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DLA Piper

Living Wage
160 ALDERSGATE STREET, LONDON, EC1A 4HT, ENGLAND
Tel:
Work 0207 349 0296
Fax:
Fax 020 7796 6666
DX:
33866 FINSBURY SQUARE
Email:
Web:
www.dlapiper.com

Mark Dwyer

Tel:
Work + 44 20 7796 6005
Email:
Web:
www.dlapiper.com
DLA Piper LLP (US)

Work Department

Finance & Markets

Position

Head of London Finance & Markets - banking, capital markets and structured finance partner

Career

2015 - present - Partner, DLA Piper UK LLP
2005 - 2015 - Partner, Slaughter and May - Head of Derivatives, Chair of Legal Opinions Committee
1997 - 2015 - Associate - Slaughter and May
1995-1997 - Trainee - Slaughter and May

Languages

German

Education

BCL - University of Oxford, Lady Margaret Hall
LL.B. - University of Dublin,Trinity College


London: Finance

Acquisition finance

Within: Acquisition finance

'Very good across the board',¬†DLA Piper's 'responsive and well-organised' five-partner London team provides 'excellent value-for-money' to clearing banks including HSBC and Lloyds, as well as alternative capital providers such as Ares Management and Blue Bay Asset Management. Also able to leverage the expertise of numerous practitioners across the firm's regional offices, the team receives a significant deal flow in the mid-market.¬†As part of her broad-ranging banking and finance practice,¬†Julie Romer¬†regularly handles acquisition and leveraged finance deals for lenders and borrowers; she recently represented Silicon Valley Bank on the ‚ā¨37.75m funding of TA Associates‚Äô acquisition of ITRS from the Carlyle Group. The 'technically excellent'¬†Mark Dwyer¬†has a 'great commercial sense which enables him to advise on anything from minute details to big picture considerations'.¬†Dwyer is particularly focused on representing borrower clients of the firm on their financing considerations; he recently advised¬†Heineken on the ¬£340m of certain funds facilities in relation to its public takeover of Punch Taverns plc. Andy Kolacki¬†acts for lenders and borrowers in deals utilising both senior and subordinated capital structures, and is key member of the team that also includes experienced consultant¬†Maurice Allen.¬†Philip Crump¬†joined from¬†Gibson, Dunn & Crutcher¬†in September 2017.

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Bank lending: investment grade debt and syndicated loans

Within: Bank lending: investment grade debt and syndicated loans

Able to tap into strong institutional banking relationships with clearing banks including HSBC and Lloyds, as well as picking up a significant amount of direct lending work for alternative capital providers including Ares and BlueBay, DLA Piper is 'very good across a range of financing work'. Although it is best-known for its mid-market leveraged finance prowess, the firm regularly handles general corporate lending work for lenders and borrowers, including Heineken, which Mark Dwyer recently advised on the £340m of certain funds facilities to enable its public takeover of Punch Taverns plc. Dwyer also recently acted for Workspace Group plc on an extension of its financing facilities, including a new £100m revolving credit facility utilising its accordion option and the provision of a £50m bridge facility, as a bridge to its £200m issue of private placement notes. Julie Romer is also recommended.

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Debt capital markets

Within: Debt capital markets

DLA Piper has a versatile finance practice in London in which the partners handle a range of capital markets and structured finance transactions. The firm handled many first-of-a-kind and innovative deals in 2017, which included transactions involving fintech-related assets, social investment bonds and masala bonds. Capital markets specialist Ronan Mellon acted for Axis Bank Limited, Nomura International, SBICAP and Standard Chartered Bank in the INR30bn debut masala bond issued by the National Highways Authority of India. Mellon also handled the first Rule 144a deal by an Indian Bank in 2017, when he advised Citigroup Global Markets Singapore, HSBC and Standard Chartered Bank on the update of the US$5bn GMTN programme of Axis Bank. Mellon and Tony Lopez  also acted for St James's Oncology SPC Ltd and its investors, Aberdeen Infrastructure and Civis in the £261m bond refinancing of the oncology centre at the St. James’ University Teaching Hospital in Leeds. Also recommended are co-chair of the financial services group Vincent Keaveny, London head of finance and markets Mark Dwyer and global co-chair of finance and projects Martin Bartlam. Newly promoted partner Steven Krivinskas worked with Bartlam on a A$150m transaction in which issuer Places for People established an Australian MTN programme.

