Paul Hastings Bolsters Market-Leading Structured Credit Practice in New York

NEW YORK – Further strengthening its premier asset-backed finance and complex securitization offerings, Paul Hastings LLP announced today that structured credit lawyer John F. Murphy III has joined the firm as a partner in New York.

Murphy’s broad securities practice focuses on structured finance and securitization, including the repackaging and securitizing of both traditional and nontraditional assets and related warehouse lending, with an emphasis on serving as deal counsel and collateral manager counsel on U.S. collateralized loan obligations (CLOs). His asset securitization experience includes commercial and residential mortgage-backed securities (CMBS and RMBS), trade receivables, aircraft securitizations and film financing vehicles, in addition to other repackagings, stranded cost transactions for investor-owned utilities and re-real estate mortgage investment conduit (re-REMIC) securitizations.

“Our top-ranked CLO practice is experiencing unprecedented demand, and John’s extensive experience will add critical depth to our platform in this space,” said firm Chair Frank Lopez. “We continue to attract premier talent as we scale to meet robust demand and gain additional market share with new and existing clients.”

Murphy advises issuers, underwriters, collateral managers and sponsors in his CLO work, while representing arrangers, issuers and servicers across a range of assets in his broad asset securitization practice. He has been recognized by The Legal 500 USA for his securitization work and is a frequent speaker on related topics. He joins from DLA Piper LLP.

“I’ve long admired this Paul Hastings’ Structured Credit practice, and I’m eager to collaborate with its exceptional lawyers in support of our clients,” said Murphy. “Additionally, I’m excited to contribute to the firm’s expansion in this thriving area.” 

The Paul Hastings structured credit practice excels in securitization and other asset-backed and specialty finance products, including CLOs, for which it is Chambers USA Band 1-ranked.

 

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