Paul Severs > Paul Hastings LLP > London, England > Lawyer Profile

Paul Hastings LLP
100 Bishopsgate
LONDON
EC2N 4AG
England
Paul Severs photo

Work Department

Corporate Department

Position

Paul Severs is a partner in the Finance and Securities and Capital Markets practices at Paul Hastings and is based in the firm’s London office. Mr. Severs has been involved in the European securities market since the early 1990’s. He has more than 25 years’ experience in the structured finance and securitisation markets. 

Most recently, Mr. Severs has been involved in advising funds establishing, acquiring and growing non-bank loan origination businesses and servicing platforms and acquiring associated loan portfolios. He advises on acquisition finance, growth capital, regulatory capital and compliance requirements. He also advises on asset acquisition and financing structures, warehouse financing and the securitisation and trading of loan assets. 

Mr. Severs has significant experience advising clients on JV and co‑investment structures and establishing new debt origination funds. He works closely with the Paul Hastings funds group. 

He has also been actively involved in advising clients purchasing assets, loans and companies from securitisation structures, related tender offers and exchange offers, voting rights in different parts of the capital structure and downgrade related issues. He advises noteholder steering committees and sponsors in the context of restructuring loans and capital markets financing transactions. 

Mr. Severs has experience in all the main financial asset classes including residential and commercial mortgages, consumer loans, and revolving credits. He has also advised extensively on whole business securitisations including infrastructure and utilities, leisure facilities, and nursing homes. 

Mr. Severs advises funds, arrangers, originators, trustees, rating agencies, swap counter parties, and entrepreneurs. Geographically, he has worked on transactions throughout Europe, Asia, and Japan. 

Prior to joining Paul Hastings, Mr. Severs was the head of Structured Debt and Capital Markets at another international law firm.

Education

  • University of Hull LLB 2:1
  • Guildford Law School 

Lawyer Rankings

London > Finance > Securitisation

(Leading individuals)

Paul SeversPaul Hastings LLP

Paul Hastings LLP has ‘very deep mortgage industry knowledge‘, giving it a strong platform for work on CMBS and RMBS transactions, though it is also a key player in CLO and NPL transactions. Miles Flynn, CLO specialist Cameron Saylor and Paul Severs (who ‘loves to solve commercial problems and is very good and coming up with pragmatic solutions that work for everyone‘) lead the practice. Saylor acted for Credit Suisse in the issuance of €400m of notes by Harvest CLO XXIX DAC, in the first Euro transaction in the market where a large Japanese bank acted as the sole AAA investor. Newly promoted structured credit partner James Baillie has a particular focus on CLOs, on which he advises issuers, originators, investment managers, lenders, and arrangers. He and Saylor are ‘great partners to work with always available‘. Up-and-coming partner Victoria Morton, who has ‘deep technical knowledge‘, worked with Severs to advise on the separation of Kensington Mortgage Company from group companies KHL and Kayl within the framework of 12 existing public securitisations and 3 private securitisations. Restructuring expert Mei Lian also has a key role in the practice.