The securitisation offering at Cadwalader, Wickersham & Taft LLP is well established in the market, being frequently sought after by a portfolio of clients that includes BNP Paribas, JP Morgan, Wells Fargo and others for CLO, ABS, CMBS, RMBS and various other transactions. Based out of New York, Mike Gambro is particularly well-versed in CMBS transactions, and co-heads the team with the Charlotte-based Stuart Goldstein, who is often sought after by clients for his expertise in CRE CLOs and any ancillary commercial real estate securitization matters. Neil Weidner is adept in securitisation of conventional and unconventional credit assets, alongside his experience in CLO transactions. Ryan McNaughton is a key member of the team for ABS transactions, lending to the team his expertise in esoteric asset-backed securities, including media royalties, whole business and digital infrastructure. Sophie Cuthbertson and Joseph Beach are also cornerstones of the team, with Beach’s experience in syndicated and middle market CLOs complementing Cuthbertson’s work on alternative securities structures and assets including solar and student loans. Lisa Pauquette advises financial actors in various CMBS securitisations, alongside Jeffrey Rotblat. Adam Risell has departed the team. Lawyers are in New York unless otherwise stated.
Structured finance: securitization in United States
Cadwalader, Wickersham & Taft LLP
Responsables de la pratique:
Michael Gambro; Stuart Goldstein
Autres avocats clés:
Neil Weidner; Ryan McNaughton; Joseph Beach; Sophie Cuthbertson; Lisa Pauquette; Jeffrey Rotblat
Principaux clients
BNP Paribas
Morgan Stanley, ATLAS SP Securities, J.P. Morgan Securities, Goldman Sachs, Santander US Capital Markets and Performance Trust Capital Partners, as Placement Agents (MF1 2024-FL15 LLC)
CIBC Bank (Trinitas CLO XXV)
Cantor Fitzgerald and ING (Alterna Funding 2024-1)
JPMorgan and Freddie Mac
Goldman Sachs (GS Mortgage Securities Corporation Trust 2024-MARK)
JP Morgan, Citi and Deutsche Bank (BX 2024-BIO)
Wells Fargo Securities, LLC., as Placement Agent (LMREC 2024-CRE5)
Värde Partners
Société Générale
GreensLedge Capital Markets LLC (Deerpath CLO 2018-1 reset)
Morgan Stanley
Benefit Street Partners L.L.C. (BSPRT 2024-FL11)
AXA Investment Managers
Voya Alternative Asset Management (Voya 2024-5)
Truist Securities, Inc., Wells Fargo Securities, LLC and ING Financial Markets LLC
Goldman Sachs, Deutsche Bank, Barclays, Bank of Montreal; Barclays, 3650 REIT, UBS, Deutsche Bank, Société Générale, Benefit Street
Wells Fargo (VCC Varagon CLO 1)
Goldman Sachs (ELM Trust 2024-ELM)
Deutsche Bank Securities (Golub Capital Partners CLO 8)
Principaux dossiers
- Represented BNP Paribas in its $5 billion strategic financing and capital markets collaboration with ATLAS SP Partners (ATLAS), the warehouse finance and securitized products business majority owned by Apollo (NYSE: APO) funds.
- Represented JP Morgan, Citi and Deutsche Bank as lenders in a $1.2 billion loan in connection with three life sciences properties in San Francisco and Cambridge, owned by Blackstone.
- Closed two CMBS conduit securitizations that collectively included more than $1.975 billion of commercial mortgage loans, where Cadwalader represented each issuer as well as 10 of the 16 loan sellers
Dechert
Dechert LLP‘s global finance practice is well-established in the securitisation space, offering broad expertise in CLOs, CMBS, CRE, and ABS, with considerable experience in esoteric asset securitisations, including student loans, franchise fees, digital infrastructure, and in particular, automobile loans. The team additionally fields a considerable workload in CRE CLOs and CMBS, and is a port of call for underwriters, issuers and asset sellers. New York-based Andrew Pontano‘s expertise encompasses private and public securities, and has previously operated in transactions involving auto loans, student loans and trade receivables, among a diverse array of esoteric asset classes. He co-heads the team with the Charlotte-based Stewart McQueen and Christopher Duerden, with both fielding considerable track records in CMBS and CRE CLOs, the former’s experience in warehouse facilities, mortgage and mezzanine loans complementing the latter’s capacities in the middle market sector and trade receivable securitisations. in New York, Laura Swihart is sought by clients for her experience in advising mortgage loan sellers and subordinate bond buyers in various CMBS transactions, while Charlotte’s John M Timperio is often turned to for his experience in CLO structures.
Responsables de la pratique:
Andrew Pontano; Christopher Duerden; Stewart McQueen
Autres avocats clés:
Laura Swihart; John Timpero
Les références
‘Andrew Pontano’s team is knowledgeable, experienced and practical from a business perspective ’
‘Andrew Pontano-Knowledgeable, experienced, responsive and great to work with. William Luciani-Knowledgeable, responsive and also great to work with!’
Principaux clients
AGL Credit Management LLC
Antares Capital Advisers LLC
Apollo L.P.
Auxilior Capital Partners, Inc.
Bain Capital Credit CLO Advisors, LP
Ballyrock Investment Advisors LLC
Bank of America
Barings LLC
BlueOwl
BMO Capital Markets Corp.
Citibank NA / Citigroup Global Markets
CoreVest American Finance Lender LLC
Deutsche Bank Securities Inc.
Farmer Mac
Federal Home Loan Mortgage Corporation (“Freddie Mac”)
First Help Financial LLC
Generate Advisors, LLC
Golub Capital
Invesco, Inc.
J.P. Morgan Securities LLC
KKR Credit Advisors (US), LLC
Lobel Financial
Merchants Capital Corp.
MF1 Capital LLC
Monroe Capital
Octagon Credit Investors, LLC
Pagaya Structured Products LLC
Palmer Square Capital Management LLC
Poxel
Stellantis Financial Services, Inc.
Stifel Financial Corp.
Torch Light
Wells Fargo Bank
Wells Fargo Securities, LLC
Principaux dossiers
- Represented Freddie Mac in over 690 securitizations totaling approximately US$610 billion since 2009, including advising on approximately 55 deals in 2023 with the cumulative issuance of more than US$36.7 billion.
- Represented Blue Owl as B-Piece Buyer and Third Party Purchaser in connection with a US$2.95 billion CMBS SASB transaction, where Wells Fargo Bank, National Association was acting as retaining sponsor.
- Advised MF1 in the offering and issuance of notes.
