Orrick Advises Connexin on £80 Million Investment from Whitehelm Capital
| September.10.2020
We advised smart city technology company Connexin on the raising of an initial commitment of up to £80 million in funding from Whitehelm Capital.
Market innovators —master technicians
Finance Sector
For over a century, we’ve acted for leading financial institutions at the forefront of innovation – from creating new financial products to resolving high-stakes litigation and compliance matters.
Client Results
Orrick Represents Bondholder Committee in Reprofiling of Belize’s Bonds in Response to COVID-19 Financial Pressures
| August.12.2020
Orrick represented the Steering Members of the Committee on Bondholders that had been constituted to address Belize's request to capitalize payments ...
Restructuring Agreement Reached Between the Republic of Argentina and its Creditors
| August.06.2020
Orrick represented the Steering Members of the Argentina Creditor Committee (ACC) on reaching an agreement in principle between the Republic of ...
Orrick Advises Snam on First Transition Bond
| June.24.2020
We assisted Snam S.p.A., supported by the joint bookrunner financial institutions in issuing the first €500 million transition bond.
Orrick Advises Noteholders on Third Upstream Wellbore Oil & Gas Securitization Financing
| April.14.2020
Orrick has advised the noteholders in the second rated securitization of oil and gas wellbore interests owned by Diversified Gas & Oil.
UK Based Digital Banking Platform Revolut Completes Its U.S. Expansion
| April.03.2020
As of Tuesday, March 24, Revolut’s app-based digital-only banking platform is available to American consumers.
Orrick Advises on Launch of Open Road Impact Fund
| March.24.2020
Orrick has advised Open Road Alliance on the launch of its Open Road Impact Fund, which provides short-term bridge loans ranging from $100,000 to $1 ...
Orrick Advises on $100 Million Green Revenue Bond Offering for Oscars® Museum
| February.21.2020
Orrick is serving as underwriter’s counsel to Wells Fargo Securities on a $100M green revenue bond offering for the Academy Museum of Motion Pictures.
Orrick Advises JP Morgan on Sale of Non‐Performing Loan Portfolio
| January.17.2020
Orrick assisted JP Morgan, as arranger, in the sale of a portfolio of non-performing loans of 12 banks to the POP NPLs 2019 S.r.l. vehicle.
Cross‐Practice Team Advises Wells Fargo on Legacy Reserves Successful Chapter 11 Restructuring
| December.18.2019
Legacy Reserves and certain of its subsidiaries emerged from chapter 11 bankruptcy proceedings in the Southern District of Texas Bankruptcy Court.
Insights
FinCEN and Banking Regulators Clarify Due Diligence Requirements for Politically Exposed Persons
by Jeanine P. McGuinness, Matthew Moses, Daniel Nathan, Amy Walsh, Sharon Frase and Ben Dobkin | September.16.2020
The Financial Crimes Enforcement Network (FinCEN) and federal banking regulators recently issued a Joint Statement intended to clarify the due ...
Second Circuit Affirms Enforceability of Flip Provisions in Swap Agreements Under Bankruptcy Code Safe Harbor
by Daniel A. Rubens and Douglas S. Mintz | September.02.2020
For over a decade, Lehman Brothers Special Financing (“LBSF”) has been litigating the enforceability of so-called “flip clauses” in connection with ...
DOJ Demonstrates its Ability to Track Illegal Foreign Funds Laundered Through Crypto; Financial Institutions Must Keep Up
by Jeanine P. McGuinness, Matthew Moses, Daniel Nathan, Amy Walsh, Rachelle M Navarro and Matthew Reeder | August.31.2020
The Department of Justice announced civil forfeiture actions to seize stolen or laundered virtual currency from various terrorist organizations and ...
When Recovery Fails: State Intervention and Local Government Bankruptcy
| August.12.2020
Orrick’s Marc A. Levinson, former Orrick partner John H. Knox, and Shayne Kavanagh of the Government Finance Officers Association (GFOA), recently ...
Financial Incentives for Carbon Capture, Use and Sequestration – The Updated Section 45Q Program
by Peter Connors | August.06.2020
While the fossil fuel industry continues to enjoy a number of tax incentives, a new generation of tax incentives were enacted in the early 2000s to ...
Annual Distressed Round Table: Supreme Court Term Wrap-Up
| July.30.2020
This webinar addresses the 2019 Supreme Court term and key issues and cases affecting the financial sector such as the COVID-19 shutdown.
Recent Amendments to the Volcker Rule Will Benefit CLOs and the Banks That Invest in Them
by Howard Goldwasser and Skanthan Vivekananda | July.16.2020
A discussion on how the recent amendment to the Volcker Rule will affect CLO transactions.
