Clients of Orrick, Herrington & Sutcliffe (UK) LLP report that 'the team provides in-depth, well-thought-out advice', and that lead partner Sushila Nayak 'sees the big picture and does not get bogged down in needless arguments'. She frequently handles CLOs and the securitisation of esoteric assets for financial institutions and corporate issuers. Her work on novel asset classes includes a $125m securitisation regarding intellectual property for a TV franchise commissioned in 72 territories, including the US and UK. James Jirtle is also active in the CLO market.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘I have found their securitisation practice to be second to none. The team provides in-depth, well-thought-out advice which is commercial at the same time. The quality of work, including drafting, is very high. Drafts are clear, incorporating new concepts clearly from the get go, reducing friction and transaction timing. They also have a deep bench, allowing the correct level of resourcing and attention.'

  • 'The partners are also very hands-on and involved, way more than what experienced elsewhere. The team also produces high-quality commentary and briefing notes on real issues that matter, showing in-depth understanding of the product and pertinent issues. Lastly, would highlight the team as probably one of the most diverse out there.’

  • ‘I would highlight Sushila Nayak. She's been a standout partner providing great advice, fighting our corner intelligently when needed, but also very commercial, able to see the big picture and not get bogged down in needless arguments. All this allows for a very smooth execution of transactions, safe in the knowledge that all bases are covered. She's extremely responsive and hardworking, running a team that keeps delivering for us.’

Key clients

  • The Kingdom of Morocco
  • Morgan Stanley International PLC
  • Deutsche Bank AG
  • NatWest Markets Plc
  • Mizuho International plc

Work highlights

  • Advised the investors on the ground-breaking $125m securitisation by Syco Entertainment of intellectual property in the "Got Talent" franchise.

Practice head

The lawyer(s) leading their teams.

Sushila Nayak

Other key lawyers

James Jirtle