Mayer Brown Banking & Finance Group Expands in London with New Hire

Mayer brown

 

London, 5 February 2015 – LawFuel.com – Global law firm Mayer Brown today announced the appointment of senior asset-based lending (ABL) partner Alex Dell, who is widely-recognised as a leading ABL and receivables finance lawyer in the UK. His appointment will further strengthen the firm’s top-end, crossborder ABL capabilities.

 

Alex currently leads DLA Piper’s Structured Finance Trade and Receivables team in the UK. His practice is particularly focused on large, highly structured receivables financing and ABL transactions with a crossborder element. He also has an in-depth knowledge of supply chain finance, transit finance and vendor and title finance. Alex represents banks, financial institutions, sponsors and corporates, and shares many of the same clients as Mayer Brown’s global ABL team, which advises on cross-border transactions for some of the world’s largest financial institutions and companies.

 

This hire will merge two tier one ranked practices servicing financial institutions, sponsors and borrowers engaged in ABL and commercial finance.

 

Dominic Griffiths, co-Global Head of Banking & Finance at Mayer Brown, said: “I have known Alex for a number of years. He has a strong and impressive practice, which mirrors our own focus on providing the best legal advice to financial institutions and companies in their European and global strategies. We have a market leading ABL and structured finance team in key financial centres such as London, New York and Hong Kong, and we look forward to working closely with Alex to strengthen our client offering even further.”

 

Mayer Brown has added a number of new partners to London in recent years, including the 2014 hires of structured finance partners Richard Todd and David O’Connor, emerging market finance partners Mayank Gupta and Trevor Wood, and employment partner Stefan Martin.  


More Clifford Chance Partners Move to Lovells

Burc hesse

Latham & Watkins appears to have been enjoying a field day raiding Clifford Chance for new partners, with the latest being two CC partners in the German officie, Olliver Felsenstein and Burc Hesse.

Hesse  joined Clifford Chance from Lovells in 2006, as part of Clifford Chance’s swoop on a five-strong private equity team from Lovells.

The Lawyer reports that Felsenstein became the sole head of the firm’s private equity group in June 2013, following Latham’s hire of London-based private equity chief David Walker earlier that year.

Last year Clifford Chance split the private equity chief role between Felsenstein and City-based partner Jonny Myers.

In September, Felsenstein was also named as head of Clifford Chance’s corporate group in Germany – becoming part of the firm’s new German leadership group.

Felsenstein has been a partner at Clifford Chance’s Frankfurt office since 2006, advising clients including HgCapital and Permira. Prior to that he held the post of deputy managing partner and private equity chief at legacy Lovells.

The partner will be joined at Latham by Clifford Chance corporate and private equity partner Burc Hesse, currently based in Munich.

The appointments continue Latham’s hiring spree of key corporate partners from Clifford Chance. As well as Walker, Latham also hired up-and-coming private equity partners Tom Evans and Kem Ihenacho.

The moves were understood to be part of the firm’s project to bulk up its offering for key US client Carlyle Group in London, of which Walker and Ihenacho were key advisers.

Latham’s global corporate chair Daniel Lennon said in a statement that the firm was committed to building “the undisputed market leading practice in private equity in Europe and globally”.

In an interview with The Lawyer last October Felsenstein said: “Of course, if we lose a partner it does concern us – some partners more, and some partners less. But for us, it’s ongoing business as usual. It’s important that we keep our client relationships, as we have in all the cases of the partners who have left in the last few years and it’s also a chance for younger partners to step into their

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