Structured finance expert Lucy Oddy joins BLP Banking & Capital Markets team
Berwin Leighton Paisner (BLP) has appointed structured finance lawyer Lucy Oddy as a partner within its London team.
Lucy will join BLP from the Clifford Chance. She has a broad range of experience of working on UK and pan-European structured finance transactions, including securitisations and covered bonds, with a focus on residential and commercial mortgage financing portfolio disposals, and has worked with leading financial institutions including Lloyds Banking Group, Merrill Lynch, JP Morgan, Deutsche Bank and The Co-operative Group plc. Lucy was part of the core legal team that advised Lloyds Banking Group on its participation in the UK Government Asset Protection Scheme last year.
This news follows the appointment of Matthew Kellett as managing partner of the finance department earlier this month. He is also a structured finance expert having worked with RBS and AIG and having been a partner at Linklaters. Matthew is keen to build a high quality team with an increasingly broad range of structured finance skills. In addition to Matthew, other recent BLP Banking & Capital Market hires include derivatives expert James Duncan, finance heavyweight Andrew Bamber, banking & capital markets specialist Richard Hughes and Jayne Black and Eleanor Hunwicks, both of whom are leaders in the advising of servicers of commercial mortgage loans/securitisations.
The BLP team has advised on several complex securitisations including acting for The Mall Fund, a £1bn shopping centre securitisation, which recently launched restructuring proposals to note holders, and on the recent new issue under the Tesco CMBS programme.
Lucy said: “BLP has undergone significant growth in recent years and has been able to attract leading individuals through its reputation for being an ambitious and entrepreneurial firm with a growing business and a strong client base. I am excited about being part of the banking and capital markets team and continuing to work with major institutions across the firm in the UK and globally.”
Commenting on the news Matthew Kellett, managing partner of the finance department, said: “Lucy’s appointment is another example of our commitment to deepen our expertise and to offer our clients a wider breadth of skills within the structured finance arena. Her experience in the structured finance sector will be of benefit, not only to the Finance team, but to the firm as a whole as we address the commercial issues facing our institutional client base.”