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

Cadwalader, Wickersham & Taft LLP
DASHWOOD HOUSE
69 OLD BROAD STREET
LONDON
EC2M 1QS
England

Fund finance Tier 2

Cadwalader, Wickersham & Taft LLP's dedicated City fund finance team handles a full range of products, including capital call and subscription facilities, NAVs and hybrid lending, and innovative products such as portfolio backed facilities and GP lines. Clients include private equity funds, investment managers, and financial institutions. Key team members include Samantha Hutchinson, a specialist fund finance practitioner with strong fund and lender-side relationships; bank lending and loan finance expert Jeremy Cross ; and Nathan Parker, who advises private equity clients on financing joint ventures, restructurings, and acquisitions.

Testimonials

‘An excellent, large and well-established practice in the US which shares both clients and documentary practice/technology with the London practice, to their significant benefit’

‘Samantha Hutchinson is noted for funds finance work’

Securitisation Tier 2

Cadwalader, Wickersham & Taft LLP has a large securitisation practice with seven partners and two special counsel handling a range of work as broad as any firm in the City. From securitising traditional, niche or cutting-edge new asset classes to developing suitable structures to match the specific needs of clients as part of re-emergence of synthetic securitisation transactions, the firm is 'extremely knowledgeable, very commercial, responsive and cost-efficient and it has great depth'. The firm has a long track record of market-first transactions, either in terms of jurisdiction or underlying asset, and it continues to be involved in cutting-edge deals. It has one of the busiest CLO practices in the City and continues to be active in key asset classes such as CMBS, consumer loans and credit card receivables. The senior team comprises partner Suzanne Bell (who is 'a plain speaker who doesn't get caught up in jargon'), Robert Cannon (who is 'very technical and a great source of knowledge'), Stephen Day (who is 'a calming influence in complex negotiations'), the versatile Nick Shiren, and CLO specialists Claire PuddicombeDavid Quirolo and Daniel Tobias. The team was boosted by the arrival of Matthew Duncan from Morgan, Lewis & Bockius UK LLP in mid-2020.

Other key lawyers:

Testimonials

‘The firm is extremely knowledgeable in the area of receivables financing and securitisation. It provides excellent practical application and turnaround times with the added benefit of a vast network of international receivables financing lawyers to enable the execution of multi-jurisdictional deals.’

‘Suzanne Bell is a plain speaker and doesn’t get caught up in jargon in these complex deals. She is strong in negotiations, making well argued points and is at all times calm.’

‘The firm has strong securitisation expertise and it is very professional, providing excellent execution and follow-up.’

‘There is a constant feedback loop and they handhold the client whenever required. The interaction is pleasant and they are very professional, giving great background explanations for the client. There is a strong, female-led team and the standout partner is Suzanne Bell.’

‘They are frontrunners in securitisation with an extremely knowledgeable and very commercial team with great depth. They deal with clients and the other side very well. It is very cost-efficient and our “go-to” firm. It is very responsive when required to be.’

‘Stephen Day works well with the other side and is a calming influence in complex negotiations. He is very knowledgeable and understands various deal structures and works hard to achieve your desired objectives.’

‘Robert Cannon is very technical and a great source of knowledge.’

‘Cadwalader, particularly in Stephen Day and Suzanne Bell, has the premier experts in all things securitisation. What makes them stand out is their ability to craft creative and practical solutions that work for our business. The have a business acumen that many private practice attorneys lack.’

Key clients

Kroll Bond Rating Agency (KBRA)

Credit Suisse

Emil Frey

Swisscard AECS GmbH

Bank of America

Coöperatieve Rabobank U.A.

Cembra

Premium Credit Limited

Derivatives and structured products Tier 3

Cadwalader, Wickersham & Taft LLP is best known for its securitisation and CLO practices, with work for issuers, underwriters, and collateral managers in European CLOs putting it among the leaders in that portion of the structured finance market. It is also a key player in the insurance-linked securities market. David Quirolo (who is 'one of the top lawyers in the CLO space') represents banks, arrangers and asset managers in a variety of structured finance transactions including repackagings. He works closely with Daniel Tobias (who is 'very thoughtful and thinks through issues deeply') and Claire Puddicombe (who is ' very responsive, easy to reach and provides top-quality work'). Nick Shiren is a derivatives and structured credit specialist whose work includes CDS, credit-linked notes, TRS, currency and interest rate swaps. Robert Cannon's work includes CLOs and CDOs. Associate Alex Collins 'understands the commercial aspects of the transaction and can explain them succinctly'.

