?, 39 Arizona Law Review 949 (1997).
Wild Card Statutes, Parity and National Banks - The Renascence of State Banking Powers, 26 Loyola University Chicago Law Journal 351 (1995).
Shedding Light on Legal Risk (Book Review), Risk Professional 42-43 (December 1999).
Risky Business: Acting as a Lender and OTC Derivative Dealer with the Same Customer, 82 The Journal of Lending & Credit Risk Management 66 (October 1999).
Risky Business: Minimizing the Risks of OTC Derivatives Through Loan Documentation, 82 The Journal of Lending & Credit Risk Management 72 ( September 1999).
Year 2000 Credit Risk in Derivative Transactions, Bank Security Reporter (Aug. 1998).
The High Risk Opportunites Hub Fund Ltd (in Liquidation), by and through G. James
Cleaver and L. Daniel Scott, Joint Official Liquidiators, Plaintiff and Counterdefendant,
against Credit Lyonnais and Societe Generale, Defenda/nts and Counterplaintiffs, Supreme
Court of the State of New York County of New York, Index No. 00-600229 (Gammerman
J.), affidavit filed June 26, 2002.
OTC DERIVATIVE LEGAL BIBLIOGRAPHY WEBSITE
Developed SwapLaw Website - www.swaplaw.com. Swaplaw facilitates legal research of over-the-counter derivative transactions by providing references and citations to primary
and secondary legal materials and links.
1995- Loyola University Chicago School of Law Chicago, IL
Associate Professor of Law & Faculty Director of Business Law Center
Legal Principles of Derivative Transactions (3 hour course) - Taught Spring 1997,
Summer 1998, Fall 1999, and Spring 2001. The course offers an introduction to and
an overview of the regulation of the over-the-counter international derivatives
market. The course reviews the nature of derivative instruments and their common
uses and will also offer an introduction to standard legal documentation used in the
area and the negotiation of derivative transactions.
The Taxation of Financial Transactions (3 hour course) - Taught Spring 1999. The
course offers an overview of the taxation of financial instruments and transactions
dealing with debt, futures & options and derivative transactions.
1987-90 Columbia University School of Law New York, NY
J.D. - Harlan Fiske Stone Scholar
Executive Editor Columbia Law Review
1985 University of Utah Graduate School of Accounting Salt Lake City, UT
Masters of Accounting
1979-84 University of Utah Salt Lake City, UT
Honors Bachelor of Arts in Accounting
ABN Fuji Capital Markets Corporation AIG General Re Financial Products AIG International Goldman Sachs Capital Markets L.P. Allied Irish Bank Hallifax
Banco Popular Industrial Bank of Japan Banco Santander KBC Bank
Bankers Trust Company Lehman Brothers Financial Products Bank of New York Lehman Brothers Special Financing Inc. The Bank of Nova Scotia Lloyds
Bank One Merrill Lynch Capital Services, Inc. Banque AIG Morgan Guaranty Trust Company Banque Paribas Morgan Stanley Capital Services, Inc. Bank of Montreal Morgan Stanley Derivative Products Barclays Bank National Australia Bank BCI NatWest
Bear Stearns Capital Markets, Inc. NationsBank
Caja Madrid Nomura Capital Services, Inc. CDC Financial Products Nomura Derivative Products, Inc. Chase Manhattan Bank Prudential Global Funding Chemical Bank Republic Bank
Citibank, N.A. Sakura Global Capital, Inc. Commerzbank Salomon Swapco Inc. Credit Agricole Indosuez Sanwa Financial Products Credit Lyonnais Smith Barney Capital Services, Inc. Credit Suisse Sumitomo Bank
Caisse Nationale de Credit Agricole Svenska
Deutsche Bank SwapCo
Dexia Bank Swedbank
DG Bank Swiss Bank Corporation DKB Financial Products, Inc. UBS Securities (Swaps), Inc Dresdner Bank Unibank
Erste Bank WestLB