. Linklaters and Allen & Overy (A&O) advised Royal Bank of Scotland (RBS) on a £6.5bn residential mortgage-backed securitisation. Linklaters acted for RBS as seller, issuer and administrator with securitisation partner Jim Rice leading a team including capital markets partner and global head of the US practice Steve Thierbach, real estate partner Mark Burgess- Smith and New York tax partner Stephen Land. A&O, led by securitisation partner Vanessa Hardman, acted for RBS as arranger and lead manager. A&O capital markets partner Simon Hill advised the trustee, Bank of New York, and securitisation partner Christopher Bernard advised on US law aspects.
. Ashurst, led by finance partners Nigel Ward and Jane Fissenden, is advising the Royal Bank of Scotland as lead arranger of a £379.5m financing for the proposed acquisition of British Car Auctions (BCA) by Montagu Private Equity. Private equity partner Richard Youle and corporate partner Dominic Welham led a Linklaters team advising Montagu, while Allen & Overy corporate partner Stephen Mathews advised both BCA and the individual selling shareholders.
