NEW YORK--(BUSINESS WIRE)--Chapman and Cutler LLP announced today that James J. Croke and Peter C. Manbeck, formerly of Orrick, Herrington & Sutcliffe LLP, have joined the firm as partners in the asset securitization group in the New York office.
“We are extremely pleased to add such well-regarded and talented attorneys to our securitization practice,” said Tim Mohan, Chief Executive Partner and securitization attorney. “With an increased demand from our clients to develop new ways to access and invest in structured finance transactions, Jim and Peter bring valuable thought leadership to answering this demand. They join our team of lawyers who possess deep knowledge and experience in addressing regulatory reforms as they relate to our clients in the securitization markets.”
Mr. Croke and Mr. Manbeck worked together at Cadwalader, Wickersham & Taft LLP, where Mr. Croke was head of the London capital markets department and instrumental in the legal development of the European ABCP market. He has also served as a member of the board of directors of the American Securitization Forum and on the faculty of the Practising Law Institute with respect to developments in the asset backed commercial paper sector. Mr. Croke is internationally recognized as a top structured finance attorney, including by Euromoney’s Best of the Best, the International Financial Law Review, and the Legal 500.
“Their leadership and experience will accelerate our efforts to expand our New York presence and business development efforts,” said Ken Marin, New York office head and member of Chapman’s securitization team.
“Peter and I are delighted to be joining the top-notch lawyers at Chapman,” said Mr. Croke. “The focus and approach of Chapman and Cutler’s securitization practice fits well with our own, and we’re excited to be able to contribute to its continued success.”
Handling structured transactions involving financial assets, and asset-backed financings with unusual or unique revenue streams is a hallmark of Chapman and Cutler’s securitization practice. The firm has represented some of the largest bank sponsors of commercial paper conduits in transactions involving a variety of assets, and regularly advises its clients on the formation of securitization conduits issuing commercial paper to finance assets around the world. Chapman is nationally known for its representation of institutional investors in private placement transactions, including securitizations.
The representation of financial institutions has been central to Chapman and Cutler’s practice since its founding in 1913. Starting from a base of banking and public finance, the firm and its practice areas have grown and evolved over time to become a sophisticated provider of legal services to banks, corporations, insurance companies, and other participants in the financial services sector. Today, Chapman has over 200 lawyers in Chicago, New York, Salt Lake City, and San Francisco dedicated to representing financial services clients with respect to transactional, regulatory, and litigation matters.
For more information, please contact Walter Begley, partner in charge of lateral recruitment, at 312.845.3904 or begley@chapman.com.