William M.Atherton (Will)


Atlanta + 1.404.581.8519

Will Atherton practices corporate law, with a primary focus on securities, M&A, regulation of financial institutions, payments, and financial technology. He regularly advises clients on a wide range of transactional, regulatory, and strategic matters, including broker-dealer, investment company and investment advisor acquisitions and regulation, bank holding company formations and acquisitions, corporate restructuring, payment processing agreements, FINRA and SEC filings, and banking and financial institution regulation.

Will advises clients on the regulatory development of emerging payment products and financial technology, including blockchain and cryptocurrencies, as well as compliance with payments and financial technology regulations and licensing.

In addition, Will advises foreign and domestic financial institutions in mergers, acquisitions, joint ventures, and capital raising activities. He provides regulatory advice to financial institution clients, general commercial counseling for banks, and disclosure counseling for publicly traded clients.

Will is a member of the State Bar of Georgia.


  • ClearList LLC registers as broker-dealer with FINRA and files as ATS with SECJones Day advised ClearList Holdings LLC and its subsidiary, ClearList LLC, regarding the filing of ClearList LLC's new member application with the Financial Industry Regulatory Authority to become a registered broker-dealer, and the filing of a Form ATS with the SEC to create an alternative trading system for the secondary trading of private securities.
  • Daikin acquires ElitAireJones Day advised Daikin in its acquisition of ElitAire.
  • ClearList Securities LLC registers as broker-dealer with FINRAJones Day advised ClearList Holdings LLC and its subsidiary, ClearList Securities LLC, regarding the filing of ClearList Securities LLC's new member application with the Financial Industry Regulatory Authority to become a registered broker-dealer.
  • Daikin acquires ABCO HVACR Supply + SolutionsJones Day advised Daikin North America LLC, a subsidiary of Daikin Industries, Ltd. and the world's largest manufacturer of heating, cooling, and refrigerant products, in the acquisition of ABCO HVACR Supply + Solutions, the leading full line distributor of HVAC and refrigeration systems and supplies in the Northeastern United States.
  • Riverside acquires USA InsulationJones Day advised The Riverside Company in the acquisition by its home services platform of USA Insulation, which provides residential and commercial insulation services and manufactures, distributes, and sells insulation and insulation-related products.
  • Citigroup obtains win in Ninth Circuit cross-appealsJones Day represented Citigroup Inc. in Ninth Circuit cross-appeals involving Salvador Villar, the former CEO of an affiliated bank, who was fired after an FDIC investigation revealed he engaged in misconduct.
  • ShareNett Holdings LLC establishes secondary liquidity securities trading platform and invests in ClearList Holdings LLCJones Day advised ShareNett Holdings LLC on broker-dealer regulatory issues for ShareNett's secondary liquidity securities trading platform, as well as its investment in ClearList Holdings LLC, parent company of ClearList LLC, a FINRA-registered broker-dealer and the operator of an alternative trading system for the secondary trading of private company securities.
  • Global systemically important bank (GSIB) conducts risk assessment to determine impact of LIBOR transition on enterprise-wide portfoliosJones Day is advising a GSIB with respect to enterprise-wide portfolios impacted by the LIBOR transition, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • Newell Brands completes $500 million public notes offeringJones Day represented Newell Brands Inc. in connection with a public offering of $500 million aggregate principal amount of 4.875% Notes due 2025.
  • ClearList Holdings LLC partners with Trellis Software for compliance and automation around complex private transaction investmentsJones Day advised ClearList Holdings LLC, the holding company for ClearList LLC, a digital trading platform created to transform price discovery of private company securities and provide liquidity for those securities, in a software license and service agreement with Trellis Software Inc., a company that helps issuers and fiduciaries navigate the private investment process with a digital platform to manage investor onboarding, KYC, document management and other regulatory processes.
  • Gilde Healthcare V raises €416 million for its venture and growth capital fundJones Day represented Gilde Healthcare in connection with the establishment of Gilde Healthcare V, a venture & growth capital fund that invests in digital and home health, medtech, diagnostics, research tools and instruments, and therapeutics.
  • Credicorp acquires Ultraserfinco in ColombiaJones Day advised Credicorp Holdings Colombia S.A.S. and Credicorp Capital Fiduciara S.A. in the acquisition of 100% of the capital stock of Ultraserfinco S.A. Comisionista de Bolsa.
  • Large U.S. regional bank seeks advice regarding LIBOR transitionJones Day is advising a large U.S. regional bank with respect to the impact of LIBOR transition on its corporate and commercial lending portfolios, including the development of new transaction templates, legacy portfolio review advice, and remediation advice related to expected amendment campaign.
  • Deltek acquires ComputerEaseJones Day advised Deltek, a subsidiary of Roper Technologies, Inc., a technology company that operates businesses that design and develop software and engineered products for global niche markets, in its acquisition of substantially all of the assets of ComputerEase, a provider of construction accounting software.
  • Fifth Third Securities acquires Coker Capital AdvisorsJones Day advised Fifth Third Securities, Inc., the investment banking unit of Fifth Third Bank, in its acquisition of Coker Capital Advisors, a healthcare focused investment banking firm.