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About
Provided by Laurence Pettit
Practice Areas
Laurence Pettit advises underwriters, lenders and institutional investors on capital markets and warehouse loan transactions in a wide range of esoteric asset classes. In recent years, he has been actively involved in residential and commercial Property Assessed Clean Energy (PACE) assessments, home improvement loans, consumer litigation funding, retail installment sales contracts, contractor loans, equipment finance agreements, insurance commissions, trade receivables, collateralized fund obligations, commercial/industrial solar power purchase contracts, rooftop solar loans, and tobacco settlement legal fee awards. Laurence also counsels investment funds on their secondary market activity in asset-backed security (ABS) and mortgage-backed security products, including distressed investing and workouts. As issuer’s counsel, Laurence helped develop the first securitizations of residential PACE assessments in 2014, and he has facilitated more than 30 PACE securitizations since that time. He is actively involved in the expanding market for both residential and commercial PACE financings, advising on both the establishment of new PACE programs and on specific transactions to fund the origination of PACE assets.