Kirkland & Ellis LLP
Noted for its ‘deep sector expertise, a client-centric approach, and a commitment to innovation that consistently delivers exceptional outcomes’, Kirkland & Ellis LLP‘s securitisation offering is well-positioned to offer expertise in CLOs, whole business, digital, oil & gas, timeshare and trade receivables securitisations. Based in New York, Michael Urschel is considerably experienced in transactions involving digital assets, including cellular towers, data centers, and fiber, alongside media royalties and renewable energy infrastructure, and co-heads the team with Kelly Mellecker, who distinguished for her experience in digital infrastructure securitisation. Jared Axelrod, also in New York, is praised as ‘first in class knowledge and skills’, especially in negotiating and structuring CLOs. Chicago-based Joel Weinberger is sought after for his experience in advising private equity firms. Thomas Prommer, located in New York, is noted for his portfolio of mandates involving esoteric assets, including specialty lending platforms and traditional loans.
Responsables de la pratique:
Michael Urschel; Kelly Mellecker
Autres avocats clés:
Jared Axelrod; Thomas Prommer; Joel Weinberger; Evan Berman
Les références
‘Kirkland & Ellis distinguishes itself through deep sector expertise, a client-centric approach, and a commitment to innovation that consistently delivers exceptional outcomes. The team excels at fostering strong, trusted relationships, demonstrating both strategic insight and a thoughtful bedside manner that clients greatly value. What sets them apart is their ability to think beyond conventional solutions, exploring creative strategies tailored to each client’s unique challenges.’
‘The individuals I work with at Kirkland & Ellis stand out as trusted advisors who consistently deliver exceptional results. Their deep expertise and strategic insight have earned my confidence to the extent that we’ve followed our lead lawyer (Evan Berman) across three firms, a testament to their unparalleled value. They combine this expertise with a great bedside manner, offering thoughtful and empathetic counsel that makes even the most complex issues manageable. Moreover, their reputation precedes them—well-known and highly respected within the industry, they bring both credibility and influence to every matter they handle.’
‘Solid CLO practice led by a seasoned and energetic partner. Clients stand to benefit from their expertise representing CLO managers across various transactions and matters. Moreover, their insights of the market, deal terms, and regulations is a tremendous tool that can help clients navigate various aspect of the CLO lifecycle. ’
Principaux clients
Blackstone
Blue Owl Capital
Bojangles’ Restaurants, Inc.
CoreWeave, Inc.
Diversified Energy Company PLC
Maverick Natural Resources
Oaktree Capital Management
Travel + Leisure Co.
Tropical Smoothie Café, LLC
QDOBA Restaurant Corporation
Principaux dossiers
Latham & Watkins LLP
Latham & Watkins LLP’s securitization offering is noted for its ‘unrivaled experience and capabilities’ in traditional and esoteric asset securitization matters. The team has a strong track record in ABS matters, particularly CLO transactions, including those involving unconventional asset classes such as green energy, oil &gas, music, tech, along with commercial and rental mortgages and rental properties. Matthew Hays heads the practice out of Chicago, and is widely experienced in a vast array of ABS transactions, warehouse facilities, and asset sales in the finance, technology, automotive and manufacturing industries. Kevin Fingeret is a key member of the team for transactions involving wholesale businesses, aircrafts, logistic facilities, and other unconventional assets. David Siegel‘s focus extends to emerging asset classes and digital infrastructure, including fiber, data centers and aircrafts. Loren Finegold is also a key member of the team. Lawyers are in New York unless otherwise stated.
Responsables de la pratique:
Matt Hays
Autres avocats clés:
Kevin Fingeret; David Siegel; Loren Finegold
Les références
‘Unrivaled experience and capabilities.’
‘Kevin Fingeret – Kevin is extremely knowledgeable on securitizations and is both an exceptional lawyer and commercially minded as well. ’
‘This practice team are experts in this area and are someone you want on your side.’
Principaux clients
Blackstone
Deutsche Bank Securities Inc.
Cogent Communications
Goldman Sachs
Guggenheim Securities, LLC
Sumitomo Mitsui Banking Corporation
Morgan Stanley
Santander
Brookfield Asset Management
Kyte Systems Inc.
Ares
AXA Investment Managers
Beach Point Capital
Carlyle
Ivy Hill Asset Management
Morgan Stanley
Onex Credit Partners
DoubleLine Capital
King Street Capital
SLR Capital
HalseyPoint Asset Management
Principaux dossiers
Mayer Brown
Noted as ‘knowledgeable, commercial, and constructive on all engagements’, Mayer Brown‘s structured finance department is turned to by investors, issuers and underwritersin a variety of securitization mandates. The team’s broad practice experience encompasses the full gamut of ABS transactions, with a strong presence in automotive, credit card and fintech arenas, alongside various esoteric asset classes in the form of rail cars, fleet leasing, litigation finance, barges, structured settlements, and others. The team is co-led by its Chicago-based partners Julie Gillespie and Ger O’Donnell , and are both sought by clients for their strong track record in securities transactions, with the former’s experience in esoteric ABS, such as arts, music royalties receivables, solar and consumer loans complementing the latter’s expertise in warehouse financings, consumer receivables and trade finance deals securitization. Also in Chicago, Jon Van Gorp and Angela Ulum are both retained by clients for their expertise in synthetic securitizations, RMBS, and mortgage-based securitizations. Stuart Litwin has advised clients in ABS transactions within the automotive industry from his Chicago office, while New York-based Ryan Suda is the team’s port of call for CLO and CFO-related transactions.
Responsables de la pratique:
Julie Gillespie; Ger O’Donnell
Autres avocats clés:
Jon Van Gorp; Angela Ulum; Stuart Litwin; Ryan Suda
Les références
‘Marianas Trench level industry knowledge (i.e., deep). Easy to work with – counterparties know, respect and listen to the senior leaders when they speak. I wouldn’t go anywhere else for securitization help.’
‘Paul Jorissen is the smartest guy in the room and in this business normally the smartest guy in the room makes sure you know he is the smartest guy in the room. Paul is the opposite – he wants to make it seem like you are the smartest guy in the room and with his unassuming manner he is usually able to do so.’
‘I have worked with this team for over 20-years. They are the most capable underwriter’s counsel in the private CLO space. Glenn is very commercial, adept at explaining and negotiating complex concepts, creative, and cost effective. The team is responsive and efficient.’
Principaux clients
Morgan Stanley
Citizens Bank
MUFG Bank
Sotheby’s Financial Services
Ally Bank
Barclays
JPMorgan
Solar Mosaic
Goldman Sachs
Santander Consumer USA Inc.
Principaux dossiers
- Represented Sotheby’s Financial Services (SFS) to structure a first-of-its kind securitization program of loans secured by fine art and collectibles.
- Represented Volkswagen Group of America, Inc. (VWGoA) in negotiating its multi-year future relationship to enable Wells Fargo Bank to effectively become the captive finance company for retail installment sales contracts and loans to purchase Volkswagen and Audi vehicles and Ducati motorcycles.
- Represented Goldman Sachs, on Mayer Brown’s biggest transaction of 2023, the purchase of a portfolio of loan facilities valued at $15 billion from the failed Signature Bank during an auction by the Federal Deposit Insurance Corp (FDIC).
