Corporate Trust, Agency & Asset Servicing

Experience

We have an experienced team of lawyers who provide corporate trust and agency services in structured finance, corporate debt, project finance, syndicated lending, public finance, and other capital markets transactions. A key advantage we offer clients is our breadth of experience. Our attorneys work closely with members of other practice teams in the firm to provide a full array of legal services to our corporate trust clients.

Nationally recognized as one of the largest corporate trust legal service providers in the U.S., we have represented corporate trust clients in closing thousands of capital markets transactions. Our practice has extensive experience in a wide variety of product types, including structured finance (CMBS, RMBS, ABS, CDO, CLO, and REO), corporate debt, municipal debt, hedge funds, lending, and project finance. In addition to representing corporate trust clients in closing transactions, we regularly advise our clients on a wide variety of administrative, regulatory, and default issues, including tax, bankruptcy, litigation, and collateral liquidation.

Transaction Administration

We advise our clients in all aspects of transaction administration, including the distribution of funds in accordance with applicable cash flow provisions, the acquisition and disposition of collateral assets, and compliance with regulatory and reporting requirements. Our attorneys counsel clients on the requirements of the Trust Indenture Act of 1939, Sarbanes–Oxley Act, Regulation AB, Securities Exchange Act of 1934, and Internal Revenue Code. In addition, we actively counsel clients on the emerging regulatory environment, including Regulation AB II and the Dodd–Frank Wall Street Reform and Consumer Protection Act. Whether transaction administration issues are driven by regulatory and compliance concerns, collateral maintenance issues, or document interpretation issues, we have the knowledge to help our corporate trust clients carefully navigate any circumstance and fulfill their duties and obligations.

• Represented major financial institutions as trustee in mortgage-backed securitization (MBS), asset-backed securitization (ABS) and collateralized debt obligation (CDO) transactions
• Represented major financial institutions as trustee in corporate debt and municipal bond transactions
• Represented major financial institutions as trustee and collateral agent in the administration and exercise of remedies in defaulted collateralized debt obligation and other secured debt transactions including the liquidation of collateral
• Represented major financial institutions as trustee and master servicer in connection with the bankruptcies of servicers and/or mortgage loan sellers on various mortgage-backed securitization transactions
• Represented major financial institutions as trustee in various disputes and litigation involving the administration of previously closed securitization transactions
• Represented the Delaware trustee in connection with the formation and administration of Delaware statutory trusts