Hall Of Fame

Leading Partners

Next Generation Partners

Leading Associates

Rail and road: finance in United States

Vedder

Representing lenders, government agencies, manufacturers, and operators, the team at Vedder has extensive experience managing domestic and international leasing and debt financing. The firm is well-placed to handle railcar purchases and securitizations of railcar portfolios, with experience with both borrowers and lenders. Based in Chicago, Geoffrey Kass leads the team alongside fellow Chicago-based Michael Draz, who undertakes a range of portfolio acquisitions and divestitures. New York’s Jeffrey Veber is well-versed in cross-border leveraged leases and asset purchase agreements. In Chicago, Joel Thielen excels in representing private equity funds, hedge funds, and commercial banks. Clay Thomas, in Los Angeles, is a key name in investment fund formations and joint ventures. Rounding out the team in Chicago is Jillian Musa, who has experience handling the establishment of offshore leasing platforms and matters involving syndicated equity. John Bycraft retired in December 2024.

Responsables de la pratique:

Geoffrey Kass; Michael E. Draz


Autres avocats clés:

Jeffrey Veber; Joel Thielen; Clay Thomas; Jillian Musa; Mark Ditto


Les références

‘The group has expertise in the transportation sector.’

‘The Transport Rail and Road finance practice has deep experience, is practical, creative, responsive, and great to work with.’

‘Michael Draz, Mark Ditto, and Clay Thomas are outstanding!’

Principaux clients

Chicago Freight Car Leasing Co.


Atlas SP


Export Development Canada


Greenbrier


ITE Management


J.P. Morgan Asset Management


National Steel Car Limited


PNW Railcars, Inc.


Stonebriar Commercial Finance


Trinity Industries, Inc.


AITX


Banc of California


Enkay Leasing


The InStar Group


KeyBank


Midwest Railcar LLC


Principaux dossiers


  • Represented Trinity Industries Leasing Company in an extension and expansion of a $1.05 billion secured term loan financing of a portfolio of railcars and related leases.
  • Represented ITE Management in connection with a $400 million STEAM 2024-1 railcar asset-backed securitization.
  • Represented AITX in connection with a $550 million senior unsecured issuance of investment grade notes.

Moore & Van Allen, PLLC

The team at Moore & Van Allen, PLLC frequently works with operating lessors, investment firms, and national financial institutions on a comprehensive range of financing matters, including structuring and negotiating financing and sale terms. The firm has particular strength in due diligence regarding railcar leases and federal and state tax matters. In Charlotte, Matthew R. Mollozzi specializes in equipment finance transactions, alongside being well-versed in structured finance transactions, including direct loans, leases, and securitizations. Working alongside him in Charlotte is Emily Young, who is a popular choice for private investment firms, alongside both borrowers and lenders. Rob Kenny leads the team, also from Charlotte.

Responsables de la pratique:

Rob Kenny


Autres avocats clés:

Matthew R. Mollozzi; Emily Young


Principaux clients

ITE Management


The |InStar| Group


CIT Rail, a division of First-Citizens Bank & Trust Company


Wells Fargo Rail Corporation


Boundary Rail


Citizens Asset Finance, Inc., a division of Citizens Bank, N.A.


AITX


Banc of America Leasing & Capital, LLC


Amergin Asset Management


SMBC Equipment Finance


Truist| Equipment Finance


Riverside Rail


KeyBank Equipment Finance


Ansley Park Capital


Chicago Freight Car Leasing


Principaux dossiers


  • Represented US and Canadian SPE subsidiaries of ITE Management in connection with a $385 million (optional increase to $600 million) revolving loan warehouse facility for railcars and related leases.
  • Represented US and Canadian SPE subsidiaries of The InStar Group, LLC in connection with a $305 million (optional increase to $500 million) revolving loan warehouse facility for railcars and related leases.
  • Represented The InStar Group, LLC in connection with a $136 million term loan for railcars and related leases.