Structured finance partner Stephen Day and restructuring partner Ashley Katz are leading the Mayer Brown team.

This is the most recent in a string of instructions for Mayer Brown in relation to the establishment and restructuring of SIVs. These include Carrera Capital Finance Limited, Rhinebridge PLC, Cheyne Finance PLC and the Master-Liquidity Enhancement Conduit (MLEC), among others.

Mayer Brown's knowledge of the SIV market comes from the breadth and depth of its participation in this area. In this regard, they continue to act for a broad range of stakeholders including sponsors, receivers, directors, investment managers, senior noteholders and other creditors, including liquidity providers.

Stephen Day, structured finance partner at Mayer Brown, said: "We are delighted to have been instructed to act for the joint receivers in this matter. This instruction highlights our continuing role at the forefront of developments in the structured finance arena."

Partner Ian Coles, head of finance at Mayer Brown, added: "We have a well established structured finance practice, with particular expertise in SIVs. This, coupled with our experienced restructuring and insolvency practice means we are ideally placed to advise on this complex transaction. The breadth of our experience, flexibility of our team and truly global reach means that as well as having the skills and expertise to effect market rescues generally, we are equally well placed to work with clients to take advantage of the opportunities arising from the credit crunch."

For further information:
Ashley Katz
Partner. London
+44 20 7782 8818
ashley.katz@mayerbrown.com

Stephen Day
Partner, London
+44 20 7782 8241
sday@mayerbrown.com

Charlotte Ward
PR Manager, London
+44 20 7782 8547
cward@mayerbrown.com