Morgan, Lewis & Bockius LLP
Morgan, Lewis & Bockius LLP remains a key contact for issuers, unerwriters, investors, and financial institutions for its diverse securitization services, advising clients on CLOs, MBS, RMBS and ABS involving auto, student and solar loans, whole loan sales, conduits and debt consolidation sales. The team is esoteric assets. Washington DC-based Mark Riccardi heads the team, and remains a cornerstone of the team for ABS backed by consumer loans, dealer floorplans, solar loans, trade receivables and commercial paper conduits, areas that New York-based Reed Auerbach is also an expert in, in addition to his experience in MBS, warehouse financings, and CLOs. Also in DC, Asa Herald is a key member of the team for RMBS and credit card receivables, while Steve Levitan continues to be sought for by clients for his expertise in complex securitizations and resecuritzations in a vast spectrum of esoteric asset classes from his New York office. Also in New York, Matthew Joseph is well-established in the unsecured consumer loan securitizations, alongside ancillary transactions involving auto loans, lease and equipment receivables. Paul St. Lawrence remains a cornerstone of the team for CLO transactions, especially in the residential mortgage space in Washington DC.
Responsables de la pratique:
Mark Riccardi
Autres avocats clés:
Reed Auerbach; Asa Herald; Steve Levitan; Matthew Joseph; Paul St.Lawrence
Principaux dossiers
Cleary Gottlieb Steen & Hamilton
Cleary Gottlieb Steen & Hamilton is a key contact for securitization mandates for underwriters, investors, asset managers, purchasers and others, offering a notable proficiency in both regulatory and transactional matters. The team particularly active in the CLO space, and includes Credit Suisse, Citigroup and Goldman Sachs as part of its portfolio of clients. Washington DC-based Michael Mazzuchi is extensively experienced in CLOs, ABS and RMBS, and co-heads the team with Macey Levington, whose practice is strongly focused on CLO transactions, alongside matters involving receivables securitisations and asset-based lending. John McGill‘s expertise in CLO transactions makes him a strong choice for investment banks, asset managers and underwriters. Amber Phillips remains a port of call for CLOs, mortgage-backed securities, and ABS transactions, while Beau Sterling advises underwriters and collateral managers in various CLO structurings. Jay Kozak is frequently engaged in advising clients on ABS, receivables securitisation, and CLO transactions. Phillips, Sterling and Kozak were promoted to partner in 2024. Lawyers are in New York unless otherwise stated.
Responsables de la pratique:
Michael Mazzuchi; Macey Levington
Autres avocats clés:
John McGill; Beau Sterling; Amber Phillips; Jay Kozak
Principaux clients
Citigroup Global Markets Inc.
Santander
BMO
J.P. Morgan
Morgan Stanley
PNC
Mizuho Securities
Blue Owl
Goldman Sachs
Credit Suisse (Prior to acquisition by UBS)
Nomura
Silver Point Capital
CVC Capital Partners
Bank of America
Jefferies
StoneX
Principaux dossiers
Clifford Chance
Clifford Chance broad practice encompasses a diverse rapport of securitization expertise, including those pertaining to CLOs, RMBS, CMBS, ABS, and is noted as ‘great at seamlessly incorporating different areas of expertise within the firm’. Robert Villani is reputed for his experience in CLO transactions, and co-heads the team with Lee Askenazi, who is sought by issuers, investors, seller and purchasers in a variety real estate-related securtisations, alongside ABS involving equity, whole and mezzanine loans. James Gouwar is particularly well-versed in tax components of ABS, CLO and REMIC transactions, areas that Paul Koppel is also highly active in. Rebecca O’Brien is turned to by clients for her expertise in CLOs, CFOs, and broad asset class securitisation experience. Rebecca Pereira is a highly active member of the team, and is at the forefront of tax-related components of the team’s securitization. All lawyers mentioned are in New York.
Responsables de la pratique:
Robert Villani; Lee Askenazi
Autres avocats clés:
James Gouwar; Paul Koppel; Rebecca O’Brien; Rebecca Pereria; Leah Wilmore; Suzy Sone
Les références
‘This team is uniquely customer service focused coupled with immense industry knowledge, insight and experience allowing for a smooth transaction that is both strategic and profitable. I work with numerous firms in the securitization sphere and believe Clifford Chance is the best of them.’
‘I work most with Lee Askenazi, Leah Willmore and Suzy Sone. Lee’s ability to condense and summarize complex ideas into understandable information that is usable even to non-lawyers is second to none. Moreover, he not only understands the big picture, he also understands the details and how they fit into my transaction expectations. Leah and Suzy’s attention to detail and work ethic are reflected throughout the transaction documents. I know they are always on top of things and I very much appreciate their willingness to gracefully answer even the dumbest questions. In short, they make me look good, which makes me a very happy client. ’
‘This is a very strong cross-border securitisation team with leading practices in both London and NY. Rebecca O’Brien in the NY office is a young partner who is very keen to grow the practice and is well respected across the CLO space. ’
Principaux clients
UBS Asset Management Americas LLC (formerly Credit Suisse Asset Management)
Nuveen Asset Management
RREEF America LLC/DWS Asset Management
NYL Investors LLC
Generate Advisors, LLC
Symphony Alternative Asset Management LLC
Bayview Asset Management, LLC (Oceanview and Lakeview)
Chimera Investment Corporation
TPG Angelo Gordon
PR Mortgage Investment, LLC
Schroders plc
American International Group, Inc (AIG)
Kroll Bond Rating Agency, LLC
Citadel Servicing Corporation (ACRA Lending)
Waterfall Asset Management (Ready Capital and Sutherland)
FirstKey Mortgage (Cerberus)
Global Net Lease, Inc.
Blue Owl Capital Inc.
Principaux dossiers
- Advised key players and tier one managers in the CLO market, including UBS Asset Management Americas LLC (formerly Credit Suisse Asset Management), Nuveen Asset Management, New York Life, RREEF America/DWS and Generate.
- Advised Bayview Asset Management in connection with:|a US$82 million secured term loan facility for its Bayview Opportunity Master Fund VI, L.P.
- Advised PRMI Capital Markets LLC, a subsidiary of PR Mortgage Investment, LP, on (a) its US$322 million securitization of newly originated open-ended revolving lines of credit secured by first lien mortgages by PRMI Securitization Trust 2023-CMG1 and (b) its US$315 million securitization of newly originated open-ended revolving lines of credit secured by first lien mortgages by PRMI Securitization Trust 2024-CMG1.
