Department profile
McDermott Will & Schulte

Capital Markets: Securitization: CLOs

USA Guide 2026 : USA - Nationwide


McDermott Will & Schulte

Rankings

Chambers Review

Provided by Chambers

Capital Markets: Securitization: CLOs - USA - Nationwide

Band 2

Band 2


What the Team is Known For

McDermott Will & Schulte is a strong structured finance practice with a broad range of capabilities across the transactional and regulatory space. Its lawyers represent an array of major players in the market, including managers, issuers, placement agents and investors. The practice is noted for its successful CLO offering in which it regularly represents collateral managers, as well as its work on private equity fund formations for the purpose of securitization. The team also possesses notable expertise in tax-related transactional requirements.

Work Highlights

Provided by Chambers

  • McDermott Will & Schulte advised Birch Grove Capital, as the portfolio manager, on an approximately $530 million reset of an existing CLO fund.

Strengths

Provided by Chambers

  • The firm is well known for their expertise with sophisticated CLOs and known as master structurers of complex transactions that meet the business imperatives of their clients. They find elegant solutions to intractable tax challenges.

    Capital Markets: Securitization: CLOs respondentUSA
  • The MWS team is thorough and knowledgeable of the CLO securitization space. They are organized, accessible and help us manage the regulatory changes.

    Capital Markets: Securitization: CLOs respondentUSA
  • The lawyers at McDermott give practical, creative and business-forward advice. We have great confidence in their ability to highlight risk, while also finding solutions.

    Capital Markets: Securitization: CLOs respondentUSA
  • The team is the most hands-on, user-friendly department that I've had the pleasure to work with. They have legal creativity and expertise across various esoteric asset classes. They make the process as seamless as possible.

    Capital Markets: Securitization: CLOs respondentUSA
  • McDermott Will & Schulte are true partners. They go above and beyond the purely legal. They take the time to thoroughly understand our business model and handle each detail with accuracy. No matter the issue or time of day, they always promptly get back.

    Capital Markets: Securitization: CLOs respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 2Craig Stein
    Band 2Craig Stein

    Craig Stein

    Craig Stein has extensive experience representing all parties in CLO and CDO transactions.
    • Craig's ability to provide practical solutions taking in our specific context distinguishes him from his peers at other firms.

      Capital Markets: Securitization: CLOs respondentUSA
    • Craig is a thought leader in the CLO securitization space.

      Capital Markets: Securitization: CLOs respondentUSA
  • Band 3Boris Ziser
    Band 3Boris Ziser

    Boris Ziser

    As part of Boris Ziser's broader securitization practice, he is highly recommended for his expert knowledge of non-traditional assets, including life settlements and litigation funding receivables.
    • Boris is a talented lawyer who has built an outstanding practice and consistently proposes practical and straightforward solutions.

      Capital Markets: Securitization: CLOs respondentUSA
    • Boris has long been the franchise in the litigation funding space in the US. He is great to get perspective on market intelligence from as he touches every deal in some capacity.

      Capital Markets: Securitization: CLOs respondentUSA
  • Band 3Phillip J Azzollini
    Band 3Phillip J Azzollini

    Phillip J Azzollini

    Phillip Azzollini is known for his CLO practice, with an impressive client portfolio ranging from managers to placement agents.
    • Phillip is so conscientious. For every change or ask we make, he really thinks deeply about how it could affect our platform in other ways and is very good at communicating this to us.

      Capital Markets: Securitization: CLOs respondentUSA
    • Phillip does a great job of synthesizing complex issues and explaining them in layman's terms.

      Capital Markets: Securitization: CLOs respondentUSA
    • We trust him immensely with our most complex matters.

      Capital Markets: Securitization: CLOs respondentUSA
  • Band 4Daniel Oshinsky
    Band 4Daniel Oshinsky

    Daniel Oshinsky

    Daniel Oshinsky represents a variety of clients, including asset managers and private equity companies, on CLO transactions.
    • Daniel exhibits deep technical fluency with a highly commercial mindset. He has meticulous attention to detail and is an absolute pleasure to work with.

      Capital Markets: Securitization: CLOs respondentUSA
    • Dan is a trusted resource with a strong pulse on the CLO market.

      Capital Markets: Securitization: CLOs respondentUSA
  • Up and ComingStephen Schauder
    Up and ComingStephen Schauder

    Stephen Schauder

    Stephen Schauder is an up-and-coming partner in the team with experience handling warehouse facilities and other ABS transactions.

    • Stephen is able to provide complex legal guidance in extremely short periods of time and has no issue getting up to speed on various asset classes.

      Capital Markets: Securitization: CLOs respondentUSA
    • Stephen is a talented lawyer who consistently proposes practical and straightforward solutions.

      Capital Markets: Securitization: CLOs respondentUSA

Ranked Individuals at McDermott Will & Schulte (5)

USA - Nationwide

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