Other key lawyers:

Testimonials

‘David Quirolo is a well-regarded expert in the field and is generally on top of all the key issues and a real “go to” person for advice. He doesn’t just give you the legal headlines but thinks through the practical ramifications as well, as well as delivering a clear and balanced view.’

‘Daniel Tobias gives good practical advice and grasps the key issues well, as well as being very responsive.’

‘Cadwalader are top in the CLO field and to our understanding have seen the most number of EUR CLO transactions compared to any other law firm. Given their extensive experience, they are able to deal with a variety of situations and have a deep bench of lawyers to ensure continuity of service.’

‘David Quirolo is very knowledgeable, one of the top lawyers in the EUR CLO space and has seen many different transactions not just CLOs so can provide useful context. Has advised from a CLO manager perspective and arranger perspective and so can see multiple sides of an argument. He can be relied on to provide a coherent view and so therefore provides good clarity to make decisions. Given the uncertainty of transactions in the current market environment, he has been very commercial which is appreciated.’

‘Claire Puddicombe is knowledgeable and easy to work with. She understands the commercial aspects and can be relied on to manage the transaction well from a deal perspective. Claire is very responsive, easy to reach and provides top-quality work whilst working to deadlines.’

‘Associate Alex Collins is a great lawyer to work with. He understands the commercial aspects of the transaction and can explain succinctly to the business so that a view can be taken efficiently. Alex is approachable and easy to work with – quick to respond to emails and easy to reach via phone. He works well to tight deadlines. His responsive communication and regular updates ensure that miscommunications are rare and therefore deals proceed smoothly.’

‘Daniel Tobias is very thoughtful and thinks through issues deeply. We’ve often seen him when there are novel structures in place or when we are trying to work through a point in detail, and his thorough explanations are very helpful to understand the structure and potential risks.’

Key clients

MUFG Securities EMEA plc

Lloyds Bank Corporate Markets plc

UnipolSai Assicurazioni S.p.A.

NatWest Markets Plc

GreensLedge Capital Markets Europe LLP

Willis Re Securities

Natixis

Fraud: white-collar crime (advice to individuals) Tier 3

Cadwalader, Wickersham & Taft LLP launched its white-collar defence and investigations group at the start of 2020 with the hires of  Mark Beardsworth and Kevin Roberts, from Brown Rudnick LLP and Morrison & Foerster LLP respectively. Beardsworth is well-versed in the defence of serious fraud and criminal matters, and often handles cases involving the SFO, HMRC, FRC and Environment Agency. Roberts is noted for his regulatory compliance and investigations work; and often deals with regulators, including the FCA, MHRA, HSE and SFO.

Other key lawyers:

Testimonials

‘Mark Beardsworth is an excellent lawyer to work with; very responsive and client-friendly’.

‘Mark Beardsworth brings a strong UK white-collar crime pedigree to the firm’.

‘United for the first time in the same firm, the highly respected Mark Beardsworth and Kevin Roberts now form a powerhouse dynamic’.

‘Mark Beardsworth and Kevin Roberts bring finesse, sure-footed advice and an utterly exceptional service to their clients’.

‘They are enormously charismatic in their approach to the work they do’.

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

Cadwalader, Wickersham & Taft LLP’s white-collar defence and investigations group was established in January 2020 from a standing start. Mark Beardsworth and Kevin Roberts, who joined from Brown Rudnick LLP and Morrison & Foerster LLP, respectively, co-head the team. Beardsworth is well-regarded for the defence of serious fraud and criminal matters, and is well-versed in dealing with regulators including the SFO, FCA, HMRC and FRC. The practice also has experience dealing with money laundering compliance and investigations, anti-corruption and regulatory compliance, asset-tracing and recovery, tax investigations and fraud.