Dentons
Dentons is well-versed in the securitization space, with a strong track record in the mortgage and real estate-related securitizations. The team has previously advised on a broad range of structured finance transactions, including CLOs, ABS, CMBS, and in particular, RMBS. New York-based Stephen Kudenholdt specialises in this area, frequently acting in securitisations and resecuritisations of residential mortgage loans and mortgage-backed securities, and co-heads the team with Erik Klingenberg , who is broadly experience in ABS involving residential, commercial, mezzanine and student loans. Scott Swerdloff and Robert Olin are both highly sought after by sellers, purchasers, issuers and underwriters for their experience in advising on public and private resecuritizations. David Natter is a key member of the team for CLO transactions, while Marlo Young is adept at numerous RMBS and ABS transactions. Ryan Zucchetto ably assists underwriters and issuers in various residential mortgage-backed securities transactions. Lawyers are in New York.
Responsables de la pratique:
Stephen Kudenholdt; Erik D. Klingenberg
Autres avocats clés:
Scott Swerdloff; David Natter; Robert Olin; Marlo Young
Principaux dossiers
- Advised JP Morgan on the $6 billion acquisition and structured financing of Flagstar Bank’s residential mortgage warehouse business
- Advised FDIC on US$43 billion issuance of notes by four special purpose trusts formed by the FDIC as receiver for Silicon Valley Bank (SVB), and the sale of those notes to US Treasury’s Federal Financing Bank
- Advised the issuer in HTAP 2024-1, one of the first rated securitizations of home equity investment agreements (HEAs)
DLA Piper LLP (US)
DLA Piper LLP (US)‘s securitization department handles the full range of mandates within the market, and is experienced in CLOs, conventional and esoteric ABS, distressed legacy CDOs, C-PACE, across a spectrum of asst classes. The team is frequently turned to by investors, asset managers, underwriters and purchasers, and demonstrates notable proficiency in art, collectibles and music securitizations. Based out of New York, Richard Reilly Jr. heads the department and fields over 25 years of experience in securitisations, and is particularly well-versed in domestic and foreign CLO transactions. Grant Edward Buerstetta is frequently active in CDOs and CLO related mandates, while Los Angeles-based Claire Hall is noted for her capability in esoteric ABS, including PACE, trade receivables and music royalties. Jay Williams and Andrew Sroka are both well-reputed in their respective fields, with Williams’ expertise in resecuritzations, warehouse facilities and synthetic securitizations complementing Sroka’s capacities in the fintech space.
Responsables de la pratique:
Richard J. Reilly Jr.
Autres avocats clés:
Grant Edward Buerstetta; Claire L. Hall; Andrew M. Sroka; Jay Williams
Les références
‘The DLA team has exceptional expertise and deal management. They are capable of handling a high volume of transactions with a steady hand, and are also excellent at plugging with on-the-spot advice that is well-attuned to our business concerns. They are one of our favorite teams to work with.’
‘The combination of (i) high quality legal services / counsel and (ii) commercially reasonable individuals who understand and value the big picture of the given transaction, relationship, etc. ’
‘High touch, always available, and commercially reasonable ’
Principaux clients
Affirm, Inc.
Barclays Capital Inc.
Cadma Capital Partners
Cross River Bank
Duetti, Inc.
HarbourView Equity Partners, LLC
Lendbuzz Inc.
Nuveen Alternatives Advisors LLC
STORE Capital Corporation
Together Financial Services Limited
Deutsche Bank
Ares Management
BlackRock, Inc.
Irradiant Partners
MC Credit Partners LP
AS Birch Grove
Trimaran Advisors, L.L.C.
Goldman Sachs
Sound Point
Shenkman Capital
Lakemore Partners
Investcorp Credit Management
Nuveen Asset Management, LLC
Principaux dossiers
- Advised Barclays Capital in a transaction as sole structuring agent and lead bookrunner in connection with US$700 million in asset-backed notes issued by Sotheby’s ArtFi Master Trust.
- Advised Duetti, Inc. as issuer counsel in securing approximately US$115 million in financing through a private securitization backed by its catalog of music royalties.
- Acted as arranger counsel to Goldman Sachs on more than 20 CLO transactions, collectively valued at over US$9.5 billion.
Hunton Andrews Kurth LLP
Clients praise the ‘superb knowledge, practicality, technical expertise, strategic positioning and creativity on work’ of the securitization practice at Hunton Andrews Kurth LLP. The team fields in-depth expertise across a full spectrum of securitization services, including CMBS, RMBS and REO securitizations, synthetic credit risk transfer securitizations, and a gamut of ABS classes, such as agricultural, auto loans, credit card receivables, small business loans, and in particular, mortgage-related financing. Richmond-based Mike Nedzbala has a long track record in securitization transactions, with notable expertise in residential mortgages. He co-heads the team with Brent Lewis , who is based out of New York, and is highly regarded among issuers and underwriters for his expertise in RMBS-related transactions, along with Brit Mohler Dufilho, also from New York. Thomas Hiner brings deep experience in esoteric and emerging asset securitizations, while Cecelia Phillips Horner is well-versed in mortgage, auto and student-loan based securities and resecuritization. Janet Sadler McCrae is retained by purchasers, issuers, dealers and investors in a variety of credit risk transfer, residential and commercial mortgage-backed transactions. Shannon Daily is a key member of the team for ABS-based securitizations, especially those involving novel assets.
Responsables de la pratique:
Mike Nedzbala; Brent Lewis
Autres avocats clés:
Thomas Hiner; Cecelia Phillips Horner; Janet Sadler McCrae; Shannon Daily; Brit Mohler Dufilho
Les références
‘Hunton has continually delivered on superb knowledge, practicality, technical expertise, strategic positioning and creativity on work for our structured products. They also have gone above and beyond, including the usual late nights, weekend work to get us to “do or die” closings and otherwise save us in crises.’
‘For us, the star of this show is John Dedyo. I had worked with him for years before he joined Hunton on complex structured products, including CMOs and CDOs. At Hunton, we work with him and his team on CLOs. He is brilliant, discerning, detailed where he needs to be, big picture where he needs to be, understands the business goal and devises the map to get us there. He has always delivered in over 10 years of collaboration and many structures.’
Principaux clients
BofA Securities, Inc.
Wells Fargo Bank, N.A.
Government National Mortgage Association (Ginnie Mae)
Atlas SP (former Credit Suisse Securitized Products Group)
Angelo Gordon & Co., L.P.
MFA Financial
Capital One, National Association
Annaly Capital Management
Churchill Finance LLC
A&D Mortgage LLC
Ellington Management Group
Axonic Capital LLC
Pretium REO, LLC
Freedom Mortgage Corporation
Angel Oak
Mizuho Americas LLC
Principaux dossiers
- Represented JPMorgan, Ellington, Lone Star/Caliber, Angelo Gordon, Invictus, MFA Financial, Annaly (Onslow Bay) and Angel Oak in a continuing program of QM and non-QM REMIC residential mortgage backed securitizations as well as a number of debt for tax financing transactions of performing, reperforming and non-performing mortgage loans, including home equity lines of credit.
