Securitizability.com

The securitisation team of the French law firm Gide Loyrette Nouel, has recently become a member of the European Securitisation Forum (“ESF”) (www.europeansecuritisation.com) and of the Structured Finance Institute (Institut de Finance Structurée) (“IFS”).

The securitisation team of Gide Loyrette Nouel specialises in all types of asset-backed securities and defeasance transactions and has been involved in structuring a diverse range of French securitisation transactions, using either French mutual debt funds (fonds commun de créances) and/or offshore securitisation vehicles covering different types of assets: credit card and trade receivables, consumer loans, mortgage loans, local government loans, leasing receivables, bonds, delinquent receivables and inventories, etc.

The Gide Loyrette Nouel securitisation team has also been involved in structuring many complex transactions using securitisation mechanisms including non consolidated financing, credit derivatives, structured finance, project financing, purchase of real estate portfolios, perpetual bonds repackaging, banking activities transfers and tax driven structures.

The Gide Loyrette Nouel securitisation team has the strongest team of securitisation lawyers in France and includes some of the most respected authors on French securitisation It is known for the close relations it maintains with the relevant French authorities (French Treasury, Banque de France, Commission des Opérations de Bourse, etc.) and is recognised as one of the leaders in the area of securitisation by rating agencies, arrangers and originators.

Affiliated with the Bond Market Association, which represents securities firms and banks that underwrite, trade and sell bonds in the international and domestic markets, the ESF seeks to promote the development of securitisation throughout Europe. In this respect, the ESF aims, inter alia, at pursuing projects relating to a broad array of legal, regulatory, accounting, own funds, tax and other issues which may impact on the European securitisation markets, working with relevant European regulators and the main standard bearers in each jurisdiction. The ESF also aims at attempting to identify, recommend and implement securitisation market standardisation policies, practices, guidelines and related documentation in order to promote liquidity, transparency and efficiency in the primary and secondary European securitisation markets.

Based in Paris, the IFS is chaired by Bruno Thiry, a professor at the European School of Management ESCP-EAP and a founder of the French Corporate Treasurers Association (Association Française des Trésoriers d’Entreprise). The IFS aims at gathering any participant with an interest in issues raised by securitisation and structured finance transactions.

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The securitisation team of the French law firm GIDE LOYRETTE NOUEL has become a member of the European Securitisation Forum and of the Paris-based Structured Finance Institute .