The rapid growth of securitization is changing the face of financing. As new deal structures and markets continue to emerge, businesses need a competitive edge in managing their capital structure, income flow, and risk exposure. They need a law firm with international reach and keen insights into what drives success—and failure—in cross-border and cross-sector financing.
O’Melveny is a recognized leader in structuring, negotiating, and closing complex financing transactions around the world. In 2007, on behalf of KKR Financial LLC, we handled what was at the time believed to be the largest ever non-bank arbitrage collateralized loan obligation transaction, with an initial issuance size of more than US$3.5 billion, and the potential for upsizing to US$5 billion. Whether undertaking a securitization of trademark license royalties, motion picture or television royalties, premium finance loans, or more traditional receivables, clients in many different industries rely on us to protect their interests and help maximize their returns.
For more than half a century, our Corporate Finance lawyers have handled novel securitizations and stayed ahead of the curve. We played a part in some of the first securitization deals involving traditional receivables, as well as innovative transnational and synthetic financings in esoteric new asset classes and emerging markets. As authorities in this field, we are counseling Chinese governmental agencies on developing the legal structure for its securitization market and proposed amendments to existing laws and regulations.
No matter where a transaction takes place, or which industries it involves, O’Melveny has the knowledge, skill, and worldwide offices to help successfully close the deal.
Key Facts
- Our attorneys are recognized for outstanding work by Chambers USA (2007) and International Who’s Who of Business Lawyers (2007).
- Our Securitization group consists of 12 lawyers in key financial centers in the United States, Europe, and Asia. We work closely with our colleagues in the Firm’s regulatory, tax, intellectual property, and bankruptcy practices, among others, to provide comprehensive and integrated counseling.
- We have been involved in the earliest and largest life settlement and premium financing deals, such as our work with Coventry First LLC.
- We assist clients with cutting-edge transactions, including the first securitizations of stranded costs, automobile leases, residual value risk, entertainment receivables, and charged-off receivables.
- We regularly work with rating agencies addressing investor concerns. Our work draws on our considerable experience with laws relating to investment companies, derivatives, international taxation, and collateral arrangements.
Practice Strengths
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Collateralized Loan, Debt, and Bond Obligation Transactions
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Derivatives Transactions
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Insurance Premium Finance
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Intellectual Property Royalties
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International Tax Treaty Counseling
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Life Settlements
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Regulatory Counseling