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Erica Ellafy

ISDA Advisory


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About Erica

Erica Ellafy leads the U.S. ISDA Advisory team for Chatham’s Regulatory Compliance Advisory practice. She reviews and negotiates derivatives documentation on behalf of Chatham’s private equity, infrastructure, corporate, and real estate clients. She brings extensive subject matter expertise in ISDA Agreements and related documents, as well as regulatory bilateral agreements. Erica also participates in various industry working groups related to smart contracts and development and digitization of trade documentation.

Prior to joining Chatham, Erica worked for five years in mortgage servicing compliance and default management, most recently with Specialized Loan Servicing in Denver. During law school she interned with the U.S. District Court and the U.S. Department of Homeland Security.

Erica received her Bachelor of Arts with Honors from Drury University, and her Juris Doctor from Ave Maria School of Law, where she was a member of the Law Review Editorial Board.



ISDA's IBOR Fallbacks Protocol FAQ

  • LIBOR Transition
ISDA released their 2020 IBOR Fallbacks Protocol and Supplement on October 23, 2020. To help you understand ISDA's final documentation, Chatham has provided an explanation of how these documents will affect your existing and future interest rate hedges.

LIBOR alternatives in loan documentation

  • LIBOR Transition
As market participants prepare for the unavailability of LIBOR, our experts discuss the resulting impact to borrowers' loans and derivatives documentation.

ISDA Agreements and the effects of COVID-19

Chatham’s team of ISDA negotiators and regulatory advisors provide answers to questions about the status of ISDA agreements in view of the COVID-19 pandemic — including termination events, how the pandemic affects LIBOR transition, and covers CSAs.


  • Regulatory Compliance Advisory


  • Juris Doctor (J.D.)

Related Team Members

  • Amanda Breslin

    Managing Director
    Chief Operating Officer

    Denver, CO

  • Amol Dhargalkar

    Managing Partner, Chairman
    Global Head of Corporates

    Kennett Square, PA

  • Joseph Siu

    Managing Director
    Global Head of Strategy

    Kennett Square, PA

View more team members

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