Orrick houses a top team for securisation work and is a popular choice for French banks for large and sophisticated transactions. The team notably assists with the setup, restructuring and extension of large securitisation programmes and FCT funds, as well as on the structuring of large public and synthetic securitisation transactions, spanning various assets including auto, trade receivables and LBO loans. The team is headed by the highly regarded Hervé Touraine and also includes Olivier Bernard, who is also an expert in this area. Of counsels Judith Rousvoal and Laure Seror provide additional support.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘Innovation. Long experience.’
‘The team is well staffed and shows a lot of flexibility and adaptability.’
‘Oliver Bernard combines excellent transactional skills and remarkable regulatory mastery, and knows how to demonstrate flexibility in handling files without compromising on the protection of his clients' interests.’
‘This team benefits from a high level of expertise and experience in securitization of several types of assets.’
‘Ability to listen to innovative arrangements and implement solutions. ’
‘Olivier Bernard has good listening skills and the ability to propose adapted solutions.’
‘Recognition in the field. Proven competence.’
‘Olivier Bernard stands out for his experience, his calm approach and his ability to resolve complex situations.'
Key clients
- Axa Banque
- BNP Paribas
- BPCE
- Crédit Agricole Consumer Finance
- Crédit Agricole Corporate and Investment Bank
- La Banque Postale
- Morgan Stanley
- Natixis
- Natixis Investment Managers International
- Société Générale
- Virtuo
- Fraikin
Work highlights
- Advising BPCE on the restructuring, extension and increase of the RMBS programme of Groupe BPCE, France’s second-largest banking group.
- Advised BNP Paribas and BNL in respect of a €1.4 billion synthetic securitisation deal for which the European Investment Fund (EIF) has issued a guarantee, guaranteed in turn by the European Investment Bank (EIB).
- Advising BNP Paribas on the restructuring and extension of a securitisation of a portfolio of SME loan receivables in France originated by BNP Paribas and worth circa €2 billion.
Lawyers
Hall of Fame
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Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Leading partners
The strongest partners in their field, leading on market-leading deals and endorsed by peers and clients alike.
Practice head
The lawyer(s) leading their teams.
Hervé TouraineOther key lawyers
Olivier Bernard, Judith Rousvoal, Laure Seror