Firm Profile > Cadwalader, Wickersham & Taft LLP > London, England

Cadwalader, Wickersham & Taft LLP
100 Bishopsgate
LONDON
EC2N 4AG
England

Finance > Securitisation Tier 2

The partners at Cadwalader, Wickersham & Taft LLP have 'exceptional technical expertise, always go out of their way for clients'. The firm has a heavyweight practice in structured finance and securitisation with eight partners, three special counsel and more than 15 associates focused on a range of transactions from the traditional to the cutting-edge. The firm frequently handles innovative transactions in the European ABS market. Years after opening the market for public Swiss auto lease transactions, the firm recently advised Cembra Money Bank AG on its latest securitisation for such assets. It has a deep bench of specialists, among them Suzanne Bell, who is 'very experienced, calm, solutions-driven and great to deal with', and who frequently acts for bank clients. Stephen Day focuses predominantly on cross-border transactions, while the ' accessible, user-friendly and patient' David Quirolo is a leading name in the CLO market, as is Claire Puddicombe, who has 'a deep knowledge of complex regulation'.  Matthew Duncan, who joined from Morgan, Lewis & Bockius UK LLP in 2020, has a track record of market-first mortgage-backed transactions, and Robert Cannon focuses on CDOs, CLOs, mortgage securitisations and commercial paper conduits.

Practice head(s):

Suzanne Bell; Robert Cannon; Stephen Day; Matthew Duncan; David Quirolo; Nick Shiren; Daniel Tobias; Claire Puddicombe

Other key lawyers:

Sabah Nawaz

Testimonials

‘The CWT team really are a class of their own in this area. Have exceptional technical expertise, always go out of their way for us and one of the few law firms we have full confidence in, which is so important for in-house lawyers to have that confidence. Rob Cannon and Stephen Day stand out.’

‘I love working with the team – particularly Sabah Nawaz, Nick Shiren and David Quirolo. A great group and super knowledgeable.’

‘Sabah Nawaz stands out. Sabah has a positive, can-do attitude and is hardworking. We approach Sabah to help us on our structured real estate matters as we know she will always deliver.’

‘Sabah Nawaz has a positive approach, always available and helpful.’

‘When we first approached CWT to act for us on a new loan note programme, we had zero experience in this sector. We had a strong relationship with the fund finance team and knew that the securitisation team would share the specific strengths that we recognise being commerciality, attention to detail, value for money and stakeholder management.’

‘David Quirolo and Sabah Nawaz were accessible, user-friendly and patient with significant market knowledge and always had precise answers to questions which were often rather random!’

‘An excellent partner in Suzie Bell and a super team of associates to run with the day-to-day matters and close transactions. Very experienced in this type of transaction, with a deep knowledge of overseas laws and a network of firms to use to complement them.’

‘We have been working with Claire Puddicombe for several years and frequently mandate CWT on transactions because we want Claire to be leading such transactions. She has a deep understanding of CLO documentation and in particular, has a strong understanding of all three elements we rely on our counsel for – commercial, legal and regulatory. It is this thorough understanding alongside her client-centric approach to transactions that results in our preference to work with Claire on at least one live transaction at all times!’

Key clients

Premium Credit Limited

Coöperatieve Rabobank U.A.

Bank of America

Emil Frey

Credit Suisse

Santander

ALAG Leasing AG

CEVA Logistics

BNP Paribas

Cembra Money Bank

Investment fund formation and management > Fund finance Tier 2

Cadwalader, Wickersham & Taft LLP advises a wide range of major international banks and credit providers, including credit funds, as well as institutional fund managers, on an array of complex fund financing matters. The team handles subscription, capital call, NAV, and hybrid facilities, and offers significant expertise in multi-jurisdictional arrangements, SMA and joint venture financing, and ESG-focused facilities. The team is led by the ‘innovative‘ and ‘persuasive‘ Samantha Hutchinson, who has been active in the fund finance space since its inception, and regularly handles complex cross-border financings and loan structuring matters, and Nathan Parker, who advises financial institutions and market managers. Associate Mathan Navaratnam is noted for his role in market-leading European financings, and broader role promoting diversity within the firm.

Practice head(s):

Samantha Hutchinson; Nathan Parker

Other key lawyers:

Testimonials

Comprehensive practice, available to advise on all matters within fund finance including new-to-market innovative structures.

