Image of Patrick Geortay

Patrick Geortay

Managing Partner and Banking Partner, Luxembourg

"I focus on a wide range of transactions, from banking and structured finance to securitisation and financial regulation. With more than 20 years experience as a finance lawyer, I simplify complex issues for my clients."

Overview

Professional experience

Education and qualifications

Published works

Overview

Patrick is the  national managing partner of the firm’s Luxembourg office. He is also a partner of the Luxembourg capital markets and banking group and takes a lead in the overall coordination of the office’s real estate practice. This is Patrick’s second term as national managing partner, as he previously undertook the role between 2007 and 2010. 

Patrick is a recognised expert by the industry in banking, restructuring and insolvency, structured finance (including tax-based and fund-linked products), asset finance, debt capital markets products and securitisation. He advises international financial groups and investors on the setting up and acquisition of Luxembourg banking and insurance businesses. This includes advising on regulatory requirements, product review and monetary policy matters.

Within leveraged finance, he has worked on the Luxembourg structuring of private equity deals for both lenders and sponsors. In his real estate finance practice, Patrick has acted for many lenders and borrowers on the financing of the acquisition and construction of Luxembourg properties. He also has extensive knowledge of anti-money laundering and regulatory issues.

Work highlights

Patrick has been involved on many of Luxembourg’s most important finance transactions. These include advising:

  • on the Luxembourg Central Bank on the restructuring of the Luxembourg banking subsidiaries of Icelandic banks
  • a number of banks as the lead managers on government bond issues by the Grand Duchy of Luxembourg
  • a global bank based in the US in judicial proceedings that involved enforcement of a Luxembourg law-governed share pledge arrangements
  • State Street Bank on the restructuring of State Street’s EU activities
  • Novo Banco on insolvency issues arising from the collapse of Grupo Espírito Santo (GES). Novo Banco was created in 2014 by the Bank of Portugal as a resolution measure in respect of Banco Espírito Santo (BES)

Professional experience

Patrick sits on a number of industry committees in the financial sector.

Patrick often speaks to the wider market on the opportunities and challenges for Luxembourg’s financial sector. He also speaks frequently at conferences and is the author of several articles and publications. 

Education and qualifications

Patrick studied law at the University of Liège, Belgium and Leiden, the Netherlands, and European and international trade law at the University of Leicester, UK, and also obtained a diploma in economics and management.

He speaks French, English and has a fair command of Dutch and German.


Published works

French, English