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Derivatives and structured products

Within: Derivatives and structured products

DLA Piper has a strong practice for US and European arbitrage CLOs, finance platform structuring for new challenger banks with fintech services, international derivatives mandates for multinational financial institutions, and loan portfolio transfers, and it climbs the ranking this year. The firm has 'a deep bench of associates who really know what they are doing', remarks one source. It also benefits from highly experienced partners including global co-chair of finance Martin Bartlam, who recently acted for Natwest Markets in the provision of balance guaranteed swaps into warehouse and securitisation transactions, including the Tower Bridge Funding No. 1 RMBS and the Dutch Property Finance 2017-1 RMBS, through its ATS platform. Vincent Keaveny is international co-chair of the financial services sector group and plays a pivotal role in the practice. He has more than 20 years' experience in advising banks, financial institutions and corporate clients in the UK and internationally on securitisation, derivatives, structured finance and debt capital markets transactions. London head of finance and markets Mark Dwyer is another standout practitioner and his work last year included advising an Asian bank on new ISDA master agreements, electronic trading documentation and a review of its cleared derivatives execution arrangements. Newly promoted partner Bryony Robottom has more than 10 years’ experience in structured finance matters including repo platforms, participation platforms, credit derivatives and securities lending arrangements. Another newly promoted partner, Steven Krivinskas, frequently acts for financial institutions and borrowers and has an increasing focus on transactions in the fintech sector.

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Securitisation

Within: Securitisation

DLA Piper¬†has 'a small team that produces quality work and delivers a high level of service'. The practice frequently acts for¬†multinational banks and financial investors in growth securitisation markets such as Poland and Portugal, as well as in the UK, with deals in a range of asset classes including¬†mortgages, auto loans, consumer loans, accounts, equipment and lease receivables. It also handles a steady flow of¬†US and European arbitrage CLOs and assists new challenger banks with fintech services on finance platform structuring. Global finance co-chair¬†Martin Bartlam¬†acted for UK specialist mortgage lender BlueZest in the establishment of a ¬£1.5bn platform for the issuance of secured retail bonds. Bartlam and legal director¬†Chris Godwin¬†'show great expertise and insight in this specialist area while being easy to engage with'. International co-chair of the financial service sector group¬†Vincent Keaveny¬†is 'knowledgeable and experienced in the field; he is up-to-date with all the latest developments and provides clear and direct solutions'. He acted for arranger HSBC Bank in a ¬£544m securitisation by MotoPark Finance plc of auto loans originated by FirstRand Bank Limited.¬†Ronan Mellon¬†is a key contact for CLOs, and his recent work included advising collateral manager Accunia Fondsm√¶glerselskab on the issue by Accunia European CLO II of ‚ā¨386m in notes. London head of finance and markets¬†Mark Dwyer¬†and newly promoted partner¬†Bryony Robottom¬†also play key roles in the practice.

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Legal Developments by:
DLA Piper LLP (US)

  • Sentencing guidelines for corporate manslaughter

    In February 2010 the Sentencing Guidelines Council (the SGC) issued definitive guidelines to courts on imposing appropriate sentences for corporate manslaughter and health and safety offences causing death. The SGC states that fines imposed on companies found guilty of corporate manslaughter should not fall below £500,000, while fines in respect of health and safety offences that are a significant cause of death should be at least £100,000. Crucially, the SGC declined to provide for a fixed link between the imposed fine and the turnover or profitability of the offending company.‚Ä©
    - DLA Piper UK LLP

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