Chambers Review
Provided by Chambers
Capital Markets: Securitisation: CLOs - USA
What the Team is Known For
DLA Piper LLP (US) boasts notable expertise in CLOs, having assisted with numerous transactions in the market. The firm has a strong team that is well placed to handle new issuances and extensive expertise in deal-related risk retention rules.
Strengths
"The firm has a very strong team of experienced professionals."
"DLA Piper is very commercial, with in-depth knowledge and experience in the CLO world."
"DLA handles complex matters with efficiency and draws on its resources and experience to distil large amount of information into clear and succinct messaging."
Work Highlights
DLA Piper LLP (US) acted as manager counsel to MC Credit Partners in the $401.12 million new issuance of Atlantic Avenue 2023-1Ltd. This deal represented MC Credit Partners' first ever CLO.
Notable practitioners
Claire Hall has significant experience on esoteric transactions, including matters involving music royalties.
"Claire takes into account business needs and knows how to navigate regulatory aspects."
"Claire is very constructive when working through problems."
"She is an excellent lawyer, she is good at identifying issues and explaining key points."
Richard Reilly regularly acts for financial institutions and other investors in CLO transactions.
"Rich is great to work with and extremely knowledgeable."
"He is a good problem solver."
"Rich fights hard for his clients and is always available to address any question at short notice."
Carlo Ingato provides excellent support to major investment managers on CLO transactions.
"Carlo is amazingly efficient and he is incredibly thorough."
