Morrison & Foerster maintains a broad-based financial transactions practice, providing a wide range of services to financial
institutions. Our European practice has established relationships with many of the leading banks and financial services organizations
and we regularly represent many of the largest players in the marketplace, including numerous investment banks, commercial
banks, hedge funds and asset managers as well as collateralized loan obligation vehicles (CLOs) and collateralized debt obligation
vehicles (CDOs) in the secondary debt trading market.
Representative Transactions
- Lloyds TSB. Advising Lloyds on a joint venture with Barclays Bank and Unisys (iPSL) whereby the banks outsource their cheque clearing
and related administration to iPSL.
- Lloyds TSB. Advising Lloyds on the re-negotiation of its loan application outsourcing agreement with EDS.
- Pearl Group Limited. Advising Pearl, the closed life insurer, on the outsourcing of its life and pensions administration services.
- Royal & SunAlliance. Advising Royal & SunAlliance in outsourcing its general insurance claims handling and ADM support to Accenture UK and Accenture
India.
- Royal & SunAlliance. Advising Royal & SunAlliance in outsourcing its life insurance and pensions administration services to Unisys.
- SunGard Data Solutions. Advising SunGard in connection with numerous complex, cross-border software and data licensing arrangements with many of
the world’s leading financial and energy companies.
- Visa. Advising Visa on on-line contracting and electronic signature legislation.
- Volbroker.com. Advising Volbroker.com, a foreign currency option B2B trading platform formed by a number of major banks, on EU competition
law aspects of its constitution and operation.