Weil, Gotshal & Manges (London) LLP
Client SatisfactionWeil, Gotshal & Manges (London) LLP has a small team in London comprising only two partners, but its dominance in manager-side CLO transactions means it is a major force in the securitisation market. Head of the London structured finance and derivatives practice Jacky Kelly leads an 'experienced, approachable, practical and commercial’ team that acts for some of the world's biggest CLO managers. The practice also has a strong stable of associates, not least Luke Stowe and Emily Firmston. Kelly and Stowe recently acted for a leading manager client on the amendment of two CLOs to allow for the acquisition of loss mitigation obligations. Kelly also advised a global investment bank on a trade receivables-backed ABS issuance of just under $1bn. Brian Maher joined Paul Hastings LLP in mid-2024.
Legal 500 Editorial commentary
Testimonials
Collated independently by Legal 500 research team.
‘The team are knowledgeable, creative and thoughtful about key issues. I have found them to be excellent thought partners on new deals as well as situations facing challenges.’
‘Experienced, approachable, practical and commercial.’
‘The team have a deep knowledge of the market, a collaborative and assured style, and work hard to solve issues in a practical and commercial way.’
- 'We use the Weil's structured finance team as manager counsel for our CLOs and appreciate the team's knowledge and experience. They work well with all parties and are quick to resolve any issues (or potential issues) that come up during a transaction.'
- 'We appreciate the work of Jacky Kelly (partner) and Luke Stowe (associate) and value their views/input. Collectively, we work well with the entire team and would recommend them.'
Key clients
- Deutsche Bank
- Apollo
- Guggenheim Securities
- Goldman Sachs
- The Very Group / Shop Direct
- M&G
- KKR
- Redding Ridge Asset Management
- Pemberton Asset Management
- RBC BlueBay Asset Management
- Brigade Capital
- Fair Oaks Capital
- Guggenheim Partners
- Nuveen Alternative Advisors
Work highlights
- Advised KKR on a £75m facility to TalkTalk backed by connectivity receivables.
- Advised Apollo portfolio company Haydock Finance on its Hermitage 2023 debut £349m public securitisation of UK equipment leases, a rare asset class.
- Advised Pemberton Asset Management on setting up its European CLO platform and inaugural CLO with novel features.
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.
Practice head
The lawyer(s) leading their teams.
Jacky Kelly