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Mark Fennessy |
Orrick, Herrington & Sutcliffe was one of a very small number of firms that had a significant involvement in restructuring three of the biggest casualties of the liquidity crisis -- Cheyne Finance, Rhinebridge and Whistlejacket. “Their work on the SIVs was really important,” commented one banker. Orrick also worked on a number of SIV-lites and asset-backed commercial paper conduits over the past year. Partner Mark Fennessy has been at the forefront of the firm's efforts and heads up the restructuring team in London.