RMBS, private securitisations, and CRE loans form part of Morgan, Lewis & Bockius UK LLP’s work for a broad range of high-profile clients. Leading the London team, Theresa Kradjian handles portfolio sales, bespoke structured finance transactions, and other financing-related matters for private equity and asset management clients. Multi-jurisdictional securitisations are a key area for Merryn Craske, who advises banks, private equity firms, and alternative investment funds on asset classes including auto loans, trade receivables, and dealer floorplan receivables. Noted for her strong focus on EU and UK securitisation regulation, Dasha Sobornova acts for arrangers, investment managers, and corporate service providers on complex structured finance transactions.
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Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: NPS ®
Key clients
- Avenue Capital
- Bank of America
- Merrill Lynch International
- BNP Paribas
- Capitolis Advisors
- J.P. Morgan
- NewDay Cards
- Santander
Work highlights
Acted as counsel to Merrill Lynch International (as Arranger and Joint Lead Manager) and Barclays Bank PLC, Deutsche Bank AG, London Branch, and HSBC Bank plc (as Joint Lead Managers) on Virgin Money/Clydesdale Bank’s issuance of £300 million Series 2025-1 notes under Clydesdale’s Lanark RMBS master trust programme.
Acted as US counsel to NewDay Funding Transferor Limited in respect of NewDay Funding Master Issuer plc's Series 2025-2 issuance of £380 million in notes backed by credit card receivables related to NewDay Limited's direct-to-consumer credit card programme.
Retained by Pepper Money and affiliates (as originator, seller and servicer) as designated Arranger and Joint Lead Managers’ counsel in connection with the Castell 2025-1 RMBS. Matter value is £422 million.
Lawyers
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
Theresa Kradjian
Other key lawyers
Merryn Craske; Dasha Sobornova