David Quirolo is a partner in Cadwalader’s Capital Markets Group, resident in the London office. Focusing his practice primarily on CLOs, securitisation, asset finance and repackaging transactions involving various asset types in the United States and Europe, David represents banks, arrangers and asset managers in a variety of structured finance transactions.
David has extensive experience using “cash flow,” “market value,” and hybrid structures, and is recognised as a leading practitioner in the CLO 2.0 market.
David is recognised as a leading practitioner in The Legal 500 UK, IFLR1000, Best Lawyers in the United Kingdom, Chambers Global (UK, Capital Markets: Structured Finance & Derivatives) and Chambers UK (Capital Markets: Structured Finance & Derivatives). Chambers describes David as "very user-friendly and very pragmatic." The Legal 500 UK refers to David as “Europe’s leading lawyer in the CLO field, with outstanding knowledge and experience.” He is also recognised by Who’s Who Legal as a Global Elite Thought Leader and Global Leader for Capital Markets: Structured Finance 2021, “for his superb advisory practice where he possesses in-depth expertise in structured transactions and derivatives.”
David also represents the Loan Market Association in relation to regulation affecting the CLO market. He regularly meets with regulators and policy makers in relation to securitisation regulation.
David’s recent significant engagements include:
- Representing MUFG Securities in the €400 million North Westerly VI European cash flow CLO transaction, the first CLO to consider ESG (environmental, social and governance) factors across all its investments.
- Representing Credit Suisse in connection with the first European CLO 2.0 transaction.
- Representing arrangers and CLO managers on European CLO 2.0 transactions.
- Representing CLO managers on compliance with EU risk retention.
He received a Bachelor’s degree in Psychology from the State University of New York at Buffalo and his J.D. from New York University School of Law. David is admitted to practice in England and Wales, in the State of New York and in Ireland.