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Hunton Andrews Kurth adds structured finance partner in London

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Hunton Andrews Kurth continues the expansion of its structured finance and specialty finance and tax and ERISA practices with the addition of David Klass as a partner in the firm’s London office.

Klass brings more than 15 years of experience advising on a wide range of tax issues and transactions, particularly those with an international element. He has extensive experience advising clients on the tax aspects of cross-border mergers and acquisitions, structured finance transactions (advising both asset originators and arrangers), as well as the U.K. and international tax aspects of corporate group reorganizations. Most recently, he advised a major international pharmaceuticals producer in a European trade receivables securitization, and also advised several European multinationals on the U.K. tax aspects of their U.K. energy projects. He also advised French state railway SNCF on the merger of its interest in the Eurostar link between Paris, London and Brussels into a single joint venture company.

He was previously a partner at Gide Loyrette Nouel, according to his LinkedIn profile.

“David brings significant experience with U.K. tax aspects of corporate and structured finance transactions and is particularly well known for his insights into tax developments in the U.K. related to Brexit,” said Cecelia Philipps Horner, who co-heads the firm’s tax and ERISA team. “He will be a great addition to our firm’s London office, which is located at the heart of one of the world’s major financial and transactional centers.”

The addition of Klass follows the firm’s addition of Angus Duncan in 2018 to spearhead the expansion of its structured finance and specialty finance practices in London.

A graduate of Oxford University and the College of Law in London, Klass has authored numerous articles in prestigious tax publications such as Tax Notes International and the Tax Journal and is a regular contributor of content and comment to LexisNexis and Practical Law Company. Prior to joining Hunton Andrews Kurth, Klass was a partner with the London office of international law firm Gide Loyrette Nouel headquartered in Paris.

Hunton Andrews Kurth is a global law firm of more than 1,000 lawyers handling transactional, litigation and regulatory matters for clients in industries including energy, financial services, real estate, retail and consumer products and technology.

For more than 30 years, it has represented clients in connection with mortgage-backed and asset-backed securities offerings and other structured financing matters. The practice represented the issuer of the first REMIC program backed by the full faith and credit of the U.S., the first auto loan synthetic securitization transaction, the first RMBS structure involving the issuance of floating-rate securities, the first securitization of re-performing FHA and VA loans, the first master trust servicer advance securitization structure, in 2002, and the first GSE/Agency credit risk transfer issuances, in 2013. Other areas of practice focus include capital markets, mergers and acquisitions and intellectual property.

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