Sam Hutchinson has exceptional awareness of the market and its participants. Able to give clear advise on complex structuring issues pertinent to funds/GPs/etc.

Nathan Parker has worked on multiple deals with us. Always keen to find a pragmatic solution to issues, and very good to have on more complex deals given his ability and obvious very high level of experience. Very conscious of costs and sticking to it.

The fund finance team at CWT is a market leader in providing all variants of fund finance solutions. Samantha Hutchinson and her team are our go to adviser of choice for complex, bespoke transactions.

Samantha Hutchinson – always available, sharp, innovative, persuasive and a pleasure to partner with.

Key clients

Standard Chartered PLC

OakNorth Bank

Silicon Valley Bank

Investec Bank

Crime, fraud and licensing > Fraud: white-collar crime (advice to individuals) Tier 3

At Cadwalader, Wickersham & Taft LLP, Mark Beardsworth and Kevin Roberts jointly lead the white-collar defence and investigations department, which garners praise for its ‘exceptional knowledge’ and ‘creative thinking’. Both practice heads bring over 45 years of combined white-collar defence experience and are among the best-known names when it comes to investigations and prosecutions brought by the SFO, the FCA and the HMRC; this has turned the practice into a top destination for senior executives and high-net-worth individuals following its launch at the beginning of 2020. The team places a special emphasis on complex multi-jurisdictional investigations involving allegations of bribery and corruption, money laundering, as well as complex fraud; its cross-border strength is additionally bolstered by the firm’s reputation in the US. Mutual legal assistance and extradition issues, sanctions matters, and private prosecutions are also among the group’s fortes. The practice is also noted for its firepower at associate level; Shruti Chandhok and former barrister Charlotte Glaser are singled out as rising stars, while Duncan Grieve is also a key team member.

Practice head(s):

Mark Beardsworth; Kevin Roberts

Testimonials

‘Exceptional knowledge. Creative thinking. Great expertise in this area.’

‘Very smart and patient lawyers.’

‘Mark Beardsworth is one of the standout white-collar crime practitioners in the UK.’

‘Shruti Chandhok and Charlotte Glaser are excellent lawyers. Focused, smart and experienced.’

‘Kevin and Mark both joined less than two years ago. Mark is a highly pragmatic practitioner and is excellent in representing both companies as well as individuals. He brings a world of experience in relation to serious and complex fraud cases. Kevin Roberts has a strong background in terms of fraud litigation as well as strong pedigree in white-collar crime. He is great for both civil and criminal matters, which is always something to admire.’

Finance > Derivatives and structured products Tier 3

Cadwalader, Wickersham & Taft LLP has ‘a very talented and experienced team that offers not only valuable insights into structuring aspects, but also drives innovation in the market‘, according to clients. Although best known for its work for both managers and arrangers on CLO transactions, the firm also handles a range of structured finance matters, including insurance-linked securities. For example, key partner Robert Cannon acted for Italian insurer UnipolSai Assicurazioni in the issuance of €100m in catastrophe bonds offered to US and non-US investors under Rule 144A. David Quirolo and the ‘hardworking, approachable and helpfulSabah Nawaz are adept in the establishment of high-value structured note programmes. Claire Puddicombe, Nick Shiren and Daniel Tobias are heavily involved in the CLO market, though Shiren is also a recognised expert in credit default swaps, credit-linked notes, total return swaps, and a host of other derivatives transactions.

Practice head(s):

Robert Cannon; Claire Puddicombe; David Quirolo; Nick Shiren; Daniel Tobias

Other key lawyers:

Sabah Nawaz; Alex Collins

Testimonials

‘The team is very experienced, offering not only valuable insights into structuring aspects, but also drives innovation in the market. Given the size of the team and the number of deals that Cadwalader work on, they are an invaluable source of recent developments in the sector and always stay on top current market trends.’

‘Cadwalader’s team is always dedicated, hard working and maintain high standards. David Quirolo, Dan Tobias and Claire Puddicombe are the pre-eminent experts in the field. Other team members, including Sabah Nawaz, are a pleasure to work with, offering helpful advice at every step and maintain the highest standards of professionalism.’