- Acted as program counsel to Ginnie Mae in connection with 232 Multiclass Securities transactions, representing the issuance of more than $152 billion of government guaranteed REMIC securities backed by government-insured mortgage loans, including participations in government-insured reverse mortgage loans.
- Represented the dealers/initial purchasers on each of the Freddie Mac Structured Agency Credit Risk (STACR) Notes transactions since the commencement of the program in 2013.
Katten
Katten is a key contact for asset securitizations, for both conventional and esoteric asset classes. The team’s portfolio of transactions include securitizations of timeshares, agricultural receivables, electric vehicle leases, private equity incentive fees, and others. The team team also has a strong track record in matters pertaining to regulations or captive finance companies and banks. Washington DC-based Anna-Liza Harris, is a key member of the team for tax-related securitization mandates, and co-heads the team with Howard Schickler, who is turned to by clients for his track record in structured finance transactions involving residential and commercial mortgages, trade receivables and loans out of his office in New York. Chris DiAngelo is a strong choice for mortgage financing and securitizations, an area that David Matthews also focuses on. John Keiserman and Seth Messner are both ports of call for automobile asset and whole business securitizations respectively
Responsables de la pratique:
Anna-Liza Harris; Howard Schickler
Autres avocats clés:
Chris DiAngelo; Joseph Topolski; John Keiserman; Seth Messner; David Matthews; Christopher Isaacs
Les références
‘Truly staffed with subject matter expertise is all areas of business needs. ’
‘Howard Schickler, Anna-Liza Harris and Christopher Isaacs provide relevant subject matter expertise to problem solve in various areas of need within an auto finance company organization. ’
‘Katten has had a long-standing relationship with Ford and has provided exceptional service over the years. They have strong institutional and industry knowledge to effectively advise us on all relevant matters. ’
Principaux clients
Performance Trust Capital Partners
Morningstar DBRS
Builders Capital
Fannie Mae
Momentus
Saluda Grade
Lending Club Bank
Tesla Financial
General Motors Financial
Principaux dossiers
- Representing Morningstar DBRS in its program of rating “home equity investment” RMBS deals.
- Advised Ford Credit in connection with all of its U.S. auto loan, auto lease and dealer floorplan securitization programs, including publicly registered and Rule 144A offerings and cross- border offerings from its Canadian affiliates.
- Represented Tesla Finance LLC, an originator and servicer of automobile loans and leases that is the captive finance company of Tesla, Inc.
King & Spalding LLP
King & Spalding LLP‘s structured finance offering has in-depth expertise in securitisztion transactions, and a strong track record in esoteric asset classes. The team’s mandates includes the gamut of unconventional asset securitisations, including whole business, digital infrastructure, asset-based loans, media royalties, real estate lending, trade receivables and other asset securitisations. Atlanta-based Carolyn Alford co-heads the team with Todd Holleman out of New York, and are often accompanied by Jonathan Arkins, who is retained by clients in various foreign asset-backed securitisations out of his office in Miami. Washington DC-based David Ridenour has advised issuers, underwriters, borrowers and lenders in digital infrastructure securitisations, including cellular towers, fiber and data centers. Jeff Misher is proficient in hybrid-ABD loan asset securitisation facilities. Kathryn Weiss and Martin Eid rejoined the team in 2024, and continue to offer their expertise in esoteric securitisations. New York-based Katy Berger is an up-and-coming name.
Responsables de la pratique:
Carolyn Z. Alford; Todd Holleman
Autres avocats clés:
Jonathan Arkins; David Ridenour; Jeff Misher; Kathryn Weiss; Martin Eid; Katy Berger
Les références
‘David Ridenour and Nika Silva are a dream team. They are both extremely responsive and dependable, and stand ready to act for the large volume of transaction work at my company.’
Principaux dossiers
Herbert Smith Freehills Kramer
Herbert Smith Freehills Kramer is well established in the securitization of unconventional asset classes, such as solar assets, copyrights, trademarks, patents, timeshare loans, alongside conventional assets such as residential and commercial mortgages, whole businesses, and trade receivables. The team is co-headed by a team including Gilbert Liu , a port of call for for esoteric asset securitizations ranging from venture loans to equipment leases. Laurence Pettit has previously been retained by clients for his experience in transactions involving contractor loans, residential and commercial PACE assessments, and collateralised fund obligations. Jamie Kocis is sought after by underwriters and issuers in various securitization facilities involving emerging asset classes, such as commercial PACE, timeshare loans, and solar assets. Daniel Michaelson has advised clients on ABS involving equipment leases and home improvement loans, while Daniel Michaelson is well-regarded for his experience in advising borrowers, purchasers, and service providers in transactions involving esoteric asset classes. All lawyers mentioned are in New York.
Responsables de la pratique:
Gilbert Liu; Laurence Pettit; Jamie Kocis
Autres avocats clés:
Daniel Michaelson; David S. Berg
Les références
‘Expertise in certain esoteric asset-classes bespoke transactions.’
‘Good advice, easy to work with and excellent competency.’
Principaux dossiers
Paul Hastings LLP
Paul Hastings LLP advises arrangers, collateral managers, lenders, borrowers and investors in a broad spectrum of securitization transactions. The team handles a variety of structured credit transactions, including CLOs, CMBS, RMBS, derivatives. Newly arrived Shawn Kodes co-heads the team from New York, and brings with him a portfolio of clients that includes Blackstone, Sixth Street and Apollo. Eugene Ferrer brings deep experience in the securitization market, and focuses on sophisticated CLOs, middle markets and syndicated loan facilities. Nicole Skalla is highly experienced in a variety of asset-backed securities transactions, including hybrid and synthetic CDOs and CLOs. Nicole Bright and newly arrived Matthew Nemeth are both sought after by clients for their experience in advising arrangers and collateral managers in CLO transactions, with Bright’s CLO expertise complementing Nemeth’s capacities in esoteric asset-backed financings, including solar, oil and gas assets commercial and consumer loans, and others.
Responsables de la pratique:
Shawn Kodes; Richard Davis; Eugene Ferrer
Autres avocats clés:
Nicole Skalla; Nicole Bright; Matthew Nemeth
Les références
‘Rich Davis and Rob Hopkins are pragmatical and have significant knowledge of the market. Highlight their pragmatic approach and their ability to spot and focus discussions on relevant issues.’
