With the largest structured finance team in Delaware, Richards, Layton & Finger is a leader in structured finance and securitization transactions. Through a team of lawyers within multiple departments in the firm, we are positioned to provide an integrated approach to representing our clients in structured finance and securitization transactions, including:
- the formation of special purpose limited liability companies and statutory trusts
- the representation of trustees, custodians, paying agents, transfer agents and master servicers
- the delivery of legal opinions, including corporate opinions, alternative entity opinions, uniform commercial code opinions, true sale opinions, non-consolidation opinions, and related Delaware tax opinions
The integrated structured finance team has worked on thousands of transactions representing:
- issuers and sponsors
- investment banks
- hedge funds and private equity funds
- insurance companies
- banks
Our renowned team has experience in every type of structured finance transaction and asset class including:
- asset-backed securities, including securites backed by automobile loans, automobile leases, credit cards, consumer loans, equipment leases, and rental car fleets
- residential mortgage-backed securities
- commercial mortgage-backed securities
- collateralized loan obligations
- royalty payments
- student loans
- whole business securitization
Insights | June 2021
Proposed legislation would amend the Delaware General Corporation Law, the Delaware Limited Liability Company Act, the Delaware Revised Uniform Limited Partnership Act and the Delaware Revised Uniform Partnership Act to clarify, among other things, the treatmentof capital stock owned by the corporation, provide a safe harbor procedure for the ratification of void and voidable acts and…
The Corporate Transparency Act – Concerns for Trustees of Statutory Trusts
April 7, 2021
The Corporate Transparency Act (the “Act”) potentially imposes new reporting obligations on trustees (“Trustees”) of Delaware Statutory Trusts (“DSTs”) and may require the disclosure of personal information about their employees if DSTs are determined to be subject to the Act. On April 5, 2021, the Department of Treasury published an Advance Notice of Proposed Rulemaking inviting…
Delaware Laws & Programs Affecting Business – 2020 Edition
2020
Delaware Laws & Programs Affecting Business presents an introduction to Delaware and an overview of the laws and programs relating to doing business in the State. Our economy is diverse, and our legal framework is intentionally crafted to foster robust business activity. Our widely copied business laws lead the nation in clarity and predictability. Government…
The 2020 Amendments to the Delaware Statutory Trust Act
July 29, 2020
The Delaware General Assembly recently enacted amendments to the Delaware Statutory Trust Act (the “DSTA”) which will become effective August 1, 2020. The amendments make a variety of changes relating to the nature and operation of Delaware statutory trusts (“DSTs”), including amendments (i) clarifying the ability of a DST to enter into contracts between series of…