McDermott Will & Emery UK LLP is particularly active on the trustee side, though it also has a broad issuer and underwriter practice. Head of structured finance and capital markets Ranajoy Basu, who also leads the firm’s India desk, ‘easily understands and interprets challenging information’. Siddhartha Sivaramakrishnan, who works in both London and Singapore, acts for APAC and EMEA investment bank underwriters, issuers, and vendors in capital markets transactions. Newly promoted Priya Taneja has ‘great knowledge of the industry, and makes things easy and clear to understand’. ESG and social impact financings are also the firm’s forte.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • 'We've worked with McDermott for a long time, so we know what to expect in regards to their knowledge and helpfulness - we are very comfortable working with them.'
  • 'Priya Taneja has great knowledge of the industry, knows what we like and don't like in our documents, makes things easy and clear to understand and follow and looks out for our views very well.'
  • ‘The team provides excellent hands-on and commercial approach. All team members are extremely knowledgeable and personable.’

  • ‘Ranajoy Basu is a standout lawyer. Ranajoy has vast experience and easily understands and interprets challenging information.’

  • ‘We have worked a lot with McDermott on restructuring matters. They provide an extremely efficient service.'

  • ‘I like Priya Taneja a lot. She is very well organised, knowledgeable and a true pleasure to work with.’

Key clients

  • Barclays Bank plc
  • BNP Paribas
  • Citibank, N.A., London Branch
  • CSC Trustees Limited
  • 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
  • Kroll
  • Wilmington Trust (London) Limited and Wilmington Trust National Association
  • Olympic Entertainment Group
  • 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

  • Advised Vistra in its capacity as a Note Issuer SPV Administrator across eight legacy Lehman Brothers Japanese apartment loan securitisations, established in 2007.
  • Ongoing corporate and securities law advice for ReNew, one of the leading renewable energy independent power producers in India and globally.
  • Advised IQ EQ Trust Company (Jersey) Limited as Property Nominees, acting for the benefit of certain Beneficial Owners, in relation to two securitisations whereby Sainsbury’s Supermarkets Ltd (“SSL”) had sold the freehold of 26 of its supermarkets and entered into a sub-lease of each supermarket.

Practice head

The lawyer(s) leading their teams.

Ranajoy Basu

Other key lawyers

Siddhartha Sivaramakrishnan, Priya Taneja