Principaux clients
AGL Credit Management
Apollo
ArrowMark
Atlas
Barclays
Blackstone
BNP Paribas
BofA Securities
Carlyle
CFG Partners
Citigroup
Empower
Golub Capital
GreensLedge
Group 1001
Island Finance
J.P. Morgan
LibreMax Capital
Morgan Stanley
MUFG
Natixis
Neuberger Berman
Nomura
PIMCO
Royal Bank of Canada
Sixth Street
Société Générale
Symphony Asset Management
TCW Asset Management
Wells Fargo
Principaux dossiers
Paul, Weiss, Rifkind, Wharton & Garrison LLP
Paul, Weiss, Rifkind, Wharton & Garrison LLP‘s structured credit department has a strong track record in ABF and CLO related transactions, with capabilities in a wide range of asset classes, particularly whole-business securitizations and intellectual property. The team is headed by its senior partners, which includes New York-based Robert Zochowski Jr., an experienced figure in the field of securitizations, including those involving esoteric assets, such as fiber optic networks, energy projects, music and films. Charles Pesant, also in New York, is sought after by clients for his considerable experience in domestic and cross-border securitization transactions, ranging from commercial vehicles to franchise agreements as asset classes. Anastasia Peterson is a key source of the team’s expertise in alternative asset securitizations, splitting her time between New York and London, while newly promoted Mikhel Schecter‘s portfolio of asset class securitizations includes mortgage liens, franchise royalties, intellectual property, and offers considerable activity in the diamond and media industries.
Responsables de la pratique:
Bob Zochowski; Charles Pesant; Anastasia Peterson; Mikhel Schecter
Principaux dossiers
Reed Smith LLP
Miami-based Jodi Schwimmer heads the securitization offering at Reed Smith LLP , which is characterised by its broad abilities in conventional and unconventional securitizations, and is experienced in complex mandates involving several stakeholders, considerable cross-border and cross-jurisdictional elements, along with advising a broad spectrum of clients, including trustees, issuers, dealers, lenders, and servicers. The team also fields a strong track record in diverse asset securitizations, such as CLOs, CDOs, CMBS, RMBS, and whole-businesses. Trish O’Donnell is a key member of the team for ABS transactions and financings for a wide variety of assets, including diamonds and oil and gas securitizations. Jeffrey Stern has expertise in CLOs and CFOs, including private CLOs. Lawyers are in New York unless otherwise stated.
Responsables de la pratique:
Jodi Schwimmer
Autres avocats clés:
Trish O’Donnell; Jeffrey Stern
Principaux dossiers
Schulte Roth & Zabel LLP
Clients praise the ‘depth of knowledge, experience and sound advice’ at the structured finance department at Schulte Roth & Zabel LLP, which is strongly active in asset-backed lending, conventional and esoteric securitizations. The team’s portfolio of transactions include syndicated CLOs, securitization and financing through alternative asset classes, which can include home loans, structured settlements, lottery receivables, and others. Craig Stein co-heads the team with Boris Ziser , with the former’s expertise in CLO-related transactions complementing the latter’s strong track record in conventional and esoteric asset classes, including intellectual property, timeshare loans and life settlements. Andrea Mandell is a port of call for tax-related securitzation mandates, while Phillip Azzollini is sought after by issuers and portfolio managers for his experience in CLOs and warehouse financing. Adam Singer is highlighted for his experience in asset-backed securitizations, ranging from residential mortgage loans and multi-family loans, to home improvements, litigation advancements and recreational vehicles. All lawyers mentioned are in New York.
Responsables de la pratique:
Craig Stein; Boris Ziser
Autres avocats clés:
Andrea Mandell; Phillip Azzollini; Adam Singer
Les références
‘Craig Stein’s team is an absolute pleasure to work with. They are always accommodating, efficient and consistently deliver on outstanding service and work product. ’
‘Depth of knowledge, experience and sound advice. Craig Stein is without a doubt an influential and dependable industry leader. Sam Shin is extremely hardworking and conscientious, always solution driven and efficient. Always a pleasure to work with. ’
‘Breadth and depth of knowledge. Ability to execute very bespoke transactions, while pulling expertise from their other experience. Responsive and commercial, able to weed through the noise to focus on important matters/points.’
Principaux clients
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Allstate Investment Management Company
Aristotle Pacific Capital
AS Birch Grove
Blackstone, Inc.
Cerberus Capital Management
Fortress Investment Group
GoldenTree Loan Management
Gramercy Funds Management
Marathon Asset Management
Mizuho Securities
Principaux dossiers
- Advised GoldenTree, the portfolio manager, on the creation of a series of arbitrage cash flow CLOs during the past year totalling $1.9 billion.
- Represented Fortress Investment Group LLC, as the portfolio manager, on a number of broadly syndicated and middle market CLOs during the past year.
- Represented Allstate Investment Company, as the portfolio manager, on a number of broadly syndicated CLOs during the past year totaling approximately $3.7 billion.
White & Case LLP
Clients praise the ‘unrivalled expertise, practical experience and hands-on solutions’ of the New York-based securitization department at White & Case LLP, which is sought by clients for its diverse expertise in whole business and esoteric securitizations, including business franchises, rental car securitizations, and CLOs. The team is notably experienced in both domesitc and cross-border transactions, advising on receivables and structured credit facilities. Gary Kashar heads the practice, and is experienced in advising investors and issuers. David Thatch focuses on esoteric securitizations, whole businesses securitization, and incorporated securitization financings. Elizabeth Devine‘s background in advising issuers and underwriters makes her highly attractive for securitization transactions involving whole-businesses, franchises, rental car securitizations, and other areas.
Responsables de la pratique:
Gary Kashar
Autres avocats clés:
David Thatch; Elizabeth Devine; Claudette Druehl
Les références
‘Unrivalled expertise, practical experience and hands-on solutions. ’
‘Claudette Druehl was always available, managed to explain very complex legal issues in simple words while demonstrating a lot of practical experience. ’
Principaux dossiers
Alston & Bird LLP
Alston & Bird LLP‘s securitization team offers ‘exceptional industry knowledge’ and is described by clients as a ‘go to firm for warehouse financing needs and creative solutions’. The team is proficient in a broad spectrum of securitization asset classes, including residential and commercial loans and mortgages, aircrafts, pharmaceutical royalties, solar loans, SBAs and others. Katrina Llanes co-heads the team with Tara Castillo in Washington DC, and are both highly sought after for this experience in advising underwriters, issuers, loan sellers, and other clients in asset-backed securitizations. Anna French has standout expertise in RMBS while Aimee Cummo is a port of call for SFR finance and securitizations, an area that Century City’s Steve Blevit is also highly proficient in. Lawyers are in New York unless otherwise stated.
Responsables de la pratique:
Tara Castillo; Katrina Llanes
Autres avocats clés:
Kristen Truver; Aimee Cummo; Stephen Blevit; Anna French
Les références
‘Exceptional industry knowledge – go to firm for warehouse financing needs and creative solutions – securitization partner and team have been great partners on many programs, including re-starting one this year that required to move efficiently/quickly to get the deal up and down to minimize execution risk – deep team and partners in tax/other specialties that have been great resources when structuring deals and highlighting salient considerations’
‘-Kristen Truver is great partner…excellent to work with – flexible, knowledgeable and great partner when working with issuers that need extra guidance as it is their first issuance or their first issuance in quite some time – have helped us build out and evolve our whole loan conduit program over the last decade plus’
‘Their level of service and expertise. They are incredibly reliable and knowledgeable. ’
Principaux dossiers
- Represented Discover Financial Services in an auction sale of a $10.1 billion student loan portfolio.
