Europe - France
1

Derivatives and structured finance

logo

Orrick

More informationMore information

Orrick is a reference in the securitisation space where the team advises leading financing institutions as well as some originators on large transactions, entailing the setting up of FCT, and synthetic securitisation as well as asset back lending and NPL portfolios transactions. The practice is regularly involved in some of the market’s largest deals and in ground-breaking and innovative transactions such as advising on the insurance securitisation transaction of insurance risks recently. Its range of work spans SME loans, as well as commercial, trade and auto leasing receivables. The practice also handles various other structured finance and factoring work. The team is headed by Hervé Touraine , with Olivier Bernard the other key member. They are ably supported by of counsels  Judith Rousvoal and Laure Seror  .

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘Olivier Bernard's team is a reference in securitisation, particularly of financial receivables.’

  • ‘Olivier Bernard; perfect knowledge of the securitisation market, practices and standards, very good organisationnal skills and endowed with unfailing calm.'

  • ‘Hervé Touraine's technical expertise is essential. The team is committed to innovating.'

  • ‘Judith Rousvoal and Hervé Touraine are a very technical duo and facilitate discussions during special situations by suggesting constructive solutions.'

  • 'High quality services, innovative team that is open to exchanges and to new forms of collaboration.'
  • 'Olivier Bernard and Laure Serror stand out for their listening capabilities.'
  • 'They are very knowledgeable in commercial and financing law. They are flexible and adapt to client's needs and demands. They work in a very efficient mode'
  • 'Judith Rousvoal is a senior lawyer which is very well prepared and is knowledgeable. Hervé Touraine has broad experience, a common sense and great capacity to adapt to clients' needs, demands and changes.'

Key clients

  • Axa Banque
  • BNP Paribas
  • BPCE
  • Crédit Agricole Consumer Finance
  • Crédit Agricole Corporate and Investment Bank (CRÉDIT AGRICOLE CIB)
  • La Banque Postale
  • Morgan Stanley
  • Natixis
  • Natixis Investment Managers International (AEW)
  • Société Générale
  • Virtuo
  • Fraikin

Work highlights

  • Advised client BPCE and Natixis as joint arrangers on the establishment of “BPCE Consumer Loans FCT 2024”, a €900 million public securitisation of consumer loans initiated by the BPCE Group.
  • Advised Natixis Investment Managers International and the BPCE group on the structuring and setting up of a €535 million direct lending fund which purport to mutualise the origination capacity of the BPCE group in the mid-size corporate lending space.  
  • Advised Crédit Agricole Corporate and Investment Bank as arranger, on the implementation for Crédit Agricole Leasing & Factoring of FCT CA Leasing 2023-1, their inaugural public auto and equipment lease securitisation,

Lawyers

Hall of Fame
The lawyers at the very top of the profession, widely known and respected by peers and clients for their longstanding involvement in market-leading work.
Hervé Touraine
Hall of fameOrrick
Leading associates
Leading associates with regular involvement in their team's key work, and recognition from peers or clients as being ones to watch.
Laure Seror
Orrick
Judith Rousvoal
Orrick
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 Touraine

Other key lawyers

Olivier Bernard, Judith Rousvoal, Laure Seror