For more than 30 years, lawyers in the Structured Finance Group at Skadden have worked with clients to develop many of the key innovations in securitization and structured derivatives markets. Our practice encompasses credit card receivable, personal loan, auto loan and lease, and residential and commercial mortgage loan securitizations; solar energy finance transactions; whole-company securitizations; collateralized loan obligations; insurance-related securitizations; commercial paper programs; credit derivatives; and principal finance.
The Structured Finance Group repeatedly has been recognized for its leading work on behalf of clients. We are ranked by U.S. News — Best Lawyers “Best Law Firms,” IFLR, Chambers USA, Chambers Global and Legal 500 as a top firm for structured finance and structured product transactions. Chambers USA 2016 notes: “They have great commercial knowledge and provide good client service.”
We have pioneered a range of first-of-their-kind securitizations, from the first securitizations of movie syndication revenues and small business loans to the first securitizations using master trust structures and collateralized debt obligation (CDO) structures. Through the use of structured finance techniques, more recently, we also have led the way in developing rated personal loan securitizations, many of the recent innovations in whole company securitizations and the equity market for solar securitizations.
Our recent focus has been in advising:
- originators and purchasers of all types of personal loans, including loans facilitated through marketplace platforms;
- investors in the solar energy finance market;
- originators, insurers and underwriters in the non-QM single family mortgage market;
- issuers and underwriters in auto loan, auto lease and credit card receivable securitizations, including cross-border offerings;
- collateral managers, banks and private equity investors in collateralized loan obligation (CLO) transactions;
- financial institutions with restructuring their securities portfolios, mortgage-related and derivative exposures, and structured finance transactions;
- issuers and underwriters in securitizations of many different types of esoteric assets, including large whole-company securitizations;
- clients in the restructurings and sales of structured finance businesses, including refinancings of those businesses and debtor-in-possession financings; and
- financial institutions and industry groups in connection with the implementation of the Dodd-Frank Act, including the Volcker Rule, Regulation AB II, Risk Retention Rules and other new laws, rules and regulations relevant to financial products.