Ivan Loncar 

Partner – New York
T.+1 212 504 6339
ivan.loncar@cwt.com
200 Liberty Street
New York, NY 10281 V-CARD

Ivan Loncar, co-chair of the Financial Services Group, focuses his practice on derivatives, structured finance and municipal finance (including distressed municipal finance).

Ivan represents dealers, banks, and other financial institutions in connection with (i) unfunded derivatives involving a wide range of products (e.g., interest rate swaps, credit default swaps, total return swaps, commodity swaps, etc.) and counterparty types and (ii) funded derivative products (e.g., credit linked notes and other structured notes, repackaging transactions, market access trades, etc.). He also has extensive experience with the structuring of derivatives product companies and the repackaging of swap receivables, capital relief trades (CRTs) and other structured transactions that combine securitization techniques and derivative products.

Ivan also represents creditors in connection with tax-exempt and taxable financings by U.S. state and local governments and non-for-profit corporations, including the work out and restructuring of transactions with distressed municipal entities (both in and out of bankruptcy court proceedings). He has extensive experience with credit facilities, liquidity facilities, financial guarantee insurance policies, interest rate swaps, forward delivery agreements and other reinvestment contracts relating to such financings. He also has deep knowledge of secondary market municipal financial products, including municipal tender option bond programs and other securitizations of municipal debt.

Ivan is regularly ranked as a leading lawyer in derivatives and structured finance in legal directories, including Chambers Global, Chambers USA, Legal 500 US, IFLR 1000 and The Best Lawyers in America. Ivan was recognized as the 2025 Lawyer of Year for Derivatives and Futures Law by The Best Lawyers in America and has also been recognized by Legal 500 US as a leading lawyer in municipal bankruptcy. Notably, Ivan has been described by clients in Chambers USA as “tremendous” and "incredibly thoughtful and knowledgeable," and in Legal 500 US as “simply outstanding” in the municipal derivatives field and as an “expert in fixed income and credit derivatives and structured financial products.” Ivan is part of the Capital Relief Trade (CRT) team which the  Financial Times recently awarded with its highest “standout” honor for its 2024 Innovative Lawyers North American awards, and Structured Credit Investor named Cadwalader as a finalist for its 2023 and 2024 Capital Relief Trades Awards Law Firm of the Year awards. Ivan was also part of the team that was named 2020 Regulatory Team of the Year by IFLR Americas.  

Ivan is active in the International Swaps and Derivatives Association (ISDA) and Structured Finance Association (SFA) and was the co-chair of the SFA’s Derivatives in Securitization Task Force.

Ivan received his LL.B. from University of Belgrade School of Law and his LL.M. from Columbia University School of Law. He is admitted to practice in the State of New York.