Paul Hastings continues run of London structured finance laterals with Weil hire

In one other enhance for Paul Hastings’ London workplace, the US agency has recruited structured finance specialist Brian Maher as a associate from Weil Gotshal & Manges.

Maher, who’s a Authorized 500 main particular person for securitisation, shall be accompanied by counsel Sophie Bainbridge and affiliate Emily Firmston.

This newest transfer marks Paul Hastings’ third vital associate rent from Weil since April, following the announcement of banking and finance associate Reena Gogna in June and arrival of Shawn Kodes, who joined the agency’s New York workplace as co-chair of asset-backed finance earlier within the yr.

Talking with Authorized Enterprise on the transfer, Maher mentioned his plan to advance the London workplace’s asset-backed observe consistent with the US agency’s New York providing.

He said: ‘My early focus shall be on constructing out the asset finance observe in London. I intention to enrich the work that the agency is at the moment doing in New York within the asset-backed finance sector. We see many alternatives in each London and New York by means of the relationships and platform at Paul Hastings.’

Maher, who has labored with funds and monetary establishments shoppers similar to Apollo, Barclays and Deutsche Financial institution, added: ‘There’s a persevering with development amongst sponsors buying asset-origination platforms and utilizing asset-backed finance as their essential financing instrument. Lots of our shoppers, each on the sponsor and monetary establishment facet, interact in most of these transactions. I consider we’ll be well-positioned to work carefully with these shoppers to capitalise on the alternatives available in the market.’

Agency chair Frank Lopez added: ‘Brian is an elite structured finance lawyer with a synergistic observe that bolsters our increasing asset-backed financing and capital markets securitisation capabilities.’

Maher concluded: ‘The suggestions from my shoppers has been overwhelmingly supportive relating to Sophie, Emily, and me transferring to Paul Hastings. It’s an unimaginable and powerful platform, and we consider it is going to be a wonderful setting for persevering with our work with current shoppers. We really feel very optimistic concerning the future.’

anna.huntley@legalease.co.uk