Since the inception of the securitization market in the early 1980s, Sullivan has advised credit and liquidity enhancers, issuers, conduit and other purchasers and other participants in asset securitization transactions.

Partners in Sullivan'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.

In its national rankings of Asset Securitization law firms, the Legal 500 United States noted Sullivan’s competitive advantage as being “the most consistent firm in ensuring that deals are covered primarily at partner level.”

How we bring value to our clients:

  • We have strong relationships with many of the major investment banks, lenders, trustees, and other securitization industry participants
  • Our multidisciplinary approach, involving lawyers proficient in securities law, investment funds, tax, real estate, and bankruptcy, enables us to provide sophisticated legal work on the most complex and challenging transactions
  • We consider each new matter with a seasoned perspective and a creative approach, understanding how each transaction fits our client’s overall business objectives

Representative Client Work

Recent representative transactions include advising:

  • An agent and bank and conduit purchasers in connection with securitization of trade receivables originated by US subsidiaries of a multi-national integrated supply chain manager and agri-business and supported by credit insurance
  • An international bank in connection with the establishment of a special purpose company which makes loans to quick service restaurant franchisees
  • 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
  • An agent and bank and conduit purchasers in connection with multi-currency securitization of USD and CAD denominated trade receivables originated by a leading Canadian based consumer food products company
  • A bank lender in connection with the financing of the acquisition of a pool of small ticket equipment leases
  • A bank lender in connection with a warehouse credit facility to a special purpose subsidiary of a subprime auto loan company
  • An agent and bank and conduit purchasers in connection with securitization of trade receivables originated by one the largest U.S. agricultural and specialty chemical formulators and distributors
  • 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
  • An agent bank and conduit lenders in financing of residual interests in automobile loan securitizations
  • A note purchaser in securitization of home improvement loans
  • Bank and conduit lenders with respect to securitization of charged-off and sub-prime consumer receivables
  • Hedge counterparties in rate, currency, credit default, total return and other swaps and derivatives

Key Contacts

Related Practices

Related Industries

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