- Represented JPMC Bank in a public credit card securitization as issuer counsel
- Represented loanDepot, one of the country’s largest retail mortgage lenders and nonbank retail originators, as issuer and sponsor, on a $3 billion securitization of GNMA MSRs and Servicing Advances.
Arnold & Porter
Arnold & Porter’s securitization practice is characterised by a strong track record in cross-border and cross-jurisdictional transactions, advising clients on a broad spectrum of asset classes and transaction structures, which includes ABS, CLOs, CMBS, RMBS, and others. Based in Chicago, Daniel Hartnett is a key component of the team for securitizations involving residential and commercial real estate, aviation and other assets, and co-heads the team with New York-based Scott Berson, who is noted for his expertise in receivables transactions involving industrial and consumer products. Lawton Camp and Henry Morriello are both key actors in the team for residential and commercial mortgage-backed securities, Catherine Young Hagerty is a key member of the team for aviation and industrial equipment asset-related securitization.
Responsables de la pratique:
Scott Berson; Dan Hartnett
Autres avocats clés:
Lawton Camp; Henry Morriello
Principaux clients
Textainer Marine Containers VII Limited
Social Finance, Inc.
DZ Bank
Castlelake, L.P. and its subsidiaries
volofin Capital Management Group LP
Canada Pension Plan Investment Board
Principaux dossiers
- Advised volofin Finance (Ireland) Designated Activity Company and volofin Finance U.S. LLC on their inaugural issuance of notes under the Issuers’ program of financing the acquisition of aviation loan facilities.
- Represented CPPIB in connection with modifications of two loans in CMBS securitizations, and in connection with its portfolio of Freddie Mac K Series CMBS transactions.
- Primary counsel to Textainer Marine Containers VII Limited, as issuer and seller, in an asset-based securitization of shipping containers and related leases, its first issuance after its parent company, formerly listed on NYSE, was taken private by a private equity firm.
Eversheds Sutherland
Eversheds Sutherland‘s securitization team is noted by clients for its expertise in ‘complicated interplay among multiple credit facilities and ABS transactions extant within one family of companies’ and demonstrates a strong track record in a variety of securitization transactions. The team’s deals include CLOs, CMBS, residential and whole business loan deals, SASBs, and others. The team is additionally sought after for its experience in synthetic life insurance products and LIBOR floating rate securitized products. From her office in Washington DC, Lisa Rosen is highly proficient in esoteric securitization transactions, including floating rate loans, and co-heads the team with New York-based John Benson, distinguished by his expertise in commercial real estate structured finance. Atlanta-based Brennan Posner is described by clients as ‘one of the most creative minds in structured finance’ and is often at the forefront of CLOs, ABS and warehouse transactions, while. Thomas Dugan is a port of call for CMBS, single asset and agency trusts transactions.
Responsables de la pratique:
John W. Benson; Lisa A. Rosen
Autres avocats clés:
Brennan A. Posner; Thomas F. Dugan
Les références
‘Stand out partner – Brennan Posner. Brennan is always available (as expected) but he also knows when he needs to research vs. when he knows right off the cuff.’
‘They are a small team that is one of the best in catering to the customer. They are always available. They are also extremely creative and help work through situations and structures.’
‘The ES team really understands the complicated interplay among multiple credit facilities and ABS transactions extant within one family of companies. More broadly, ES understands our complete set of legal needs.’
Principaux dossiers
Norton Rose Fulbright
Norton Rose Fulbright‘s securitization offering is praised by clients as ‘uniquely skilled and very responsive’, and is experienced at advising underwriters, issuers, warehouse lenders, servicers, investors, and other clients in a variety of securitization transactions. The team’s mandate of expertise includes conventional assets, such as whole businesses, credit warehouse and other residential mortgages, along with unconventional asset classes such as clean energy loans, aircraft leases, trade receivables, pharmaceutical royalties and tax liens. The team is co-headed by New York-based Patrick Dolan and Andrew Coronios, whose breadth of expertise including representing warehouse lenders, issuers, underwriters and investors, along with cross-border securitizations. In San Francisco, Eric Tashman is noted as an expert in utility securitizations, an area that New York-based Matt Hughey is also active in.
Responsables de la pratique:
Patrick Dolan; Andrew Coronios; Eric Tashman
Autres avocats clés:
Matt Hughey
Les références
‘The team is uniquely skilled and very responsive. The legal work and client service are consistently first rate. ’
‘Patrick Dolan is simply the best securitization counsel we have encountered over many years and a variety of transactions. His legal work is first-rate and his attention to detail is amazing.’
‘Patrick Dolan is an outstanding Partner. He is reliable and shows extreme dedication and support in delicate situations. We had to handle a difficult negotiation in August, and he was proactive, resourceful and pragmatic.’
Principaux clients
JPMorgan Chase Bank
Southern California Edison Company
Bank of Nova Scotia
Varadero Capital
Jefferies
DBRS
Goldman Sachs
North Texas Higher Education Authority
Citigroup
RBC Capital Markets
Barclays Bank
Entergy Corporation
Tesla Energy OperationsFinance
Arosa Capital Management
GoodFinch Management
Credit Agricole
ING Capital
AG Resources
Principaux dossiers
Ropes & Gray LLP
Ropes & Gray LLP‘s capital markets securitization department leverages experience in advising issuers, invesors and asset-managers in various securitization transactions, especially those with a strong digital infrastructure component, including those involving fiber assets and wireless communication infrastructure. The team’s expertise also extends to whole business, residential and commercial mortgages, and other asset classes. Boston-based Patricia Lynch is the head of securitization, and is broadly experienced in structured finance transactions, including those pertaining to CLOs and stranded cost securitizations. She is accompanied by capital markets co-heads Paul Tropp and Craig Marcus as department heads. Based in New York, Christopher Poggi and Matthieu Wharmby are retained by clients for his experience in ABS transctions, whole-businesses securitizations, and alternative assets securitizations.
Responsables de la pratique:
Patricia Lynch; Craig Marcus; Paul Tropp
Autres avocats clés:
Christopher Poggi; Matthieu Wharmby
Principaux dossiers
Sidley Austin LLP
Sidley Austin LLP‘s global finance department has a strong track record in a spectrum of securitization products, including conventional asset-backed and mortgage-backed securitizations, along with collateralized loans, conduit transactions and synthetic securitizations, and other products. The team names Barclays, Goldman Sachs & Co, JPMorgan Chase and Wells Fargo Bank among its portfolio of clients, and is a frequent operator in overseeing the securitization of primes and subprimes, partnerships of funds, and other transactions, often representing underwriters. The team is headed by its senior partners, including New York-based Jonathan A. Nunes, who is sought after by clients for his experience in representing, issuers, underwriters, investors and loan sellers. In addition, Leslie Plaskon is a key actor in mandates involving cross-border components, and is also based out of New York, while Angela Fontana co-leads the global finance offering out of Dallas.
