USA USA - Nationwide Capital Markets: Securitization: ABS

Mayer Brown has an impressive team with a very deep bench of lawyers advising across a broad range of securitization transactions, including mortgage-backed securities and ABS. Key areas of strength include consumer loans, most notably in the form of credit cards. Also possesses relevant regulatory knowledge and draws on its strong cross-border network in multicountry trade receivables securitization. Related expertise in tax makes it a destination firm for all aspects of a deal.

Morgan, Lewis & Bockius is an experienced team of transactional specialists who are well versed in handling some of the most complex and pressing securitization deals. Able to provide significant cross-border support for the full range of asset classes and is particularly well regarded in the market for ABS transactions, especially auto securitizations. Also boasts a highly impressive track record in MBS deals.

Chapman and Cutler's strengths include CLOs and ABS transactions. Admired practice that advises clients on commercial paper, auto loans and leases, and trade receivables securitizations. Provides ongoing advice and interpretation regarding developing regulatory standards. Able to represent a broad range of clients in transactions and is especially recommended for its trustee practice.

Katten is a respected team focused on issuer representation. Adept at handling mortgage-based securitizations, with a particular emphasis on RMBS, as well as auto loan and lease securitizations, and marketplace lending. Able to offer specialized experience in energy and commodity structured finance deals. Offers expertise the regulatory and the tax-related aspects of transactions.

King & Spalding is an able securitization practice with experience across a range of traditional asset classes. Also well regarded for the securitization of novel assets, with a growing reputation in the cell towers and data center market. Provides advice on an array of structures, standing out for its representation of clients in whole business deals, excelling in the securitization of franchised assets.

Kramer Levin Naftalis & Frankel houses a bench of highly regarded practitioners who are experts in their fields. Stands out for its handling of esoteric transactions and is particularly recommended for the securitization of PACE. Frequently acts for issuers and leading investment banks in transactions.

Latham & Watkins is a highly regarded CLO group that frequently represents asset managers in the full range of sophisticated transactions. Also noted for its expertise in dealing with innovative market products and securitization techniques. Adept at handling ABS matters involving the securitization of aircraft, rental car fleets and cell tower assets, among others.

Orrick, Herrington & Sutcliffe boasts comprehensive strength in commercial mortgage-backed securities, complemented by more specialized expertise in asset-backed securities, such as aircraft engine lease and credit card receivables, as well as more esoteric assets. Also a leading firm for the securitization of PACE assets. Regularly advises clients on regulatory issues, including Dodd-Frank-related risk retention.

Paul, Weiss, Rifkind, Wharton & Garrison has a strong track record in a wide variety of transactions, including workouts and restructurings of complex structures and assets. Offers specific expertise in securitizations involving esoteric assets, such as lottery awards, patent royalties, billboards and contract rights, among others, Has a richly deserved reputation as a leading firm for whole business securitization.

Sidley Austin is a highly respected team with a broad securitization offering, in terms of both practice and geography. Substantial experience acting for issuers, underwriters and purchasers, handing transactions involving consumer asset classes, such as online lending, as well as advising on other ABS transactions involving traditional assets, such as automobiles. Also regularly assists with mortgage-backed securities, boasting market-leading knowledge of RMBS and single-family rentals. Rounded offering supported by expert tax attorneys.

Allen & Overy is a renowned team which is well placed to offer advice on a wide range of sophisticated securitization transactions. Possesses extensive CLO expertise and able to advise on an array of traditional ABS structures. A strong choice for clients seeking advice on international matters.

Alston & Bird is a respected securitization practice able to handle traditional asset and mortgage-backed transactions. A strong choice for the representation of both issuers and underwriters, and is well regarded for its role as trustees' counsel. Draws on complementary practice strengths in banking and finance to strengthen its securitization offering.

Arnold & Porter possesses particular expertise in the marketplace loan securitization space, interfacing with SIFMA and other bodies to develop thought leadership in the area. Regularly advises some of the most active financial institutions in the market.

Clifford Chance is a diverse practice with strength in the CLO space. Also demonstrates extensive knowledge of the mortgage market, with noted expertise in REMICs, RMBS and CMBS. Capable of securitizing other traditional and novel assets. Has strength in all aspects of the deal structures, including advising on the tax aspects of deals. Supported by offices in other jurisdictions, it is well positioned to handle a broad range of cross-border transactions.

Dechert is a respected team renowned for its prowess in handling CLO transactions, particularly those pertaining to the real estate market. Possesses additional strength in commercial mortgage-backed securities and asset-backed securities, and is able to provide thought leadership on emerging and evolving regulatory requirements on a cross-border scale, with a particularly strong focus on risk retention matters.

Dentons represents the full range of players in the market including issuers, underwriters and originators. Acts on both domestic and cross-border securitization matters, leveraging its significant international standing. Demonstrates notable strength in real estate financings, such as RMBS transactions and single-family rentals, with additional expertise in MSRs. Also stands out for its ability to assist with the securitization of traditional and esoteric ABS.

Kirkland & Ellis demonstrates notable proficiency advising issuers on high-value securitizations. Specialties include ABS, in particular auto finance, as well as equipment securitizations. Also demonstrates expertise in marketplace loans and credit card receivables.

Schulte Roth & Zabel is a strong structured finance practice with a broad range of capabilities across the transactional and regulatory space. Represents an array of major players in the market, including managers, issuers, placement agents and investors. Noted for its successful CLO practice, regularly representing collateral managers, as well as its work on private equity fund formations for the purpose of securitization. Strong team possesses notable expertise in tax-related transactional requirements.

Skadden, Arps, Slate, Meagher & Flom draws on wide-ranging expertise to inform a practice that covers the full spectrum of ABS transactions. Well known for its work on credit card receivables and auto loans. Also able to advise on the securitization of nontraditional assets.

Weil, Gotshal & Manges is a highly respected choice for a range of complex securitization transactions across different asset classes. Frequently sought out by clients developing new and innovative product types and has notable experience advising on traditional ABS. Possesses additional experience providing counsel on EU and US risk retention rules.