ALLEN & OVERY'S EUROPEAN SECURITISATION TEAM EXPANDS
As part of a Europe-wide expansion of its hugely
successful  asset
backed securitisation practice, Allen & Overy is delighted to
announce that it has relocated securitisation partner Salim Nathoo
from its Tokyo office to London.
The securitisation team has continued to go from strength to strength
since its inception in the mid 1980s, and now boasts dedicated local
law securitisation specialists across the continent, including Belgium,
the Czech Republic, France, Germany, Hungary, Italy, Luxembourg,
the Netherlands, Poland and Spain, in addition to its award winning
team in London. Salim's relocation from Tokyo will mean that additional
dedicated securitisation resources will be available to support
the existing practice in London to service the expanding ABS market
across Europe, the Middle East and Africa
Salim joined Allen & Overy's securitisation team in London in
1995, relocating to Tokyo in 1998. Whilst in London, Salim worked
on a number of groundbreaking transactions including, amongst others,
transactions for Welcome Break, Porterbrook and Banco Santander.
Following his promotion to partner in May 2000, Salim has built
one of the leading securitisation practices in Japan and is widely
acknowledged as an expert on the Japanese asset backed market. He
has worked on many 'firsts' covering a wide range of asset classes
including equipment leases, auto loans, consumer loans, shokoh loans,
promissory notes, commercial property, residential mortgages and
residential property. In addition, Salim has also structured and
worked on a number of CLN programmes and other structured finance
transactions.
In addition to welcoming Salim back from Tokyo, the securitisation
team will also be adding four associates, David Leeming, Louise
Kelly, Chul Choi and Aidan Small, and a paralegal as part of the
expansion.
David Krischer, head of securitisation, comments:
"Our securitisation team continues to grow despite current
market conditions. We are delighted at the return of Salim to the
London office, with his impressive Asian market experience, as well
as four additional associates and a paralegal. We believe that this
will enhance our existing capability to exploit the opportunities
in the European ABS market."
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