Capital Markets: Securitisation | Global

A&O Shearman offers top-drawer counsel on the most sophisticated transactions and houses a deep bench of securitisation specialists. The team has partner expertise in all asset classes, including advising on collateralised loan obligations delivered by some of the world's foremost experts. The firm's lawyers are adept at handling regulatory and legislative changes, and their impressive client list includes market-leading international financial institutions.

Clifford Chance is recognised for its deep and long-standing relationships with well-known international financial institutions. Considered a market leader for securitisation transactions and active on transactions across both traditional and non-traditional asset classes, the team has noted experience in handling cross-border securitisations. The firm also offers in-depth national and transnational regulatory expertise, and maintains a wide international reach through its network of offices in Europe and around the world.

Linklaters fields a standout practice housing a deep bench of experts that advise on complex capital markets matters. Highly active across all areas of securitisation, the team engages in a large number of bespoke RMBS, CMBS and ABS transactions. Its capabilities also encompass more esoteric assets and structures, with deal experience including whole-business securitisations. The firm is also well placed to work with clients on regulatory issues and can do so on a multi-jurisdictional basis.

Hogan Lovells remains a key player in securitisation. The team undertakes a broad array of work, with notable expertise in mandates relating to the automotive sector. It maintains strong relationships with key financial institutions and attracts clients from the corporate and public sectors, particularly those that face heavy regulatory scrutiny.

Latham & Watkins is well equipped to handle a wide variety of cross-border deals owing to its network of international offices. In particular, it houses an accomplished securitisation group that regularly assists an impressive client list, including high-profile financial institutions as well as a notable CLO practice. The team's deals span a wide range of matters, including the securitisation aspects of large corporate transactions. It also continues to demonstrate prowess in transactions and regulatory matters in emerging markets.

Cadwalader fields a high-quality team known for its work on complex securitisations. The firm has notable strength with regard to ABS and, most prominently, CLO transactions. It also demonstrates the ability to guide clients in matters relating to specialised or emerging asset classes, and has in-depth knowledge of ESG-compliant assets. As well as its transactional work, the team is well positioned to advise on regulatory developments, including the effects of changes to US regulations on European markets, STS regulation and risk retention. Notable for the breadth of its client base, the firm frequently acts on behalf of mainstream banks, private equity funds and alternative lenders.

The securitisation offering at DLA Piper is sought out for its ability in complex transactions. Adept at mandates linked to lease receivables, forward flow transactions and unsecured consumer loans, the team also handles large-scale asset transfer and cross-border warehouse financing.

Herbert Smith Freehills has a respected capital markets group that advises a range of clients on high-value securitisation transactions. The team is strong in a variety of asset classes, ranging from ABS and RMBS to esoteric assets. Its work is broad in nature, including everything from advising mortgage originators on securitisations to helping new clients enter the market.

The team at Mayer Brown offers specialist advice on securitisations, including CMBS, RMBS and auto loan transactions. It also demonstrates experience in transactions involving esoteric assets, and is able to handle first-to-market transactions and complex regulations. The firm's global footprint enables it to advise on cross-border transactions and regulatory developments across European markets.

Simmons & Simmons' practice demonstrates strong capabilities across complex securitisations. The team is well regarded for its work on public securitisations for a range of clients, including banks and peer-to-peer lenders. The lawyers are especially active in the RMBS market and continue to demonstrate a keen understanding of ABS assets. As well as frequently advising on transactional matters, the group is well placed to assist with regulatory issues.

Addleshaw Goddard LLP draws praise from clients for its thorough understanding of the securitisation process. The team works in conjunction with its tax and real estate departments to offer a holistic service to its clients. Recent experience includes warehouse and car financings.

Dentons' securitisation practice is notable for its originator- and arranger-side experience. The team displays strength across asset classes, with capabilities in asset-backed securities, real estate-backed loans and international portfolio sales. The UK practice is ably supported by international offices, making it a strong choice for cross-border mandates.

The team at Morgan Lewis is recognised for its advice on securitisation transactions covering a wide range of asset classes, including residential mortgages, trade receivables and commercial loans. The firm draws on its global footprint and standout US practice when advising on cross-border deals. Key clients include financial institutions and private investment firms.

Paul Hastings has a proven track record of advising on sophisticated real estate securitisations. Widely praised for its strength in CMBS transactions, the team is particularly known for its representation of arrangers in cross-border deals, and for providing specialised guidance on topics such as RMBS transactions and fund-linked products. The London team also enjoys a healthy reputation for its expertise in CLOs, and works with a full range of clients including corporate groups, investment banks and funds.

The team at Reed Smith is adept at handling a range of securitisations, most notably those involving consumer loans, shipping loans and auto lease receivables. The group's clientele is diverse and includes originating companies as well as major financial institutions. International in scope, it can call upon capital markets lawyers around the globe to effectively service multi-jurisdictional mandates.

Weil, Gotshal & Manges is recognised for the breadth of its capital markets offering, with the most notable element being its CLO practice. Additional areas of expertise include securitisations of consumer assets, trade receivables, residential and commercial mortgages and esoteric assets. The team's key clients include high-profile issuers, arrangers and managers involved in international transactions.

White & Case works closely with its US and European counterparts on high-value CLOs. The team has strong cross-border abilities, with particular strength in advising on emerging markets matters. It is also notable for its expertise in regulatory issues, as well as in increasingly important areas of the market such as ESG compliance.