Loyens & Loeff boosts its Banking & Finance
21 Mar, 2012
Loyens & Loeff boosts its Banking & Finance practice by hiring attorney at law Martijn Rongen
Amsterdam, 19 March 2012 – Martijn Rongen (42) joined the legal and tax firm Loyens & Loeff on 12 March 2012, working as an attorney at law at the Amsterdam office. He is a member of the Banking & Finance practice, specialising in securitisations. Rongen recently obtained a doctorate at the Radboud University of Nijmegen with his topic being the assignment of claims in the financial practice.
Rongen has taught at the Radboud University of Nijmegen and performed research there since 1994 and has also worked as a consultant for the law firm Nauta Dutilh since 2005. He still lectures at the Grotius Academy, where he teaches the specialist course of structured finance.
Earlier in February, Rongen gained his PhD at the Business & Law Research Centre of the Radboud University of Nijmegen, with the assignment of claims as his topic. Claim assignment plays an important role in today’s financial practice. For many companies and banks, accounts receivables of customers and loan receivables constitute valuable assets whose value can be converted into cash by way of the assignment. By selling claim portfolios, a company can finance itself, control default risks or clean its balance sheet.
In his doctoral thesis, Rongen handled a number of key themes in the assignment of claims that are of interest for financial transactions, such as securitisations, factoring and covered bonds. The emphasis is on securitisation. This concerns the conversion of loans in marketable securities and it is one of the most important financial innovations of the last 30 years.