Mayer Brown adds finance partner from DLA Piper in London - Reuters.com

Register now for FREE unlimited access to Reuters.com Register Signage is seen outside of the law firm Mayer Brown LLP in Washington, D.C., U.S., August 30, 2020. REUTERS/Andrew Kelly Summary Summary Law firms Mellon joins Mayer Brown's banking and finance practice Joins from DLA Piper; was partner there for eight years (Reuters) - Mayer Brown said on Monday that structured finance lawyer Ronan Mellon has joined the firm’s London-based banking and finance practice as a partner. Mellon joins from global law firm DLA Piper where he was a partner for eight years, Chicago-headquartered Mayer Brown said in a statement. Mellon specializes in asset-backed securities (ABS) and collateralized loan obligations (CLO), the co-head of Mayer Brown’s banking and finance practice Alex Dell said in a statement. Register now for FREE unlimited access to Reuters.com Register These are part of a class of securities created by bundling portions of different bonds and loans into a new, more diversified structure that spreads risk among investors. Mellon also advises on project finance-rela ted deals including bonds, note issuances and private placements, according to Mayer Brown. Mellon’s hiring is a sign of the firm’s increased commitment to the London market, Mayer Brown London managing partner Dominic Griffiths said in a statement. The firm added private equity partner Paul Rosen from Chicago-based Katten Muchin Rosenman in London in June. U.S. law firm Schulte Roth & Zabel also added finance partners specializing in CLO and ABS-related transactions in London earlier this year. Prior to DLA Piper, Mellon worked at White & Case. While at the firm he was temporarily employed in-house at global banks Goldman Sachs and BNP Paribas. A spokesperson for DLA Piper did not immediately respond to a request for comment on Mellon’s departure Monday. Read more: Schulte Roth picks up London securities partner from Dentons Schulte Roth adds UK structured finance partner from Arnold & Porter Mayer Brown adds private equity partner from Katten in London Register now for FREE unlimited access to Reuters.com Register Our Standards: The Thomson Reuters Trust Principles.