Patrick J. Respeliers 816.691.2411e-mail| vCard
Securitization and structured finance transactions help companies lower their financing costs. Companies also can manage their balance sheets through on-balance-sheet debt or off-balance-sheet sale transaction structures. Our attorneys have the experience to provide sophisticated, timely and cost effective representation in asset securitization and structured finance.
Practice Overview We advise clients on all of the securities, corporate, bankruptcy, tax (REMIC, FASIT and debt), ERISA and regulatory issues that arise in asset securitizations. Over the past eight years, we have been involved in over 125 securitizations, including the issuance of $68 billion of asset-backed securities (acting as issuer counsel for $15 billion). We have in-depth knowledge in the securitization of commercial and multifamily mortgage loans and single-family residential mortgage loans, both prime and non-conforming. We have also advised on securitizing emerging asset classes, such as refund anticipation loans and energy-related tariffs. Our experience includes term securitizations, revolving asset-backed commercial paper conduit securitizations, and the securitization of residual interests as net-interest-margin securities. Scope of Service Our securitization proficiencies include: Structuring Cash flow structures Off-balance-sheet vs. On-balance-sheet treatment True sale and nonconsolidation opinions REMICs, FASITs and grantor trusts Commercial paper conduits Rating agency and surety criteria Bankruptcy-remote, special purpose entities Derivative structures, including swaps and caps Securities Offerings Public securities offerings 144A private securities offerings Shelf registration statements Collateral, structural and ABS term sheets Underwriting agreements and engagement letters '34 Act reporting requirements Conduit Programs Warehouse facilities Joint securitization arrangements Sales of financial assets to established issuers Compliance manuals Licensing issues Commercial mortgage loan documentation Servicing Master servicing agreements Subservicing agreements Standby servicers Servicing rights purchase agreements Of Note We represent one of the nation's largest servicers of CMBS securities and have originated hundreds of CMBS conduit loans.
We advise clients on all of the securities, corporate, bankruptcy, tax (REMIC, FASIT and debt), ERISA and regulatory issues that arise in asset securitizations. Over the past eight years, we have been involved in over 125 securitizations, including the issuance of $68 billion of asset-backed securities (acting as issuer counsel for $15 billion). We have in-depth knowledge in the securitization of commercial and multifamily mortgage loans and single-family residential mortgage loans, both prime and non-conforming. We have also advised on securitizing emerging asset classes, such as refund anticipation loans and energy-related tariffs. Our experience includes term securitizations, revolving asset-backed commercial paper conduit securitizations, and the securitization of residual interests as net-interest-margin securities.
Our securitization proficiencies include:
We represent one of the nation's largest servicers of CMBS securities and have originated hundreds of CMBS conduit loans.