Patrick M.B.Clark (Paddy)

Associate

New York + 1.212.326.3957

Paddy Clark counsels clients on contentious and noncontentious matters, with a particular focus on litigation and regulatory investigations faced by the Firm's financial institution clients. His practice primarily focuses on advising on corporate governance and on defending financial institutions and their most senior executives and directors from regulatory actions, investigations, and litigation. His experience also includes representing clients in high-stakes, strategic commercial disputes across a range of other industry sectors such as technology, energy, consumer goods, pharmaceuticals, and resources.

Paddy's recent experience includes acting for the directors and executives of several major financial institutions in investigations and enforcement actions; acting for a foreign pension fund in various distressed investments in the United States; acting for a broker-dealer in a series of disputes and regulatory investigations related to the sale of distressed financial products; and acting for several corporations in cross-border disputes related to M&A transactions. Paddy also advises clients on litigation risks flowing from ESG (environmental, social, and governance) disclosures, and he has published a number of articles on these issues.

Paddy is an active contributor to Jones Day's pro bono efforts, particularly in the prevention of modern slavery and human trafficking and representing migrants in asylum proceedings through Jones Day's Border Project.

Experience

  • Pepper Global completes IPO of subsidiary, Pepper Money on ASXJones Day advised Pepper Global on the demerger and initial public offering (IPO) of its subsidiary, Pepper Money Limited, on the ASX.
  • Pepper Global restructures corporate groupJones Day advised Pepper Global, a leading diversified global loan servicer and lender, on a major restructure of its corporate group.
  • GetSwift completes re-domicile to Canada's NEO ExchangeJones Day acted as Australian legal advisor to GetSwift Limited in its "top hat" scheme of arrangement to create a new Canadian holding company and re-domicile from Australia to Canada, resulting in its delisting from ASX and a new listing on the NEO Exchange in Toronto.
  • Former IOOF Chairman successfully defends disqualification proceedings brought by APRAJones Day successfully defended George Venardos, a former director and Chairman of IOOF Holdings Limited ("IOOF"), in disqualification proceedings brought by the Australian Prudential Regulation Authority ("APRA") against directors and senior management of IOOF in the Australian Federal Court.
  • KPMG Australia acquires Ferrier HodgsonJones Day advised KPMG Australia in its acquisition of Ferrier Hodgson, a leading independent restructuring, turnaround and insolvency firm in Australia.
  • USG acquired by Gebr. Knauf for $7 billionJones Day advised USG Corporation in the acquisition by Gebr. Knauf KG ("Knauf") of all of the outstanding shares of USG in a transaction valued at $7 billion.
  • Bank of Queensland seeks counsel in Banking Royal Commission inquiryJones Day acted for Bank of Queensland Limited and its subsidiaries in the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry.
  • Former CEO defends Australian corporate regulator claimJones Day is acting for the former CEO of a metals and mining company in defending proceedings brought by the corporate regulator, the Australian Securities and Investments Commission ("ASIC"), in the Federal Court of Australia.