Dechert LLP’s securitisation capabilities span CLOs, rated note feeders, repo securitisations, and other structures. John McGrath acts for banks and buy-side clients on a range of performing and non-performing financial products, often involving the restructuring of securitisations and other structured financings. Commercial mortgage-backed securitisations and securitised lending are particular areas of experience for Richard Pugh. James Jirtle advises issuers, arrangers, and investors on compliance with European securitisation regulatory requirements.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Testimonials
Collated independently by Legal 500 research team.
- We have been using Dechert for CLOs. The work quality is exceptional, with great expertise, a long track record, and experience with the product, along with active senior partner coverage and attention.
- The head CLO partner in Europe, Sushila Nayak, is exceptional, commercial, and able to focus on the key issues to get things done and over the line. She has long experience and a track record across securitized markets in Europe and the US and can bring a varied perspective on any issues encountered.
- Aaron Scott is very considerate and user-friendly. He is well-supported by the hard-working and capable Rory O'Connor.
Key clients
- Barings LLC
- Ares Management Limited
- Fidelity CLO Advisers LP
- Palmer Square Europe Capital Management LLC
- Morgan Stanley International plc
- Deutsche Bank
Work highlights
Advised Barings on the launch of a multicurrency private credit CLO, Barings Euro Middle Market CLO 2025-1 DAC.
Advised Ares on their second European Direct Lending CLO.
Advised Ares as Primary Capital Holder in StepStone’s Historic USD $3.1bn Structured Solutions Vehicle.
Other key lawyers
John McGrath; Richard Pugh; James Jirtle