Jonathan Walsh heads Baker McKenzie's Global Securitisation Practice and is a partner in the Finance group in London. Prior to joining the Firm in 2005, he was head of international securities at another law firm. He is also recognised as a leading securitisation practitioner by Legal 500, Chambers, Legal Experts and Global Counsel 3000, and is one of the few capital markets lawyers included in the International Who's Who of Capital Markets Lawyers 2009.
Jonathan has acted on numerous UK residential mortgage-backed transactions, for originators (bank and non bank), credit enhancement providers, servicers and on term, conduit and warehousing facilities and has advised a broad range of clients on a variety of securitisation transactions encompassing numerous different asset classes. He has also acted for conduit sponsors, originators, lead managers and trustees on both term and commercial paper transactions, involving several jurisdictions including UK, France, Germany, Spain, Italy and the Netherlands and in relation to asset classes including residential mortgages, sub-prime mortgages, commercial mortgages, consumer loans, insurance premium financing, trade receivables, securities and equipment leases.
Representative Legal Matters
- Advised a leading UK bank on its first ever residential mortgage backed securities transaction.
- Advised a leading European bank on setting up origination and warehousing facilities for UK residential mortgages.
- Advised conduit sponsors on a number of warehousing transactions for UK residential mortgages.
- Advised a leading non bank UK mortgage lender on a bank financed warehousing transaction.
- Advised a leading mortgage servicer on the assumption of servicing arrangements on 15 UK RMBS transactions.
- Advised Bear, Stearns on the first issue of mortgage backed securities by Farringdon Mortgages No. 1 PLC, being in relation to sub-prime mortgages originated by Rooftop Mortgages Limited.
- Advised Bear, Stearns on a number of sub prime/non conforming residential mortgage backed securities transactions from the Mansard programme (which he also set up for Bear Stearns).
- Advised National Australia Bank (NAB) on the set up of the USD 10 Billion asset - backed commercial paper conduit, CentreStar.
- Advised NAB on the establishment of three securities arbitrage programmes, CentreStar Bonds 1, CentreStar Bonds 2, CentreStar Bonds 3 and on a commercial property securitisation funded by the CentreStar conduit.
- Advised a leading rating agency on over 100 CMBS transactions.
Professional Associations and Memberships
- Law Society of England & Wales - Member
- England & Wales~United Kingdom (1988)
- Middle Temple, London (Barrister-at-Law) (1984)
- Inns of Court School of Law (1984)
- King's College London, UK (LL.B.) (1983)