‘CWT is a highly relevant law firm in the CLO market through their participation on both the manager and arranger side. Furthermore, their active role in raising industry awareness and standards, and engagement with the regulators, make them an invaluable partner to our firm.’

‘Work ethic, thoroughness and availability make CWT a highly sought after partner. They are able to balance clients needs with legal requirements in a highly pragmatic way. For me, what makes CWT truly stand out is their long term, people based approach. They always seek to please us as their client and value the partnership and relationships over all else.’

‘A very talented and experienced team.’

‘Claire Puddicombe is always doing an excellent job’

Key clients

UnipolSai Assicurazioni S.p.A.

Achmea Reinsurance Company N.V.

MUFG Securities EMEA plc

Investment fund formation and management > Real estate funds Tier 3

Cadwalader, Wickersham & Taft LLP's team has a wealth of expertise in all the intricacies of fund formation, restructuring and management. In addition, it  advises established and start-up fund managers on a variety of real estate investments. Of particular note is the firm's work on innovative residential property funds, including social housing, shared ownership, and buy-to-let. The team is led by Michael Newell, who advises fund managers and institutional investors on fund formations, investments and secondary transactions, as well as regulatory issues, such as AIFMD implementation.

Practice head(s):

Michael Newell

Testimonials

Good knowledge of sector and commercial norms and compliance. All round knowledge and good ability to work with and manage external (eg overseas) teams where required.

Mike Newell is the most available legal partner I have worked with, making time to call back to discuss points when necessary rather than brief emails. His knowledge/experience is extensive and he is particularly impressive where cross border structures are required.’

FInger is very close to the pulse on features that will and will not be acceptable, allowing us to efficiently structure a product for the market.

Key clients

Greencoat UK Wind Plc

Greencoat Renewables Plc

Risk advisory > Regulatory investigations and corporate crime (advice to corporates) Tier 3

Less than two years after it launched in London, Cadwalader, Wickersham & Taft LLP's white-collar defence and investigations practice garners praise for its ‘significant breadth of expertise’. The team focuses on regulator and internal investigations into allegations of bribery and corruption, fraud and money laundering; in particular, it regularly advises multinational corporations on their interactions with authorities such as the SFO, the FCA and the HMRC, in addition to authorities overseas including the DOJ. Spearheaded by the highly regarded duo Mark Beardsworth and Kevin Roberts, the practice also stands out for its strength advising clients on sensitive issues arising in relation to more challenging jurisdictions; its cross-border offering is enhanced through collaborating with its US presence.

Practice head(s):

Mark Beardsworth; Kevin Roberts

Testimonials

‘Strength in depth of knowledge and experience.’

‘Significant breadth of expertise in this practice area.’

‘Kevin Roberts is an outstanding tactician with superb judgement; he combines this with excellent client skills and, equally importantly, a great sense of humour.’

‘Mark Beardsworth is a standout in this area. His skill is in preparation and then making things go away!’

Mark Beardsworth is at the top of his game in his chosen area of specialism.

Corporate and commercial > Corporate tax Tier 5

Cadwalader, Wickersham & Taft LLP has an 'extremely knowledgeable' tax team and displays particular expertise in handling tax structuring work relating to multi-jurisdictional corporate and financings transactions. The 'highly experienced' Adam Blakemore leads the practice and advises on a range of financing transactions including securitisations, repackagings and hybrid capital issuances. Special counsel Catherine Richardson is also noted and has a broad UK and international tax practice.

Practice head(s):

Adam Blakemore

Other key lawyers:

Testimonials

The Cadwalader tax team are ahead of the pack! They are at the forefront of delivering cutting-edge tax advice on precedent-setting deals and act for all large financial institutions and market operators on a wide variety of credit deals.’

Adam Blakemore is extremely knowledgeable and has a strong grasp of both direct and indirect taxation! Catherine Richardson is a rising star!

The team are extremely knowledgeable on all areas related to my specific area of concern, taxation of institutional real estate investment funds and the advantages and disadvantages of the range of available fund structures from a tax perspective.’

Adam Blakemore is a highly experienced and extremely knowledgeable tax expert in the field of institutional investment funds, recognised and respected by peers as an industry leader.’

Adam Blakemore and Catherine Richardson deserve specific mention. They are a pleasure to work with, always interested in finding the best solution for clients, complimented by excellent technical knowledge and depth of experience.’

