David Shearer > Norton Rose Fulbright > London, England > Lawyer Profile

Norton Rose Fulbright

Work Department

Capital Markets



Lawyer Rankings

London > Finance > Securitisation

(Leading individuals)

David ShearerNorton Rose Fulbright

Norton Rose Fulbright ‘goes beyond doing the standard review of documentation and makes sure it provides real advice throughout the transaction journey‘. The firm is active in both public and private securitisations across a range of asset classes, including small business lending, trade receivables deals and equity release mortgages. It is also a key adviser on the new regulatory regime and shari’ah-compliant transactions. Transport and infrastructure are key areas of expertise for the firm, leading it to handle transactions in those sectors, though it is also active in larger markets such as UK and international RMBS for issuers, cash managers and trustees. The firm has a growing originator client base for funding programmes and highly complex transactions. David Shearer (who ‘provides the trust, confidence and subject matter expertise that a first-time issuer needs‘) leads the practice and specialises in securitisation, structured finance and covered bond transactions in asset classes including residential mortgages, commercial real estate, small business and consumer receivables. Sandrine Sauvel frequently advises arrangers, originators, trustees, rating agencies and monoline guarantors. Farmida Bi is recommended for her corporate trustee and service provider expertise, notably in restructuring and ABS transactions.

London > Finance > Derivatives and structured products

The firm is very pragmatic and technically capable with a high degree of commerciality and common sense‘, say clients of Norton Rose Fulbright. Heavily focused on transactional derivatives work, though also adept in the structured products space, the firm frequently handles new products and new markets, with work on new securities lending pledge documents just one example. It is also involved in highly innovative areas such as fintech, having advised banks on a new securities lending platform based on distributed lending technology (DLT). Peter Young leads the banking and capital markets group though the lead structured finance partners are Daniel Franks and Nigel Dickinson. Franks advises investment banks on derivatives, repos, stocklending, collateral, set-off, netting, structured products and regulatory capital and funding transactions. Dickinson is an OTC derivatives and structured products specialist known for swap bifurcations, TRS and repo financings, and repackaging transactions. Also recommended are Jonathan Herbst and Hannah Meakin for derivatives, as well as Sandrine Sauvel, David Shearer, Farmida Bi, Nicholas (Nick) Grandage and Peter Noble for structured finance.