Responsables de la pratique:
Angela Fontana; Leslie A. Plaskon; Jonathan A. Nunes
Principaux clients
Achieve Personal Loans
Apollo
Athene Holding
Atlas SP
Bank of America
BlackRock Funds
BMO
Barclays
Carlyle Group
Citigroup
Goldman Sachs & Co
Hildene
Hudson Advisors
JPMorgan Chase
Jefferies Finance
KKR
Morgan Stanley
RBC Capital Markets
Starwood Capital Markets
Thrivent Financial For Lutherans
Wells Fargo Bank, N.A.
Principaux dossiers
Simpson Thacher & Bartlett LLP
Simpson Thacher & Bartlett LLP‘s securitization practice maintains strong capabilities in asset securitization products, such as bank credit card receivables, data center revenue, whole business securitizations, future revenue streams, asset-backed commercial papers, and other sophisticated asset classes, and operate in various transactions that involving data centers, digital infrastructure, and vehicles. New York-based John Schueller heads the practice, and is sought after for his broad securitization expertise, advising underwriters, issuers, acquisition parties, syndicated loa managers and borrowers of securitized facilities. The team’s capacity is bolstered by the Washington DC-based Katherine Draper, who was promoted to partner, and whose portfolio of clients includes various actors in the digital infrastructure and data center sectors, including Vantage Data Centers, DataBank Holdings and TierPoint.
Responsables de la pratique:
John Schueller
Autres avocats clés:
Katherine Draper
Principaux clients
ALLO Communications
DataBank Holdings
ExteNet Systems
Flexential Corp.
KKR
MassMutual
Stonepeak
Switch
TierPoint
Vantage Data Centers Issuer, LLC
Vertical Bridge Holdings, LLC
Principaux dossiers
- Represented CenterSquare Issuer LLC and CenterSquare Co-Issuer LLC in connection with their $400 million offering of 5.200% Secured Data Center Revenue Term Notes, Series 2024-1, Class A-2; $85 million offering of 5.600% Secured Data Center Revenue Term Notes, Series 2024-1, Class B; and $400 million offering of 5.400% Secured Data Center Revenue Term Notes, Series 2024-2, Class A-2.
- Represented Switch ABS Issuer, LLC and Switch ABS Co-Issuer, LLC in connection with their debt offering of $657.6 million of 6.280% Secured Data Center Revenue Term Notes, Series 2024-1, Class A-2 and $94.2 million of 6.500% Secured Data Center Revenue Term Notes, Series 2024-1, Class B.
- Represented the lending banks in connection with the structuring and installation of a new $3.0 billion asset-backed vehicle fleet lease warehouse credit facility for Element Fleet Corporation.
Weil, Gotshal & Manges LLP
Weil, Gotshal & Manges LLP is experienced in advising clients on a variety of securitization transactions, with a demonstrable focus on those involving esoteric assets. The team has advised Goldman Sachs, Wells Fargo, and Citi in securitizations asset classes ranging from commercial and residential real estate receivables, oil and gas sales, music royalties, and triple-net leases, alongside the team’s considerable activity in the CLO market. Frank Nocco heads the team from New York, and acts for issuers, underwriters, investors, and collateral managers for a variety of conventional and esoteric transactions, including whole business securitizations in the oil and gas and diamond sectors. Jason Smith is a port of call for financial companies, credit enhancers, issuers and investors in various securitization transactions involving commercial, student, equipment and solar loans, alongisde diamonds, subscriptions and other esoteric assets. Shawn Kodes and Daniel Nicholas departed the team in 2024.
Responsables de la pratique:
Frank Nocco
Autres avocats clés:
Jason Smith
Principaux clients
Aflac Asset Management LLC
Blackstone Liquid Credit Strategies LLC
Donlen LLC
Enterprise Fleet Management, Inc.
Europcar Mobility Group
Fox Rent A Car Inc.
Goldman Sachs
Guggenheim Securities LLC
KKR Credit Advisors LLC
Lendmark Financial Services LLC
Liberty Advisors LLC
Morgan Stanley & Co. LLC
Nuveen Alternative Advisors LLC
Purchasing Power, LLC
Wheels, LLC
Principaux dossiers
- Advised Merchants Automotive Group, LLC in connection with the $1.050 billion refinancing of its rental vehicle asset-backed securitization facility.
- Advised Liberty Advisors LLC in a collateralized loan obligation transaction with Haussmann 1864 Capital Management LLC (an affiliate of Société Générale). The loans advanced to the CLO vehicle will be used to invest in a portfolio of project finance loans.
- Advised a special purpose bankruptcy remote subsidiary of Wheels, LLC in its issuance of $1,000,000,000 Series 2024-1 term notes secured by a revolving pool of vehicle loans and leases.
Winston & Strawn LLP
Winston & Strawn LLP‘s structured finance team is highly active in the structured finance market, advising clients on various transactions involving conventional and esoteric asset classes. The team’s experience encompasses residential mortgages, aircraft and transportation finance, ESG structured finance, CMBS, venture loan securitization, and equipment leasing. The team is particularly involved in residential mortgage and servicing right assets, an area that New York-based Chris Gavin specializes in, and co-heads the team with Pete Morgan, who is sought after by underwriters, insurers, investors, banks, and other clients for his expertise in public and private securitizations and warehouse financings, along with lease arrangements. Chicago-based Michael Mullins is a key member of the team for transactions requiring expertise in CLOs, warehouse financing, private equity, hedge and loan funds. Claudine Chen-Young is noted for her experience in representing underwriters, investors, banks and originators in securitization and mortgage finance involving residential and commercial assets.
Responsables de la pratique:
Chris Gavin; Pete Morgan
Autres avocats clés:
Mike Mullins; Claudine Chen-Young; Sean Kelly; Chris Capitanelli
Les références
‘The Winston team is a pleasure to deal with. Even in the most contentious of negotiations, they maintain a constructive attitude, and gain support for a mutually satisfactory resolution. Often times when teams such as theirs are technically proficient with a strong attention to detail and \’knock on effects\’ of decisions, they lose a view of what is commercially reasonable, but that is not the case with the Winston team. They are consummate professionals and I enjoy working with them. They are my \’go to\’ law firm.’
‘Stand outs are Sean Kelly, Chris Capitanelli, and Pete Morgan. They are always reachable, and make our transactions a priority, and add value.’
Principaux clients
Ellington Financial Inc.
Experity Ventures LLC
Monroe Capital
Operadora Falcon dba Xepelin
Petros PACE Finance, LLC
TempleView Capital Funding, LP