Capital Markets: Securitisation | UK

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 advice on CLOs delivered by some of the world's foremost experts. Its 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 longstanding 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 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 span more esoteric assets and structures, with particular 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 for 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 thanks 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 advising on the securitisation aspects of large corporate transactions. It also continues to demonstrate prowess on 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. They also demonstrate the ability to guide clients in matters relating to specialised or emerging asset classes and have 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 in the 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 facility with 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 fields 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 and includes 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's 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.

Slaughter and May's capital markets practice is capable of advising on securitisations across a range of asset classes. In particular, the team advises corporate groups, financial institutions, governments and related sovereign entities. Its strengths span major asset classes as well as loan portfolio sales, and it frequently provides expertise in regulatory compliance and dispute resolution.

The experienced capital markets team at Ashurst is regularly sought after for advice on private and public securitisations. Knowledgeable across a range of asset classes, the firm stands out for its knowledge of ABS and RMBS transactions and offers complementary expertise in STS regulations and LIBOR cessation.

Baker McKenzie's capital markets team counts financial institutions and multinational corporates within its impressive client base. The team advises on transactions across a range of asset classes, and its strengths include advising corporate trustees and assisting clients with trade receivables securitisations. Notably, the firm is able to draw on its global network of offices to advise clients on cross-border mandates.

Dentons' securitisation practice is notable for its originator and arranger-side experience. The team displays strength across asset classes with capabilities in ABS, 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 on cross-border deals and 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 relation to CLOs, and it works with a full range of clients, including corporate groups, investment banks and funds.

The team at Reed Smith is adept across 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 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 advising on emerging markets matters. It is also notable for its expertise in regulatory issues as well as increasingly important areas of the market such as ESG compliance.