Thomas William Cochran

  • Partner
  • 99 Bishopsgate
  • London EC2M 3XF
  • United Kingdom
  • T +44.20.7710.4652


Tom Cochran is a partner in the Finance Department of the London office of Latham & Watkins and a member of the Structured Finance Practice.

Mr. Cochran’s experience across asset classes includes advising on transactions collateralized by trade receivables, NPLs, corporate loans (CLOs and direct lending), residential mortgage loans, unsecured personal loans, auto loans, credit card receivables, and other esoteric asset classes. The transactions have arisen in the context of portfolio acquisitions,  corporate restructurings, broader M&A transactions, ongoing treasury management, and portfolio acquisitions, each of which have demanded bespoke financing solutions. He has advised on the full breadth of securitization structures from traditional public securitizations to private conduit-funded warehouse financings. 

Mr. Cochran has also advised on a number of structured trade and commodity related finance transactions, including commodity receivables securitizations for large energy traders, freight receivables securitizations, inventory and commodity backed structured finance transactions, and structured supply chain finance solutions. 
Prior to joining Latham, Mr. Cochran was an executive director at Goldman Sachs supporting its securitization and structured finance businesses. 


Mr. Cochran’s transactional experience includes:

  • Portfolio acquisitions of residential mortgage loans and unsecured personal loans (including, through portfolio call options) and associated bridge financing and/or follow-on or “exit” securitization transactions 
  • Establishing an NPL joint venture platform for a European credit management specialist and third party investor
  • Delivering global trade receivables securitizations for large chemicals groups*, various commodity traders*, and a global shipping group (with experience in over 30 jurisdictions) 
  • Advising a leading investment bank on a complex warehouse financing for a global payment provider leveraging the credit card networks
  • Acting on behalf of leading international banks in connection with a number of UK and South African auto loan securitizations
  • Advising on a number of conduit-funded securitizations of unsecured personal loans originated by Scandinavian banks and Fintechs
  • Establishing a number of innovative consumer energy receivables securitizations 
  • Assisting with the structuring and regulatory advice on CLOs and CLO risk retention vehicles 
  • The wholesale restructuring of a European bank’s ABCP conduit program* 
  • A proposed working capital facility to be provided to a distressed European refinery collateralized by crude oil and refined product* 
  • A range of matters relating to certain central bank funding facilities available under the Bank of England’s Sterling Monetary Framework*

*Matter handled prior to joining Latham

Thought Leadership

  • European Commission Proposes Amended Framework for the Securitisation of Non-Performing Exposures -  September 08, 2020
  • Impact of COVID-19 Measures on European Asset-Backed Securitisations -  April 24, 2020
  • STS Securitisations: Further Clarity on Two Sets of Technical Standards -  November 25, 2019
  • EU Securitisation Reporting Rules Hit the Home Stretch -  November 05, 2019

“He works at at a high level; his technical qualities and client service are impeccable.”

Chambers UK 2022
Bar Qualification
  • England and Wales (Solicitor)
  • LPC, BPP Law School, London, 2007
  • Graduate Diploma in Law, Oxford Brookes University, 2006
  • BA in Modern History, Magdalen College, Oxford University, 2005
  • Financial Institutions
  • Retail & Consumer Products
  • Fintech
  • Energy & Infrastructure
  • Structured Finance