Firm also advises on transaction named “ABS Deal of the Year 2013”

Mayer Brown, a leading global law firm, announced today that it was named “Best Law Firm” in the Asset-Backed Securities (ABS) category of GlobalCapital’s Securitization Milestones Awards. The firms receiving awards were decided by a market-wide poll “for their commitment to the product and dedication to revitalizing the market in the wake of the crisis.”

Mayer Brown also advised on the $1 billion Trade MAPS 2013-1 trade receivables securitization, which was named “ABS Deal of the Year 2013.” The firm represented Morgan Stanley as sole structuring advisor and also as joint book runner. The transaction represents the first-ever multi-bank term asset-backed/capital markets financing of trade finance assets. The Mayer Brown team included lawyers from the firm’s Banking & Finance, Tax Transactions & Consulting and Employment & Benefits practices in Chicago, Charlotte and New York and was led by Chicago Banking & Finance partners Stuart Litwin and Ger Patrick O’Donnell.

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