Key clients

Greencoat UK Wind Plc

MUFG Securities EMEA plc

CLOs

Fund Finance

Standard Chartered PLC

East London Business Alliance

Hudson Executive Capital – Cardtronics plc

Investment fund formation and management > Private funds Tier 5

Cadwalader, Wickersham & Taft LLP focuses on impact investment and green infrastructure funds, alongside growth equity and venture capital, particularly green tech funds. The team, led by Michael Newell, works with a combination of established and start-up managers, alongside institutional investors, on fund formation and secondary transactions in areas such as renewable energy and technology, alongside mainstream private equity. Associate Jack Kelly specialises in social infrastructure and renewable energy work.

Practice head(s):

Michael Newell

Other key lawyers:

Michael Gwydir ; Paolo Del Val

Testimonials

‘This team is excellent, very close to the operational teams to try to better understand the stakes of an operation for their client.’

‘Michael Gwydir, Michael Newell and Paolo Del Val have a very high technical level and are very pleasant to work with.’

‘Michael Gwydir is a creative lawyer with very good commercial sense. He has an excellent technical and practical knowledge of the market. He is also a fine negotiator with good listening and advisory skills. To me he is to the private funds practice what Christiano Ronaldo is to football’

Key clients

GP Bullhound Fund V SCSp

Consortium of PROPARCO; Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V. (FMO); Obviam AG; CDC Group

Real estate > Property finance Tier 7

Cadwalader, Wickersham & Taft LLP's practice advises lenders and corporate clients on UK and pan-European real estate finance transactions across asset classes including hotels, commercial and residential properties, and healthcare and logistics centres. Practice head Duncan Hubbard is strong in handling cross-border investment and development portfolios.

Practice head(s):

Duncan Hubbard

Other key lawyers:

William Lo; Livia Li

Testimonials

‘Cadwalader has not only structured our whole transaction to a large extent, but also has organised the cooperation among the various law firms. During this transaction, a number of unexpected problems have arisen, which needed immediate attention and creative solutions. The Cadwalader team has managed all these challenges in a highly professional manner. As the transaction has become much more complex than expected, Cadwalader has been flexible with regard to billing.’

‘The property finance team is well known to us. They are quick in providing support.’

‘Duncan Hubbard has a quick and easy approach to solving conflicts. During ongoing and sometimes difficult negotiations, he is always a great support.’

‘Duncan Hubbard was the driving force of the deal. His professionalism, exceptional problem-solving skills and calmness proved to be very valuable. William Lo and Livia Li also contributed greatly to the success of the transaction. Duncan and William have always been available as reliable partners, acting quickly and proactively.’

Key clients

Civitas Social Housing Finance Company 5 Limited

The Firm: Cadwalader, Wickersham & Taft LLP, established in 1792, serves a diverse client base, including many of the world’s premier financial institutions, funds, Fortune 500 companies and other leading corporations, and individual private clients. The firm has earned a reputation for crafting innovative business and financial solutions, and developing precedent-setting legal strategies to achieve clients’ goals.

Main Areas of Practice:

Capital Markets: The team is widely recognised as a premier global legal advisor and innovator in securitisation and structured finance. It represents investment banks, issuers, funds and private equity sponsors in structuring and executing transactions across a broad array of structured products and assets, including ABS, CLOs, CMBS, CRE CLOs, ILS, RMBS, structured workout financings and whole sale loans.

Corporate: Cadwalader  represents companies, financial institutions, private equity firms and other investors across the full spectrum of complex negotiated and hostile corporate transactions, including mergers, acquisitions, joint ventures, divestitures and spinoffs, as well as public and private debt and equity securities offerings, both shareholder activism and takeover preparedness, and related corporate governance and securities law matters.

International Arbitration: The London team represents clients in UK and cross-border international arbitration, including arbitrations under ICC, LCIA, SIAC, UNCITRAL and ad hoc rules, primarily focusing on the financial services, technology, telecoms and energy sectors. The team is noted particularly for managing large, complex cases, including cross-border disputes involving jurisdictional, procedural and enforcement complexity.

