Practice Areas - Corporate and M&A Law Firms and Lawyers
| Deal Date: | 03-05-2016 | Practice Area: | Corporate and M&A |
| Deal Title: | UK Asset Resolution - Outsourcing of Mortgage Servicing to Computershare | Industry: | Financial Services |
| Description: |
Slaughter and May advised UK Asset Resolution on its strategic and transformational project to outsource the servicing of its portfolio of GBP30 billion mortgage assets to Computershare Limited. In order to service this portfolio, Computershare acquired the mortgage servicing operations of Bradford and Bingley, making Computershare the largest third party mortgage servicer in the UK and Ireland. The outsourcing agreement had an initial term of seven years and also covered related ancillary services, such as IT and property services.
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| Financial Center: | London | Value: | 0.00-0.00 |
| Advised Party: | Service Recipient | Law Firm | Slaughter and May |
| Contract Counterparty | United Kingdom | Contract Counterparty | United Kingdom |
| Classification: |
Commercial Contracts and Outsourcing Outsourcing |
Lawyer | Guy OKeefe |
