McDermott Will & Emery UK LLP
At McDermott Will & Emery UK LLP, ‘the team’s work ethic is very strong and you can be sure you’ll be getting a good work product’. The firm joins the ranking on the strength of its work for financial institutions as trustees in major debt transactions. Practice head Ranajoy Basu, who also leads the firm’s India desk, is a key adviser on impact financings and sustainability-linked bonds. Basu and Siddhartha Sivaramakrishnan, who works in both London and Singapore, recently acted for Basileia Investment Holdings UK Limited with an English law review of a ZAR1bn MTN Programme and the first series of bonds issued under the programme. Priya Taneja also plays a key role in the practice and her knowledge of emerging markets transactions a major boon. Clients note that she ‘throws herself headfirst into her work and is able to work through problems in a way that benefits the client’. The broader practice continues to expand, with the addition of Vladimir Maly from Morrison Foerster in July 2023, bringing extensive experience in equity-linked capital market transactions.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
- 'The team's work ethic is very strong and you can be sure you'll be getting a good work product.'
- 'Priya Taneja is a superstar! She throws herself headfirst into her work and is able to work through problems in a way that benefits the client.'
‘The MWE team is extremely responsive and thorough. Partners are heavily involved and provide practical solutions’
‘Ranajoy Basu is a standout partner. Ranajoy offers excellent advice, is always available and understands every detail. Ranajoy is particularly commercial - offering high quality legal advice with practical solutions too. This has proven invaluable in negotiating complicated structures with competing interests.’
'Well respected, capable and responsive team that focuses on advising trustees and agents in a variety of debt capital markets, ranging from high yield debt, private placements, exercises of discretion and restructurings. This practice is compact but high impact. Ranajoy Basu and Priya Taneja work hand in hand to deliver thoughtful comments that help move forward to close deals. I would look to them as a collaborative agency counsel.'
'Priya Taneja is a standout who provides value add and helps close matters successfully.'
Key clients
- Barclays Bank plc
- Basileia Investment Holdings UK Limited
- BNP Paribas
- British Asian Trust / Ground-breaking Skills India Impact Bond.
- Citibank, N.A., London Branch
- CSC Trustees Limited
- La Hoja Capital Management LLC
- Deutsche Bank AG, London Branch, Deutsche Bank Trust Company Americas
- Global Loan Agency Services
- Madison Pacific
- H.I.G./Heliodor 2021 Direct Lending Limited
- HSBC
- IQEQ (Isle of Man) Limited
- IQ EQ Trust Company (Jersey) Limited
- Kroll
- Mazda Motor Europe GmbH
- Wilmington Trust (London) Limited and Wilmington Trust National Association
- Olympic Entertainment Group
- PT Pertamina EP Cepu
- ReNew Energy Global Plc
- The Bank of New York Mellon
- The Law Debenture Trust Corporation p.l.c.
- U.S. Bank Trustees Limited
- Vistra (Cayman) Limited
- Wenger Plattner
Work highlights
- Assisted Basileia Investment Holdings UK Limited with an English law review of a ZAR1 billion Medium Term Note Programme and the first Series issued under the Programme under a pricing supplement for the issuance of ZAR167 million Floating Rate Notes.
- Acted as German and English legal counsel of Mazda Motor Europe GmbH (“MME”) with respect to a transaction under which MME and other entities from the Mazda group would sell receivables arising from the sale of Mazda vehicles to dealers in various jurisdictions in Europe to an SPV.
- Provided securities law advice to Olympic Entertainment Group on a consent solicitation for bondholders to consider certain amendments to amend and extend the terms of Olympic’s €200 million senior secured notes issued by Odyssey Europe Holdco S.ar.l. Olympic Entertainment Group is a leading provider of gaming services in the Baltic States.
Practice head
The lawyer(s) leading their teams.
Ranajoy Basu