International Dispute Resolution: Our London-based dispute resolution team has extensive experience in litigation, arbitration, antitrust, risk management and regulatory investigations. They offer advice and services to clients, including international corporations, financial institutions, investment firms and individuals in the UK, Europe, the Middle East and further afield.

Financial Restructuring: Cadwalader regularly represents debtors, secured and unsecured lenders, bondholders, creditors’ committees, borrowers, asset purchasers and other distressed entities. It also has broad capabilities in transactions, litigation and structuring deals to preserve and enhance value.

Financial Services: The firm counsels clients on statutory and regulatory requirements, including those governing broker-dealers, securities and futures exchanges, banks, investment advisers and funds. It advises hedge funds and asset managers on structuring funds and raising capital. It also represents issuers, dealers and end-users on complex derivatives and structured products transactions.

Fund Finance: Cadwalader’s market-leading practitioners regularly representing the agents, lead arrangers and lenders on different investment facilities, such as subscription credit and capital call, NAV-based, hybrid, open-end fund, HNW, aftercare and umbrella, to real estate, private equity and other investment funds.

Global Litigation: Cadwalader’s full-service, transatlantic litigation team handles all aspects of dispute resolution, including negotiation, mediation and arbitration. Its trial practice helps clients successfully navigate enterprise-threatening litigation with confidence. It protects and defend our clients in a broad range of strategic areas, including antitrust, corporate and financial services litigation and regulation, and intellectual property.

Real Estate: The firm’s premier real estate finance team represents financial institutions and investors in the origination of securitized and balance sheet mortgage and mezzanine loans, syndicated loans and construction loans secured by virtually all property types, including hotel, office, retail, healthcare, multi-family and industrial properties, ranging from single, trophy assets to multi-asset, multi-state and whole-company transactions, as well as the sale of mortgage and mezzanine loans in the secondary market, co-lender and intercreditor agreements, servicing and loan workouts, and restructurings.

Tax: Cadwalader’s tax practice pioneers innovative tax structures that drive complex deals, advising on the taxation aspects of structuring domestic and cross-border corporate and financing transactions, including securitisations, hybrid capital issuances, repackagings, credit-linked instruments, stock lending arrangements and a variety of financial products.

White Collar Defense & Investigations: Cadwalader’s London White Collar and Defense team is known for focusing on the defence of serious fraud and criminal matters and has been involved in prosecutions brought by the Serious Fraud Office, the Financial Conduct Authority, HM Revenue and Customs and the Financial Reporting Council. These cases are often complex, high profile and international in nature. The team conducts internal investigations for corporates, regulators and other entities and advises companies and their directors on governance issues. They have extensive experience in respect of benchmarking investigations and prosecutions, cross-border share trades and withholding tax investigations.

