Dechert LLP is 'very responsive, always going the extra mile to make sure they get the full extent of the answers for their clients'. Head of structured finance and real estate Aparna Sehgal oversees the London office’s securitisation team, which is active in CMBS, RMBS, CLOs, loan-on-loan deals, repo securitisations and other structures. Aaron Scott, who joined from Paul Hastings LLP in 2023, boosts the firm's structured credit and CLO practice. He advises CLO managers and arrangers, and recently handled the issuance of €409m in notes for an asset manager. He joins experienced partners John McGrath and Richard Pugh, who act for both banks and buy-side clients.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

  • ‘The Dechert team is very responsive, always going the extra mile to make sure they get the full extent of the answers for their clients. They take into account what our needs are, the specific fund structures and how our teams work. It often occurs that they flag things to us which would be critical for us before we have found them. They remember what has been important in the past, whether on similar transactions or in general, making sure that we can be confident throughout the process.’

  • ‘Aaron Scott is very knowledgeable and approachable, he is also very good at making sure that Rory (the associate in the team) really gets a chance to show us how good he is. It is rare to see a partner that is so confident in what he does and brings to the table that he is happy to also let more junior team members shine.’

Key clients

  • Anchorage CLO ECM, L.L.C.
  • CarVal CLO Management, LLC
  • Palmer Square Europe Capital Management LLC

Work highlights

  • Advised Palmer Square Europe Capital Management LLC in connection with (a) the establishment of a warehouse financing facility and (b) the issuance by Palmer Square European CLO 2023-1 DAC of €409,750,000 of CLO notes backed by a portfolio of primarily broadly syndicated loans managed by Palmer Square.
  • Advised Anchorage CLO ECM, L.L.C in connection with the issuance by Anchorage Capital Europe CLO 6 DAC of €398,580,000 of CLO notes backed by a portfolio of primarily broadly syndicated loans managed by Anchorage.
  • Advised CarVal CLO Management, LLC in connection with (a) the establishment of a warehouse financing facility and (b) the issuance by AB CarVal Euro CLO I-C DAC of €340,580,000 of CLO notes backed by a portfolio of primarily broadly syndicated loans managed by AB CarVal.

Practice head

The lawyer(s) leading their teams.

Aparna Sehgal

Other key lawyers

John McGrath, Richard Pugh, Aaron Scott, Rory O'Connor