Financial Markets

Orrick's Financial Markets Group is composed of more than 80 lawyers in offices throughout North America, Europe and Asia. Orrick has played a significant role in the global asset securitization market, beginning in 1977 when we represented Bank of America in the first public offering of non-agency mortgage pass-through certificates. Since that time, we have assisted clients in developing many innovative structures and have played a critical role in many of the major legal developments that have shaped the global financial markets.

Global Strength

In 2007–2008, we advised clients on more than 500 financings worldwide, with an aggregate value of more than US$950 billion. Orrick is consistently ranked by industry publications among the top law firms across all asset classes. Chambers Global 2008 recognized Orrick as "one of the premier securitisation addresses in the USA and the world," with an "exceptionally broad footprint in all areas of structured finance." Our clients were quoted as saying Orrick lawyers "understand every aspect of the market and take a 360-degree view."

United States

• Orrick's U.S. practice was recognized by Chambers Global 2008 as not only "one of the largest groups in the country," but also "one of the most comprehensive in terms of service."
• Chambers USA consistently ranks Orrick as "one of the world's leading securitization and structured finance firms" and compliments our lawyers on their "responsiveness and true dedication," "intelligent, constructive manners," and "refusal to play fast and loose."
• For four consecutive years (2004–2008), Thomson Reuters ranked Orrick among the top five issuer's counsel in asset-backed securities and in mortgage-backed securities in the United States. In seven of the last nine years, Orrick ranked first in the representation of issuers in public offerings of asset backed securities in the United States.

Europe

• Our financial markets lawyers in Europe are among the top advisors in Euromarket securitizations as ranked by International Financial Law Review, Thomson Reuters, Chambers UK and the Legal 500.
• Orrick was named "European Securitization Law Firm of the Year" at the Global Derivatives and European Securitization Awards 2008.

Asia

• Orrick's financial markets practice is pan-Asian with highly regarded strengths in China, Japan, Korea, Singapore and Taiwan, as well as emerging structured finance markets in Thailand, Malaysia, India and Indonesia.  
• Our local lawyers have more than 10 years of sophisticated regional experience and are led by a dedicated team in Beijing, Hong Kong, Shanghai and Tokyo. 
• Chambers Global 2008 recognized Orrick's Asia-Pacific practice as a "strong newcomer in Hong Kong, rising quickly in the ranks," and as a "long-established player" in Japan.  
• Orrick's offices in Beijing, Hong Kong and Shanghai include lawyers qualified in Australia, China, Hong Kong, the United Kingdom and the United States.
• Orrick's office in Tokyo combines U.S.-, English-, French- and Russian-law qualified lawyers of Orrick, Herrington & Sutcliffe LLP with the Japanese-law qualified bengoshi of Orrick Tokyo Law Offices.

Latin America

• Our Latin America securitization team has extensive experience in advising issuers, financiers and other counterparties in structured finance transactions in Argentina, Brazil, Chile, Colombia, Guatemala, Mexico and Venezuela. Our regional structured finance experience includes the following.
• securitization of oil and tax receivables
• securitization of emerging country debt receivables
• creation of multi-issuance platforms for securitizing emerging market bonds, loans, letters of credit and similar instruments
• repackaging of Brady Bonds and other securities issued by emerging market sovereigns and semi-sovereigns
• advising financial institutions on structured loan facilities, including IFC, Mexican Development Bank and Colombian Development Bank
  
  

The Orrick Difference

We make an investment in understanding our clients’ businesses, enabling us to provide strategic and practical solutions in an efficient and cost-effective manner. Our multidisciplinary approach, involving lawyers expert in securitization, securities law, investment funds, tax, real estate, commercial law, banking, bankruptcy and ERISA, enables us to provide our clients with sophisticated legal work on their most complex and challenging transactions.