Department Name Email Telephone
Managing Partner Patrick T Quinn pat.quinn@cwt.com +1 212 504 6067
London Managing Partner, Financial Restructuring Gregory M Petrick gregory.petrick@cwt.com +44 (0) 20 7170 8688
Capital Markets Suzanne Bell suzanne.bell@cwt.com +44 (0) 20 7170 8549
Capital Markets Robert Cannon robert.cannon@cwt.com +44 (0) 20 7170 8735
Capital Markets Stephen Day stephen.day@cwt.com +44 (0) 20 7170 8535
Capital Markets Claire Puddicombe claire.puddicombe@cwt.com +44 (0) 20 7170 8533
Capital Markets David Quirolo david.quirolo@cwt.com +44 (0) 20 7170 8635
Capital Markets Nick Shiren nick.shiren@cwt.com +44 (0) 20 7170 8778
Capital Markets Daniel Tobias daniel.tobias@cwt.com +44 (0) 20 7170 8630
Corporate Joanna Valentine joanna.valentine@cwt.com +44 (0) 20 7170 8640
Financial Services Michael Sholem michael.sholem@cwt.com +44 (0) 20 7170 8545
Fund Finance Samantha Hutchinson samantha.hutchinson@cwt.com +44 (0) 20 7170 8580
International Arbitration and Dispute Resolution Melis Acuner melis.acuner@cwt.com +44 (0) 20 7170 8575
Tax Adam Blakemore adam.blakemore@cwt.com +44 (0) 20 7170 8697
White Collar Defense and Investigations Mark Beardsworth mark.beardsworth@cwt.com +44 (0) 20 7170 8570
Capital Markets Matthew Duncan matthew.duncan@cwt.com +44 (0) 20 7170 8730
Real Estate Duncan Hubbard duncan.hubbard@cwt.com +44 (0) 20 7170 8525
Financial Services Michael Newell michael.newell@cwt.com +44 (0) 20 7170 8540
Fund Finance Nathan Parker nathan.parker@cwt.com +44 (0) 20 7170 8568
White Collar Defense and Investigations Kevin Roberts kevin.roberts@cwt.com +44 (0) 20 7170 8590
Photo Name Position Profile
Ms Melis Acuner  photo Ms Melis Acuner Melis Acuner is a partner in Cadwalader’s Global Litigation practice, resident in…
Mr Mark Beardsworth photo Mr Mark Beardsworth Mark Beardsworth is a partner in Cadwalader’s White Collar Defense and Investigations…
Ms Suzanne Bell  photo Ms Suzanne Bell Suzanne Bell is a partner in the Capital Markets Group in Cadwalader’s…
Mr Adam Blakemore  photo Mr Adam Blakemore Adam Blakemore is a Tax partner in Cadwalader’s London office. He advises…
Mr Robert Cannon  photo Mr Robert Cannon Robert Cannon is a partner in the Capital Markets Group in Cadwalader’s…
Mr Alexander Collins photo Mr Alexander Collins Alex Collins is a special counsel in the Capital Markets Group in…
Ms Assia Damianova  photo Ms Assia Damianova Assia Damianova is special counsel in the Capital Markets Group in Cadwalader’s…
Mr Stephen Day  photo Mr Stephen Day Stephen Day is a partner in the Capital Markets Group, resident in…
Mr Matthew Duncan  photo Mr Matthew Duncan Matthew Duncan is a partner in the Capital Markets Group in Cadwalader’s…
 Michael  Gwydir  photo Michael  Gwydir Michael Gwydir is a special counsel in the Financial Services Group in…
Mr Duncan Hubbard  photo Mr Duncan Hubbard Duncan Hubbard is a partner and leading international real estate finance lawyer…
Ms Samantha Hutchinson  photo Ms Samantha Hutchinson Samantha Hutchinson is a partner in Cadwalader’s London office. She advises both financial…
Ms Sabah Nawaz  photo Ms Sabah Nawaz Sabah Nawaz is a special counsel in the Capital Markets Group in…
Mr Richard Nevins  photo Mr Richard Nevins Richard Nevins, a Senior Counsel, practices in Cadwalader’s Financial Restructuring Group. He…
Mr Michael Newell  photo Mr Michael Newell Mike Newell is a partner in Cadwalader’s Financial Services Group, resident in…
Mr Nathan Parker  photo Mr Nathan Parker Nathan Parker is a partner in the Finance Group in Cadwalader’s London…
Mr Gregory Petrick  photo Mr Gregory Petrick Gregory M. Petrick, chair of Cadwalader’s Financial Restructuring Group and Managing Partner…
Ms Claire Puddicombe  photo Ms Claire Puddicombe Claire Puddicombe is a partner in Cadwalader’s Capital Markets Group, resident in…
Mr David Quirolo  photo Mr David Quirolo David Quirolo is a partner in Cadwalader’s Capital Markets Group, resident in…
 Catherine  Richardson  photo Catherine  Richardson Catherine Richardson is a special counsel in the Tax Group in Cadwalader’s…
Mr Kevin Roberts  photo Mr Kevin Roberts Kevin Roberts is a partner in Cadwalader’s White Collar Defense and Investigations…
Mr Nick Shiren  photo Mr Nick Shiren Nick Shiren is a partner in the Capital Markets Group, resident in…
Mr Michael Sholem  photo Mr Michael Sholem Michael Sholem is a partner in the Financial Services Group in Cadwalader’s…
Mr Daniel Tobias  photo Mr Daniel Tobias
Ms Joanna Valentine  photo Ms Joanna Valentine Joanna Valentine is partner in the Corporate Group at Cadwalader. Her practice…
Mr Simon Walsh  photo Mr Simon Walsh Simon Walsh is special counsel in Cadwalader’s Global Litigation Group. He focuses on…
Number of partners : 106
Number of other fee-earners : 415