U.S. Supreme Court Decision in Espinoza v. Montana Department of Revenue Confirms Availability of Municipal Bond Financing for Religious Organizations
by Todd Brewer, Roger Davis, Eileen Heitzler, Douglas Goe, Marc Bauer, Alison Radecki and Jenna Magan | July.08.2020
On June 30, 2020, the United States Supreme Court rendered its decision in the case of Espinoza v. Montana Dep’t. of Revenue.
Bracing for a Post-LIBOR Reality: Legal & Operational Considerations (Webinar On Demand)
| July.01.2020
This webinar covers considerations for cash instruments & derivatives, litigation risks & the proposed legislative “solution” for legacy instruments.
REMICs, Mortgage Loan Modifications and COVID-19
by Stephen Jackson, Janet Barbiere, William Cullen, Bola Oloko and James Larkin | June.30.2020
This memorandum discusses certain tax considerations in connection with forbearances, waivers and other modifications with respect to a mortgage loan ...
Recent Main Street Lending Program Developments: What You Need to Know
by Evan C. Hollander, William S. Haft and Jonas Robison | June.26.2020
This alert provides a detailed summary of the recent developments to the Main Street Lending Program.
COVID‐19 Investment Scams Become Focal Point of Securities Regulators
by Albert Vanderlaan and Gregg Griner | June.16.2020
The Massachusetts Securities Division (the Division) warns that the average investor is overwhelmed by the COVID-19 pandemic.
Now Is the Perfect Time to Plan for Your U.S. IPO in 2021
by Nell Scott, Etienne Boursican and Ed Lukins | June.16.2020
The U.S. IPO market has re-opened in a big way: demand is up substantially after a dip in March and April, and the outlook for companies looking to ...
Municipal Bankruptcy: Avoiding and Using Chapter 9 in Times of Fiscal Stress (Second Edition)
by Marc Levinson and Devin Brennan | June.08.2020
We intend this pamphlet to provide an overview of chapter 9 for those who manage and govern municipalities.
Recent PPP Developments: New Legislation Passed Enhancing Borrower Benefits Under PPP Loans
by Evan C. Hollander and Jonas Robison | June.05.2020
A discussion on the recently passed Paycheck Protection Program Flexibility Act of 2020, which makes certain Paycheck Protection Program ...
Proposed Regulatory Changes Affecting European Companies with U.S. Listings
by Nell Scott | June.03.2020
While the primary focus of reforms has been on Chinese companies, they could impact European companies, as well as companies operating in emerging ...
“TALF 2.0”: A Primer for TALF-eligible Asset-backed Security Issuers
by Howard Goldwasser, Skanthan Vivekananda and Daniel Goldstein | June.02.2020
A primer for issuers of ABS (and other ABS market participants) discussing some of the key criteria that will determine whether an ABS is ...
Recent PPP Developments: Loan Forgiveness and SBA Loan Review Interim Final Rules Released
by Evan C. Hollander and Jonas Robison | May.27.2020
A discussion of recent PPP updates, including an analysis of the Interim Final Rule on Loan Forgiveness (the “Forgiveness Rule”).
News
Patrizio Messina Named Lawyer of the Year During Legalcommunity’s 2020 Finance Awards
| May.06.2020
Congratulations to Orrick partner Patrizio Messina on being recognized as Lawyer of the Year during Legalcommunity’s 2020 Finance Awards.
Orrick Italy Team Named Fintech Law Firm of the Year by TopLegal
| June.24.2020
Congratulations to our team in Italy, recognized as “Fintech Law Firm of the Year” at the 2020 TopLegal Industry Awards
Investing in Sustainability
| April.22.2020
As we mark the 50th anniversary of Earth Day, we want to thank our client Blue Forest Conservation for partnering with us to innovate in the ...
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A Periodic Update for the Finance Sector
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Latest news and industry trends in the distressed debt and restructuring markets
Derivatives in Review Blog
Important legal, regulatory and other developments in the area of derivatives
Tools for the U.S. Corporate Direct Lending Community
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Talking About Public Finance at Orrick with Justin Cooper
Employment Law & Litigation Blog
Analysis and developments in labor and employment law
Some of the recognition we have received
Global Finance Deal of the Year for African Insolvency and Restructuring
The American Lawyer, 2017
No. 1 Municipal Bond Counsel
The Bond Buyer, 2018
Top 6 Issuer's & Underwriter's counsel ABS, MBS and CMBS
Asset-Backed Alert and Commercial Mortgage Alert, 2015 and 1H 2016
Italy NPL Law Firm of the Year
Legalcommunity, 2017
Project Finance Practice Group of the Year
Law360, 2018 and 5 times
Marc Levinson Named Dealmaker of the Year
The American Lawyer, 2015
Restructuring Group of the Year
Law360 2014
Leading firm for Banking & Finance in France, Italy, Russia and the U.S.
IFLR 1000, 2015
Band 2 for Capital Markets: Securitization in Italy
Chambers Global
Tier 1 for Insolvency in France
Legal 500, 2016
Tier 1 in Project Finance in France
Legal 500, 2016