Corporate tax Tier 5

At Cadwalader, Wickersham & Taft LLP, the group specialises in tax structuring for complex corporate and financing transactions, mainly in the UK and US. It is noted as 'a standout team' for securitisations and collateralised loan obligations. Practice head Adam Blakemore is an expert in a variety of financing transactions, including securitisations, hybrid capital issuances, repackagings and credit-linked instruments. Catherine Richardson, who is an international tax expert, was promoted to special counsel in 2020.

Practice head(s):

Other key lawyers:

Testimonials

Practical, timely and cost efficient advice. Exceptionally knowledgeable and user friendly. Takes time to explain tricky tax consequences.’

They seek to interrogate the documents and seek to improve all aspects of the tax focus. They are keen to understand the tax landscape, the risks and optimal commercial solutions do dealing with them. In the CLO and Structured Finance space, they are a standout team.’

Excellent responsiveness and knowledge of applicable UK and EU laws.’

Adam Blakemore has exceptional expertise – can work on complex esoteric transactions.’

Key clients

HPS Investment Partners

CLOs

Fund Financing

East London Business Alliance (Pro-Bono)

Triple Negative Breast Cancer Foundation (Pro-Bono)

Catastrophe / Reinsurance Bonds

MUFG Securities

International arbitration Tier 7

Cadwalader, Wickersham & Taft LLP's 'diversified and easy to work with' London international arbitration and dispute resolution team is led by experienced practitioner Melis Acuner. The group is notably active across the energy, telecoms, media, construction, banking and finance, insurance and pharmaceuticals sectors. Special counsel Simon Walsh joined from Skadden, Arps, Slate, Meagher & Flom (UK) LLP.

Practice head(s):

Other key lawyers:

Testimonials

‘Melis Acuner is first rate, with excellent client handling skills and an ability to get on top of a deal of detail.’

‘The team is diversified and easy to work with.’

‘Cadwalader’s international arbitration team has substantial experience for complex cross-border arbitration cases.’

‘Melis is a great lawyer to work with in international arbitration.’

Key clients

Crescent Petroleum Company International Limited

Dana Gas PJSC

Property finance Tier 7

A new practice in the London market, Cadwalader, Wickersham & Taft LLP  has picked up a number of investment and development finance mandates from UK and European banks and lenders. Duncan Hubbard, who joined from Norton Rose Fulbright, leads the practice and has been very active in advising funds on their pan-European property portfolios.

Practice head(s):

Testimonials

‘The real estate finance team is knowledgeable, pragmatic and efficient.’

‘Duncan Hubbard is very client focused. He provides the level of transaction partnership and leadership that clients need on large and complex transactions, but which can sometimes be hard to find.’

Key clients

Münchener Hypothekenbank eG

Invesco

AEW

Blom Bank

Civitas

Corporate restructuring & insolvency Tier 8

Cadwalader, Wickersham & Taft LLP's London restructuring offering may not be the force it once was but it still has a number of US-qualified lawyers able to work with funds clients  and collaborate with the New York office on cross-border mandates. US-qualified partner Gregory Petrick heads up the team and splits his time between London and New York.

Practice head(s):

Other key lawyers:

Key clients

MBIA

Toisa Limited (Informal Ad Hoc Secured Lender Committee)

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

Types of work undertaken
Capital markets: leading global advisor and innovator in structured finance, securitisation and derivatives, including auto and credit card securitisation, collateralised loan obligations, marketplace lending and fintech, insurance-linked securities, mortgage-backed securities, receivables finance and warehouse lending.

Corporate: specialises in acting for private equity and distressed financial sponsors on all aspects of their investments, including cross-border M&A, stressed and distressed investments, loan-to-own transactions, restructurings, high yield and general corporate matters.

International arbitration: 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.

International dispute resolution: offering advice and services to clients, including international corporations, financial institutions, investment firms and individuals appearing before foreign and domestic arbitration tribunals, with a distinct focus on high-value, complex commercial and financial disputes.

Financial restructuring: represents debtors, secured and unsecured lenders, bondholders, creditors’ committees, borrowers, asset purchasers and other distressed entities. Broad capabilities in transactions, litigation and structuring deals to preserve and enhance value.

