Lord Securities Corp. (LordSPV) and Jersey-based law firm Bailhache Labesse have recently formed a partnership enabling the two to offer multi-jurisdictional SPV administration, under the LordSPV banner.

For Lord, the relationship allows it to offer its ABCP clients a "one-stop-shop" solution for issuing paper in both the U.S. and European markets, as opposed to engaging multiple administrative entities. Lord has had an Australian-based entity for several years, which has allowed it the same capabilities in the U.S./Australian markets.

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