GLAS News

March 7, 2022

GLAS Promotes Simon Schiff to Head of Legal, UK

LONDON, 7 March 2022 — GLAS is pleased to announce that Simon Schiff has been appointed Head of Legal, United Kingdom. In his new role, Schiff will lead a team of lawyers in the UK and liaise with the broader GLAS legal team across the globe to refine the firm’s legal offering for clients.

GLAS’s global legal team provides prescriptive, highly bespoke advice to all departments within the firm including transaction managers covering agency and trust roles in the loan and bond markets as well as those supporting enforcements and restructurings. In keeping with its commitment to providing the highest quality client service, GLAS’s internal legal team provides essential flexibility and responsiveness to deal parties as they work to bring complex transactions to smooth closures. Close collaboration between the legal team and transaction manager group enables GLAS to seamlessly process transactions helping deal parties to avoid additional bureaucracy and external legal costs.

“I am looking forward to managing and growing the legal function at GLAS as we experience rapid growth and expansion as a company and team,” said Schiff. “GLAS is working on some of the most high-profile and complicated transactions in the debt market, making this an exciting time to support our clients navigating legal challenges and searching for bespoke advice and solutions.”

Prior to GLAS, Schiff amassed deep experience in private practice at Hogan Lovells on the Debt Capital Markets team, and Simmons & Simmons on the Structured Finance team. He will leverage his extensive knowledge of management in a private practice setting to continue crafting a strong, entrepreneurial legal team at GLAS.

“Simon has shown great leadership and an extraordinary combination of legal expertise and commercial awareness during his tenure at GLAS,” said Brian Carne, Co-Chair and General Counsel at GLAS. “Our clients find our legal team’s contributions to be invaluable, and I am thrilled to see Simon bring our legal team to the next level as our business and portfolio continues to grow.”

Schiff previously served as Legal Counsel at GLAS.

About GLAS

Global Loan Agency Services Limited was established in 2011 as an independent provider of institutional debt administration services. The company was originally created to provide the market a willing participant in complex loan restructuring transactions where many large institutions are reluctant to take swift and cooperative action. It offers a wide range of administration services developed specifically for the debt market. GLAS is recognised as the premier independent, non-creditor, conflict-free provider of loan agency and bond trustee services, with excess of EUR 110bn of assets under administration on a daily basis. For more information, please contact media@glas.agency.

GLAS Team, London