Vedder Thinking | News Vedder Price Expands Overseas with New London Office
Vedder Price established its first overseas presence in London today. The new London office will complement the firm’s existing U.S. presence in Chicago, New York and Washington, DC.
The London office will initially expand Vedder Price’s prominent Global Transportation Finance practice with plans to develop this new office with additional practices—the same effective strategy used to build its presence in New York and Washington, DC.
Leading the London office are Partners Gavin Hill, formerly head of the Aviation Finance practice at Clyde & Co., and Derek Watson, formerly at Freshfields Bruckhaus Deringer. Five associates have also joined Vedder Price’s Global Transportation Finance practice in London, all coming from Clyde & Co.
Vedder Price President and CEO Michael A. Nemeroff commented, “This is a milestone in Vedder Price’s 60-year history. The firm’s Global Transportation Finance practice is one of the world’s pre-eminent aviation finance practices, and it supports other areas of our expertise, such as mergers and acquisitions. Our goal is to establish a beachhead in London with Global Transportation Finance, then build on this strength to add further practice capabilities in London as client needs dictate.”
Vedder Price’s Global Transportation Finance practice recently represented Airbus S.A.S. in a transaction with American Airlines hailed as “the biggest airline order in history,” encompassing 260 Airbus aircraft valued at approximately $38 billion.
Dean Gerber, Chair of Vedder Price’s Global Transportation Finance practice, noted, “Over the past 20 years, our Global Transportation Finance team has grown from a few shareholders in Chicago to over 40 lawyers across four offices. Nearly all asset finance work—not confined to aviation but including business aviation, rail, maritime and heavy equipment financing across a number of industries—is done under either U.S. or English law. Gavin and his team are in a position to be of service to both U.S.-based and international clients who execute deals under English Law.”
Vedder Price’s London office is located at the following address:
Vedder Price LLP
London EC1A 4HD
Established in 1952, Vedder Price is a general practice law firm of 265 attorneys with offices in Chicago, New York, Washington, DC, and London. For more information, please go to www.vedderprice.com/London.
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