STRUCTURED FINANCE STRATEGIES


Our Structured Finance Strategies Practice Group attorneys have experience with, and have participated in, numerous public and private transactions involving the issuance of securitized and structured products in virtually every asset class in the asset-backed, mortgage-backed and structured products markets. As a result of this wide-ranging experience, our Structured Finance Strategies Practice Group is also well positioned to help our clients capitalize on opportunities relating to so-called "legacy" assets (such as commercial mortgage loans) that remain on the balance sheets of various financial institutions. In the current market environment, our familiarity with complex, high-stress workout situations coupled with our understanding of deal structures and strategies for investors and sellers of distressed assets enables us to provide clients with comprehensive and innovative solutions. We have a proven ability to manage complex transactions, as well as routine transactions driven by speed and cost considerations.

We represent issuers, underwriters, placement agents, investment banks, institutional investors and investment funds, credit enhancement providers, collateral managers, bank conduits, liquidity providers, swap counterparties, servicers, sellers and trustees in securitizing and financing assets, and in issuing, restructuring and/or investing in various structures.

Among the areas that our Structured Finance Strategies Practice Group can assist clients are the following:

  • Asset-backed and mortgage-backed securities transactions.
  • Restructurings and workouts of distressed securitization transactions.
  • Acquisitions, dispositions and related restructurings of a wide range of assets, including RMBS, CMBS and CDOs.
  • Evaluating transaction structures, the underlying assets and the impact of agreements governing rights and remedies among borrowers and various stakeholders.
  • Advising with respect to disputes among various tranches of the capital stack.
  • Advising with respect to various government initiatives, including the Term Asset-Backed Securities Loan Facility (TALF), the Public-Private Investment Program for Legacy Assets (PPIP), and the Troubled Assets Relief Program (TARP).
  • Advising parties to synthetic and derivative transactions in instances where a counterparty under such a transaction is a debtor in a bankruptcy case.

Our attorneys have expertise in structures involving:

  • Asset and receivables purchase facilities
  • Asset-backed commercial paper funded purchase facilities
  • Auto loan and lease securitizations, including subprime auto transactions
  • Auto loan financing facilities
  • CDOs, CBOs and CLOs (including cash and synthetic)
  • Commercial paper facilities and programs
  • CMBS and RMBS
  • Consumer loans
  • Credit card receivables securitizations
  • Derivatives and structured products, including interest rate swaps, credit default swaps and total return swaps
  • Energy-related products
  • Franchise loans
  • Insurance and annuity-related products, including life settlements and structured settlements
  • Intellectual property assets
  • Equipment lease receivable financing facilities and securitizations
  • Health care receivables
  • Home equity loan securitizations
  • Insurance premium finance receivables
  • Medium-term note programs
  • Telecom receivables
  • Trade receivables
  • Utilities receivables (including stranded cost transactions)
  • Warehouse lending arrangements

Securitization and structured transactions involve sophisticated and intricate structures in which knowledge and experience on the part of deal counsel are essential. Consequently, our structured finance attorneys have positioned themselves at the forefront of these constantly changing areas. The bottom line is that we know the ins and outs of these types of transactions ... and we can help you efficiently navigate this complex and evolving area.

 

 

 

 


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