Orla O'Connor

O'Connor Orla WU 2013 (White)

Expertise

Orla is a partner in the firm’s Finance Group. She has worked on numerous financing and restructuring transactions both for banks and borrowers. Orla is also a member of the firm’s Financial Regulatory Group and advises on bank reorganisations and on a wide range of regulatory issues relating to payments, electronic money, anti-money laundering, mortgage arrears and consumer credit.  She has also advised a range of banks, private equity firms and servicers expanding and restructuring their operations on regulatory, licensing and other legal issues and on their interactions with the Central Bank. She has advised on a wide range of bank asset disposals by both Irish and international banks operating in Ireland as part of their deleveraging strategies.

Orla serves on the firm’s Management Committee.

Experience

Relevant experience includes advising:

  • Apollo on a range of bids and acquisitions in the Irish market and on relating funding and restructuring issues (2014-2016).
  • Nomura on the funding of the Project Eagle, Project Chestnut and Project Arrow portfolio acquisitions by Cerberus (2014-2015).
  • Sankaty on the purchase of the Project Coney and Project Finn portfolios from RBS and on related funding and restructuring issues (2015).
  • Lloyds Banking Group on its loan portfolio disposals to date including Projects Perth (2011), Prince (2012), Pittsburgh (2012), Lane (2012), Harrogate (2012), Phoenix (2013) and Parasol (2014).
  • Lloyds Banking Group on the 2010 cross-border merger of Bank of Scotland (Ireland) Limited into Bank of Scotland plc including all dealings with the Central Bank on the merger.
  • KPMG as Special Liquidator of IBRC on the sale of two loan books – Project Stone (CRE) and Projects Sand and Pearl (Residential) (2013 and 2014).
  • Central Bank and BlackRock Solutions on the PCAR stress testing of the Irish banks (2011).
  • A broad range of banks, private equity firms and servicers on financial regulatory issues including anti-money laundering and financial sanctions compliance, consumer credit issues, review of policies and procedures, customer documentation and customer correspondence to ensure compliance with consumer legislation and the Consumer Protection Code, SME Code and Mortgage Arrears Code.

Publications

Education
  • BCL, 1991, Oxford University
  • LLB, 1990, Trinity College, Dublin
Professional
  • Admitted as a solicitor, 1995
Memberships
    • Institute of Taxation in Ireland
    • Chair - Consumer Protection Working Group – Association of Compliance Officers of Ireland