On Tuesday, Foley & Lardner LLP announced that John Haas, the former executive director at UBS AG global capital solutions team has joined the law firm. At UBS Haas was responsible for all aspects of deal structuring and managed several transactions including hybrid securities and preferred stock. Haas joins Foley as of counsel in the Private Equity & Venture Capital and Transactional & Securities Practices at the New York office of the firm.
Haas is a well known expert on private and registered investment funds and innovative capital markets products. He has extensive experience with the rules and regulations associated with the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Basel accords. He regularly counsels on the rules and regulations in the financial industry and has in-depth knowledge of the Investment Company Act 1940, the Investment Advisers Act of 1940, the Securities Act of 1933 and the Securities Exchange Act of 1934.
Speaking on Haas joining the firm, Gabor Garai, chair of Foley’s Private Equity & Venture Capital Practice said, “The breadth and depth of John’s transactional work, specifically his deep knowledge of capital markets, allows him to navigate clients through complex transactions and ensure pending deals are conducted in compliance with applicable regulations.” He further added that Haas’s, “unique experience advising from both a business and legal perspective brings immediate value to our clients.”
Peter Wang, managing partner of Foley’s New York office said, “John’s experience working with federal regulatory agencies will greatly assist our clients in effectively maneuvering the challenging regulatory landscape, and we are excited to welcome him to the firm.” Wang admitted, “With the securities markets becoming more complex, businesses need a trusted advisor to ensure compliance and mitigate any potential litigation.”
Prior to working at UBS AG, Haas was an initial member of TS Capital LLC, a provider of structuring advice and wholesale distribution services to alternative asset managers. Also, earlier in his career, he was an associate in the investment management group at Skadden Arps, and later the director on the product development team at Merrill Lynch.