AaronSeong

Associate

New York + 1.212.326.3758

Aaron Seong's practice centers on advising clients in energy, energy derivatives, and equity derivatives transactions. His experience includes representing corporations, financial institutions, developers, energy marketers, and other market participants in renewable energy transactions, including solar and wind power purchase agreements, virtual power purchase agreements, and methane capture projects. He advises financial institutions, investment funds, and corporations on negotiating and documenting equity derivatives transactions, such as accelerated share repurchases, prepaid variable share forwards, and total return swaps.

As part of his practice, Aaron also seeks to contribute to the development and improvement of industry standard transaction documentation. He was engaged by the International Swaps and Derivative Association (ISDA) to prepare the industry standard U.S. Renewable Energy Certificate (REC) Annex.

Experience

  • Goldman Sachs enters into accelerated share repurchase agreement with GoDaddyJones Day represented Goldman Sachs & Co. LLC in entering into an accelerated share repurchase agreement (ASR) with GoDaddy Inc. (GoDaddy) for GoDaddy to purchase $375 million of its own shares.
  • Goldman Sachs enters into prepaid variable share forward transactions with clients of its Private Wealth Management and Global Markets divisionsJones Day represented Goldman Sachs & Co. LLC in prepaid variable share forward (PVSF) transactions entered into with clients of its Private Wealth Management and Global Markets divisions.
  • Goldman Sachs enters into accelerated share repurchase agreement with Victoria's SecretJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Victoria's Secret & Co. (Victoria's Secret).
  • Goldman Sachs enters into accelerated share repurchase agreement with FedEx CorporationJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with FedEx Corporation.
  • Goldman Sachs enters into accelerated share repurchase agreement with LabCorpJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Laboratory Corporation of America Holdings (LabCorp).
  • BNP Paribas completes three-year total return equity swap agreement with JAB Holdings N.V.Jones Day advised BNP Paribas in connection with a three-year total return equity swap agreement with JAB Holdings N.V. (JAB Holdings) for up to 6.5 million shares of Krispy Kreme, Inc., one of JAB Holdings' portfolio companies.
  • Goldman Sachs enters into accelerated share repurchase agreement with Zions BankJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Zions Bancorporation, N.A. (Zions Bank).
  • Goldman Sachs enters into accelerated share repurchase agreement with Silicon LabsJones Day represented Goldman Sachs & Co. LLC in an accelerated share repurchase agreement (ASR) entered into with Silicon Laboratories Inc. (Silicon Labs).
  • ISDA publishes ISDA U.S. Renewable Energy Certificate AnnexJones Day advised the International Swaps and Derivatives Association, Inc. (ISDA) in the development of the ISDA U.S. Renewable Energy Certificate Annex (REC Annex) to enable market participants to efficiently sell and purchase renewable energy certificates (RECs) under the ISDA Master Agreement.
  • Major Indian pharmaceutical company resolves securities fraud class action relating to FDA warning letterJones Day resolved a class action lawsuit filed against a major Indian pharmaceutical company in federal court, alleging violations of the federal securities laws in connection with a warning letter issued by the U.S. Food and Drug Administration ("FDA") to the company.
  • SunPower closes sponsored spin-off of solar panel production operationsJones Day advised SunPower Corporation (NASDAQ: SPWR), one of North America's largest solar-panel makers, in a sponsored spin-off of its solar panel production operations into a new public company – Maxeon Solar Technologies – which will be headquartered in Singapore.
  • 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.
  • ACI Worldwide acquires Western Union's Speedpay U.S. domestic bill pay business for $750 millionJones Day advised ACI Worldwide, Inc. (NASDAQ: ACIW), a leading global provider of real-time electronic payment and banking solutions, in the $750 million acquisition and related financing of the Speedpay bill payment business of The Western Union Company.