University of Illinois College of Law, J.D., cum laude, 1999

  • Notes Editor, University of Illinois Elder Law Journal

University of Illinois, B.S., Business Administration, cum laude, 1995


Illinois, 1999

Walt Draney is a Partner in the firm’s Corporate and Securities Group and has been practicing law since 1999 when he joined Chapman and Cutler LLP.

Walt works in the corporate securities area, with an emphasis on traditional securities transactions. He represents a wide range of clients in the structuring and negotiation of public and private securities transactions, including underwriting arrangements, mergers and acquisitions agreements, disclosure documents, registration with the SEC and listing on NASDAQ and the NYSE. He also advises publicly held companies, including investment companies, bank holding companies, public utilities and traditional manufacturers in corporate governance matters, including proxy materials, periodic reports required to be filed with the SEC and ongoing disclosure and securities law matters. In addition, Walt has extensive experience representing registered investment advisers and funds registered under the Investment Company Act of 1940 and has worked with attorneys throughout the firm in structuring transactions to fall within exemptions from the Investment Company Act and Investment Advisers Acts.

Representative Transactions

  • Designated counsel to underwriters in connection with common stock offerings and senior note offerings of NYSE-traded energy company
  • Counsel to agents/underwriters in connection with medium-term note program of public utility company
  • Counsel to NYSE closed-end investment companies in connection with initial public offerings and shelf registration follow-on offerings of common stock
  • Company counsel in connection with common stock offerings and trust preferred securities offerings of a NASDAQ Global Select listed bank holding company
  • Counsel to US rail holding company in senior notes and debt exchange offerings
  • Counsel to publicly traded bank holding company in stock merger transaction
  • Counsel to index provider and sales agent in connection with exchange-traded note offering of global financial holding company
  • Counsel to issuers and broker-dealers in connection with equity-linked certificate of deposit and structured notes offering programs of global financial holding companies
  • Counsel to energy sector closed-end investment company in connection with master limited partnership PIPES transactions