David Shearer
UK Guide 2025
Band 4 : Capital Markets: Securitisation
Band 4
About
Provided by David Shearer
Practice Areas
David Shearer is a capital markets lawyer based in our London office. He focuses on securitizations, structured finance and covered bond transactions encompassing a range of jurisdictions, underlying asset classes (including residential mortgages, commercial real estate, auto loans, consumer receivables, trade receivables, corporate debt and whole businesses) and transaction structures. His clients include arrangers, issuers, originators and service providers.
His recent experience includes advising: Olympic Commercial & Tourist Enterprises Single Member SA (a joint venture between Koç Holdings (one of the largest conglomerates in Türkiye) and Avis Rent-a-Car, on a €186.4m securitization of auto leases; Attica Bank SA on a restructuring of existing NPL securitization; a UK specialist lender to small businesses on a COVID-19 financing accreditation and a number of warehousing facilities; a major international insurer on trade receivable and supply chain financing transactions (both as funder and as insurer); two securitizations of shipping loans (for Alpha Bank and Amsterdam Trade Bank, respectively); an international bank on its covered bond program; and Al Rayan Bank on the UK's first ever shariah-compliant RMBS transaction. David has also advised on the establishment of a number of covered bond programs (e.g. for National Bank of Greece, Alpha Bank and EFG Eurobank and Bank of Cyprus).
David has 28 years' experience of working for major law firms in New Zealand, England and Japan, with a particular focus on securitization since 1997. He was a partner with another major international law firm from 2002 to 2011, and joined Norton Rose Fulbright LLP as a partner in 2012.
Chambers Review
UK
David Shearer of Norton Rose Fulbright is a securitisation expert who stands out for his ability to advise clients in relation to covered bonds.
Strengths
Provided by Chambers
"David is very responsive and has an extremely good understanding of the challenges, both legal and commercial, involved in our business."
"David gives pragmatic advice and always offers an opinion."
"David is excellent and quick in his responses on very technical matters."
"David is very responsive and has an extremely good understanding of the challenges, both legal and commercial, involved in our business."
"David gives pragmatic advice and always offers an opinion."
"David is excellent and quick in his responses on very technical matters."