Securitization
Since the inception of the securitization market in the early 1980s, ZAG/S&W has advised credit and liquidity enhancers, issuers, conduit and other purchasers and other participants in asset securitization transactions.
Partners in ZAG/S&W's Securitization Group are senior practitioners who are actively involved in every transaction. They are deeply experienced problem-solvers who bring creativity, responsive service and efficiency to every representation.
The Legal 500 United States 2009 ranked our Asset Securitization Team as one of the top groups nationally, saying that our securitization partners "are praised [by clients] for their 'prompt responses and thorough work on a full mix of transactions.'"
Practice Profile (PDF)
Representative Client Work
Recent representative transactions include advising:
- Conduit purchasers and liquidity providers in connection with investments in term and variable funding tranches of market value and cash flow CDOs domiciled in the United States, Luxembourg, the Netherlands, Cayman Islands and other jurisdictions
- Agent bank and lenders in connection with securitization of natural gas pipeline transmission receivables
- Agent bank and lenders in securitizations of portfolios of U.S. and European middle-market loans
- Conduit lenders with respect to mortgage warehouse facilities, including master repurchase agreements
- Agent banks and conduit purchasers of senior certificates or notes issued by credit card master trusts and master note trusts
- Agent bank and conduit lenders in financing of residual interests in automobile loan securitizations
- Conduit lender with respect to securitization of charged-off consumer receivables
- Hedge counterparties in rate, currency, credit default, total return and other swaps and derivatives
News
- January 2012
What Companies Should Expect from the SEC in the New Year
ACC-Northeast Week in Brief, SmartBrief, CFO.com and Securities Mosaic Daily News - December 14, 2008
New York Partners Included in The Best Lawyers in America 2009
The Best Lawyers in America 2009 - March 19, 2008
Sullivan & Worcester Forms Credit Crisis Practice
Bankruptcy Law360 - March 18, 2008
S&W Announces Formation of Credit Crisis Task Force
S&W Press Release - October 15, 2007
S&W Ranked in The Legal 500 U.S.
Events
- April 14, 2011
ABA Business Law Section Spring Meeting
Publications
- July 26, 2010
The Dodd-Frank Act – What Public Companies Should Be Doing Now
Client Advisory
