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Cadwalader, Wickersham & Taft LLP

DASHWOOD HOUSE, 69 OLD BROAD STREET, LONDON, EC2M 1QS, ENGLAND
Tel:
Work 020 7170 8700
Fax:
Fax 020 7170 8600
Email:
Web:
www.cadwalader.com
Brussels, Charlotte, Houston, London, New York, Washington DC

London: Corporate and commercial

Corporate tax
Corporate tax - ranked: tier 6

Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP's team is led by Adam Blakemore , who has particular expertise in the tax aspects of structuring domestic and cross-border finance transactions. Highlights included advising Citigroup Global Markets on a $483.8m credit tenant lease financing in Ausstria, which involved knowledge of tax law in the UK and several EU jurisdictions. The group also acted as tax advisors to Neyber on the UK securitisation of salary-deduct consumer loans.

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London: Dispute resolution

Banking litigation: investment and retail
Banking litigation: investment and retail - ranked: tier 6

Cadwalader, Wickersham & Taft LLP

'One of the rising forces in London', Cadwalader, Wickersham & Taft LLP's financial services litigation and regulation London team was established in late 2016; it focuses on investment and financial services disputes for investment banks as well as hedge and sovereign wealth funds. The team acted for Goldman Sachs International in complex multi-party, multi-jurisdictional proceedings arising out of the transfer of assets and liabilities of Banco Espirito Santo in Portugal to a bridge bank, Novo Banco, including the legal effect of resolutions of the member state’s central bank on the transferability of a substantial loan. Steven Baker, formerly the head of Bird & Bird LLP's London dispute resolution group, is 'a first-rate litigator who is very well organised, calm under pressure, has excellent judgement and is a good choice for any large-scale litigation'. Jenna Rennie and Janaki Tampi are the associates to note.

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Commercial litigation
Commercial litigation - ranked: tier 8

Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP is 'a rising presence due to its recruitment of the heavy-hitting Steven Baker', who  is 'a good choice for any large-scale litigation'. The practice is focused on high-value, complex commercial and financial disputes.

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London: Finance

Corporate restructuring and insolvency
Corporate restructuring and insolvency - ranked: tier 6

Cadwalader, Wickersham & Taft LLP

Following the departure of former team head Yushan Ng and several other key practitioners including Karen McMaster in January 2018, Cadwalader, Wickersham & Taft LLP 's team is now headed by Gregory Petrick  and remains closely aligned to funds clients out of London, as well as on deals emanating from the firm's US headquarters. Alongside the 'excellent' Richard Nevins and with considerable input from New York, Petrick recently advised an ad-hoc group of senior convertible noteholders on the complex $1.1bn restructuring of Roust Corporation. Special counsel Nathan Parker is also recommended.

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Derivatives and structured products
Derivatives and structured products - ranked: tier 3

Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP  is 'outstanding in all respects', according to one client. CLOs are a major feature of the practice, which is a leading counsel to arrangers. London capital markets partners David Quirolo, who is a leading light in the CLO market, Nick Shiren and Claire Puddicombe are the key contacts. The firm is also known for its alternative finance and fintech practice, which handles direct lending and SME loans, and it is a prominent adviser in the European peer-to-peer lending market. Jeremiah Wagner leads that group. Special counsel Robert Cannon handles insurance-linked products and one client notes that he is 'super-proactive and always available; his knowledge of ILS structures is unrivalled'. He acted for Willis Tower Watson Securities and Natixis as arrangers and bookrunners in the first catastrophe bond transaction sponsored by French mutual insurer Covéa. Special counsel Assia Damianova specialises in derivatives, synthetic securitisations, regulatory capital relief trades, TRS facilities and also has extensive experience of asset management issues.

Next generation lawyers

Robert Cannon - Cadwalader, Wickersham & Taft LLP

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Securitisation
Securitisation - ranked: tier 2

Cadwalader, Wickersham & Taft LLP

Cadwalader, Wickersham & Taft LLP¬†is a market leader in CLOs, thanks in no small part to the expertise of¬†David Quirolo¬†and¬†Nick Shiren;¬†together they worked on¬†189 transactions as arranger and manager counsel.¬†Jeremiah Wagner¬†advised Premium Credit Limited¬†on Europe‚Äôs first public insurance premium loan securitisation, which involved innovative elements¬†to account for the specifics characteristics of this asset class. Another key deal saw Wagner act for Citigroup Global Markets in the first credit tenant-lease financing in Austria, which involved the issuance of notes backed by a lease with the State of Lower Austria based on its headquarters and the state parliament. Wagner also acted for arranger Deutsche Bank in a $200m¬†warehouse securitisation of international MBA student loans originated by Prodigy Finance.¬†Stephen Day¬†acted for Santander Consumer Finance in a ‚ā¨700m¬†securitisation of Finnish hire purchaser receivables, which included a novel double SPV structure. Also recommended are¬†Daniel Tobias¬†for CLOs;¬†special counsel¬†Suzanne Bell, who is a core member of the ABS practice;¬†special counsel¬†Claire Puddicombe,¬†who handles¬†securitisations, repackagings, and European CLOs; and¬†special counsel¬†Robert Cannon, who focuses on insurance-linked securities.

Leading individuals

David Quirolo - Cadwalader, Wickersham & Taft LLP

Jeremiah Wagner - Cadwalader, Wickersham & Taft LLP

Stephen Day - Cadwalader, Wickersham & Taft LLP

Next generation lawyers

Suzanne Bell - Cadwalader, Wickersham & Taft LLP

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