Financial services: broad experience in financial law-related statutory and regulatory requirements, including those governing broker-dealers, securities and future exchanges, banks, investment advisors and funds. Counsels clients on issues affecting ERISA, executive compensation and benefits.

Fund finance: 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: commercial, complex financial products, insurance, international and securities practice handles disputes for financial institutions, corporations, and their officers and directors in state and federal courts throughout the US and in the UK, as well as in proceedings before administrative and regulatory agencies and international tribunals.

Real estate: advises many of the world’s largest investment banks, commercial banks, insurance companies, and mortgage banks, as well as pension funds, separate accounts and savings and loan associations, in their varied roles as issuers, sponsors, underwriters, investors and lenders to buyers and sellers of real estate assets and companies. Applies its expertise to the complete spectrum of real estate transactions, including financings, acquisitions, sales and exchanges, development, construction, joint ventures, loan syndications and participations, management, and leasing.

Tax: 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.

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 Jeremy Cross jeremy.cross@cwt.com +44 (0) 20 7170 8530
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
Photo Name Position Profile
 Melis Acuner  photo Melis Acuner Melis Acuner is a partner in Cadwalader’s London office, and has extensive…
Mr Mark Beardsworth photo Mr Mark Beardsworth Mark Beardsworth is a partner in Cadwalader’s White Collar Defense and Investigations…
 Suzanne Bell  photo Suzanne Bell Suzanne Bell is a partner in the Capital Markets Group in Cadwalader’s…
 Adam Blakemore  photo Adam Blakemore Adam Blakemore is a Tax partner in Cadwalader’s London office. He advises…
 Robert Cannon  photo Robert Cannon Robert Cannon is a partner in the Capital Markets Group in Cadwalader’s…
 Jeremy Cross  photo Jeremy Cross Jeremy Cross is a partner in the Fund Finance Group in Cadwalader’s…
 Assia Damianova  photo Assia Damianova Assia Damianova is special counsel in the Capital Markets Group in Cadwalader’s…
 Stephen Day  photo 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…
Mr Michael  Gwydir  photo Mr Michael  Gwydir Michael Gwydir is a special counsel in the Financial Services Group in…
 Duncan Hubbard  photo Duncan Hubbard Duncan Hubbard is a partner and leading international real estate finance lawyer…
 Samantha Hutchinson  photo Samantha Hutchinson Samantha Hutchinson is a partner and advises both financial institutions and private…
 Sabah Nawaz  photo Sabah Nawaz Sabah Nawaz is a special counsel in the Capital Markets Group in…
 Richard Nevins  photo Richard Nevins Richard Nevins is partner in Cadwalader’s London Financial Restructuring Group. Richard focuses…
Mr Michael Newell  photo Mr Michael Newell Mike Newell is a partner in Cadwalader’s Financial Services Group, resident in…
 Nathan Parker  photo Nathan Parker Nathan Parker is a partner in the Finance Group in Cadwalader’s London…
 Gregory Petrick  photo Gregory Petrick Gregory M. Petrick, chair of Cadwalader’s Financial Restructuring Group and Managing Partner…
 Claire Puddicombe  photo Claire Puddicombe Claire Puddicombe is a partner in Cadwalader’s Capital Markets Group, resident in…
 David Quirolo  photo David Quirolo David Quirolo is a partner in Cadwalader’s Capital Markets Group, resident in…
Ms Catherine  Richardson  photo Ms 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…
 Nick Shiren  photo Nick Shiren Nick Shiren is a partner in the Capital Markets Group, resident in…
 Michael Sholem  photo Michael Sholem Michael Sholem is a special counsel in the Financial Services Group in…
 Daniel Tobias  photo Daniel Tobias
 Joanna Valentine  photo Joanna Valentine Joanna Valentine is partner in the Corporate Group at Cadwalader. Her practice…
 Simon Walsh  photo Simon Walsh Simon Walsh is special counsel in Cadwalader’s Global Litigation Group. He focuses…
Number of partners : 102
Number of other fee-earners : 315