Deemple Budhia > Russell McVeagh > Auckland, New Zealand > Lawyer Profile

Russell McVeagh
VERO CENTRE
48 SHORTLAND STREET
AUCKLAND 1010
New Zealand

Work Department

Banking and Finance

Position

Partner

Career

 

Deemple specialises in debt capital markets and offers clients significant experience on securitisation (including covered bonds) and structured finance, financial markets regulation (including consumer credit) and derivatives. She is a trusted advisor to major banks, listed companies and government clients, and is regarded by her clients and peers as a focused partner and confident communicator.

Deemple is an expert in navigating clients through complex financial transactions, recently acting for UDC Finance on New Zealand’s largest non-bank warehouse and term securitisations. She has also advised on the establishment of numerous securitisation and covered bond programmes and issuances under those programmes, as well as the establishment of the New Zealand Local Government Funding Agency which she continues to act for on all its funding arrangements. She has also assisted a number of major banks on recent changes to NZ’s consumer credit laws.

Deemple has co-authored The International Capital Markets Review 9th Edition; the Securitisation chapter for Chambers and Partners 2021 Global Practice Guides; and The Law Review’s Virtual Currency Regulation Review 3rd Edition.

Prior to joining Russell McVeagh in 2009, Deemple spent several years in London working in the securitisation team at Allen & Overy and then as an originator in Citibank’s European commercial property and securitisation team. She was admitted to practise in New Zealand in 1998.

Memberships

Deemple is a member of the New Zealand sub-committee for the Australian Securitisation Forum, and a member of the NZ Markets Disciplinary Tribunal (NZMDT) – an independent regulatory body that ensures the integrity in our markets is maintained through determining whether an issuer or market participant has breached NZX’s market rules.

Education

LLB (Hons), BA, University of Auckland.

Lawyer Rankings

New Zealand > Banking and finance

(Leading individuals)

Deemple BudhiaRussell McVeagh

Unrivalled by its breadth of knowledge, availability and ability to solve complex finance issuesRussell McVeagh‘s corporate and acquisition financing practice demonstrates strong capability on bond issuances, securitisation, refinancings and debt restructuring. National practice group chair Guy Lethbridge is widely recognised for his expertise in debt capital markets and the regulation of banks, insurers and other financial institutions. ‘Highly competentDeemple Budhia is likewise a key figure in this field; she recently acted for ANZ on the sale of UDC Finance and established UDC’s $2bn securitisation programme. John Powell is ‘completely on top of all areas of banking and securities law’, and similarly, up-and-coming partner Tom Hunt is ‘very knowledgeable and fully understanding of his clients’ needs’, and is also active in corporate financing. David Weavers is another figure for corporate finance and alternative credit segment, and is active on funds formation mandates for new private credit platforms.