- Represented major financial institutions as trustee in closing numerous public and private mortgage-backed securitizations, asset-backed securitizations and collateralized debt obligations.
- Represented major financial institutions as issuing and paying agent in closing numerous transactions involving the issuance of commercial paper.
- Represented a major financial institution as trustee in an interpleader action involving a dispute over the proper application of proceeds following the occurrence of a default and the acceleration of the securities in a $1.4 billion CDO transaction.
- Represented a major financial institution as trustee in the liquidation of a $375 million synthetic CDO transaction.
- Represented a major financial institution as trustee in connection with a dispute between investors and a swap counterparty in a $350 million CDO transaction.
- Represented a major financial institution as trustee in connection with the exposure of a CDO transaction to a bankrupt Lehman Brothers affiliate pursuant to a credit default swap.
Partner,
- Phone: +1 704 444 1453
- Email: patrick.hayden@alston.com
Patrick guides corporate trust clients through CLO, CDO, and asset-backed securitization transactions. He advises on the most complex structures and disputes and is the firm's go-to lawyer on CLO/CDO issues.