- Leading international banks: advising on the regulatory aspects and legal documentation in respect of structured finance and derivatives transactions.
- French leading banks and public entities: advising on the consequences of Brexit on their derivative documentation and adapting the relevant documentation.
- Leading international banks: assisting in relation to the implementation in France, but also in other European jurisdictions, of various regulatory obligations under, in particular, EMIR Rules.
- Leading international banks: advising on the negotiation of variation margin and initial margin arrangements under market standard agreements (in particular ISDA and FBF) to comply with new EMIR regulation. Julien has worked with clients to scope the requirements and to develop standardized variation margin and initial margin documentation tailored to the requirements of our clients and of their counterparties’.
- Association of European energy traders European Federation of Energy Traders (EFET): advising on the enforceability of contractual standards governing derivative transactions in electricity and gas and issuing the French market legal opinion in respect of their EFET documentation.
Expertise
Julien Bacus is a Partner in the Finance group of Addleshaw Goddard’s Paris office.
Julien Bacus is a recognized lawyer in the field of finance, capital markets and structured finance. Julien advises in respect of a wide range of financing activities in relation to a number of asset classes. He focuses, in particular, on derivative transactions covering different types of underlying assets. Julien has more specific experience in documenting these types of contracts as well as advising on issues relating to netting, collateral, the role of clearing houses and the implementation of new regulations applying to these products.
Julien's activity is also oriented towards restructuring. He advises his clients in financial difficulty on the restructuring of derivative transactions. He is also used to work with his clients on pre-litigation matters linked to derivative and structured finance transactions. In addition, he has extensive experience in the hedging of financing transactions (LBOs in particular) as well as financial regulation.
Julien has developed expertise with his clients in issuing debt products and various types of structured products. In this respect, he has been working both for different types of issuers, including financial institutions, corporates and sovereign entities.
Julien is also a University Professor associated at Le Mans University (Professeur des Universités associé) where he teaches financial and corporate law.
Experience
Education
- University of Paris II Panthéon-Assas, PhD in French Private Law, 1999
- French bar school, laureate, 1997
- University of Paris II Panthéon-Assas, Master 2 in Business Law, 1995
- University of Paris II Panthéon-Assas, Master 1 in Business Law and Taxation, 1994
Publications
- The new FBF master agreement on derivative transactions, June 2013, Professional client briefing
- Application of EMIR regulation to corporate, May 2013, Professional client briefing, Mai 2013
- Naked CDS: the ban and beyond, Professional client briefing, March 2012
- The difficulty of legal qualification of carbon credit, Option Finance, no. 897, 11 September 2006
- Financial Information: internet and the protection of investors, with F. Poudelet, Les Echos, 9 December 1999
- Litigation and stock market law, with Th. Gontard, Banque Stratégie, November 1997
Professional Memberships
- Paris Europlace: member of the financial law committee and of the restructuring committee
- Legal High Committee for Financial Markets of Paris: member of the committee on the legal feasibility of developing an interest rate derivatives clearing service in Paris
- International Swaps and Derivatives Association: member of various ISDA committees
- European Federation of Energy Traders (EFET): French counsel in charge of the drafting and publication of the market legal opinion
