Profil
Mark I. Michigan is Co-Chair of the Structured Finance & Derivatives Practice and represents borrowers and lenders, issuers, underwriters, and service providers in virtually all types of financing transactions including corporate and sovereign debt issues, secured and unsecured debt facilities and asset-backed and mortgage-backed securitization and warehouse transactions.
Concentrations
- Asset-backed securitizations
- Mortgage-backed securitizations
- Future flow transactions
- Bank lending
- Warehouse lending
- Sovereign debt issuance
Expertise
Erfahrung
- Representation of THOR 2024-A, LLC as issuer and Holiday Inn Club Vacations Incorporated as servicer in connection with the Rule 144A/Regulation S offering of Asset Backed Notes backed by timeshare loan receivables.
- Representation of HINNT 2024-A LLC as issuer and Holiday Inn Club Vacations Incorporated as servicer in connection with the Rule 144A/Regulation S offering of Asset Backed Notes backed by timeshare loan receivables.
- Representation of CNH Canada Capital Receivables Trust as issuer in connection with the cross-border Rule 144A/Regulation S offering of Asset Backed Notes backed by equipment loan receivables.
- Representation of CNH Equipment Trust 2024-C as issuer, CNH Industrial Capital America, LLC as sponsor and originator and New Holland Credit Company, LLC as servicer in connection with the public offering of Asset Backed Notes backed by equipment loan receivables.
- Representation of MVW 2024-2 LLC as issuer and Marriott Ownership Resorts, Inc. as servicer in connection with the Rule 144A/Regulation S offering of Asset Backed Notes backed by timeshare loan receivables.
- Representation of Agrifund, LLC as originator and servicer and ARM Funding, LLC as issuer in connection with the issuance of variable funding notes and fixed-rate notes backed by agricultural loans.
- Representation of Vistana Signature Experiences, Inc. and Vistana Vacation Ownership, Inc. in connection with multiple issuances of Vacation Ownership Interest Loan-Backed Notes.
- Representation of Duferco Steel Inc. as originator and servicer and Duferco Funding Inc. in a trade receivable securitization.
- Representation of Eagle I Limited as issuer and Jetscape Commercial Jets Malta Ltd. as servicer in connection with the issuance of notes secured by aircraft leases and related collateral.
- Representation of Propel Financial Services as originator and servicer and PFS Tax Lien Trust as issuer in connection with the issuance of notes collateralized by Texas tax liens.
- Representation of Harvest Funding, LLC as borrower and Rabo Agrifinance, Inc. as originator and servicer in connection with the securitization of agricultural loans.
- Representation of Starwood Vacation Ownership Inc. in multiple issuances of Vacation Ownership Interest Loan-Backed Notes.
- Representation of an investor in subordinated notes issued by AmeriCredit Automobile Receivables Trust and backed by loans secured by new and used automobiles, light duty trucks and vans.
- Representation of hedge fund in connection with investments in auction rate securities issued by various municipalities.
- Representation of U.S. Education Loan Trust IV, LLC in connection with its issuance of floating rate and rate reset senior and subordinate 144A and Regulation S notes backed by a pool of Consolidation, Stafford (subsidized and unsubsidized), PLUS and GradPLUS loans.
- Representation of Descap Securities Inc as underwriter in connection with the issuance of mortgage-backed securities in the first cross-border securitization of Panamanian residential mortgage loans.
- Representation of Bear Stearns & Co. Inc. and Chase Securities Inc. as placement agents in connection with the issuance of floating rate notes issued by Dreamworks Film I Trust to finance the production costs of live action films of DreamWorks LLC and secured by future receivables from such films.
- Representation of U.S. Education Loan Trust III, LLC as issuer in connection with the issuance of reset rate and auction rate student loan asset-backed notes.
- Representation of U.S. Education Loan Trust II, LLC as issuer in connection with the issuance of auction rate student loan asset-backed notes.
- Representation of U.S. Education Loan Trust I, LLC as issuer in connection with the issuance of auction rate student loan asset-backed notes.
- Representation of Ryder Vehicle Lease Trust in connection with the public offering of senior notes backed by truck lease receivables.
- Representation of Deutsche Bank Securities, Inc. as underwriter in connection with the issuance of mortgage-backed securities by a Mexican issuer.
- Representation of Raymond James & Associates, Inc. as placement agent in connection with the issuance of floating rate mortgage-backed notes in first cross-border securitization of mortgage loans originated in, and secured by mortgaged properties located in, Costa Rica.
- Representation of Yale Mortgage Funding LLC as issuer in connection with the issuance of mortgage-backed securities.
- Representation of Structured Asset Mortgage Investments Inc., Structured Asset Mortgage Investments II Inc. and Bear Stearns Asset Backed Securities I, Inc. as depositor and Bear, Stearns & Co. Inc. as underwriter in connection with the issuance of mortgage-backed bonds.
- Representation of Bear Stearns Funding Inc. and Column Financial as lenders in connection with the origination of conduit mortgage loans.
- Representation of Morgan Stanley & Co. Incorporated as underwriter in connection with the private offering of fixed rate collateralized bonds secured by commercial and multifamily properties.
- Representation of Goldman Sachs & Co. as underwriter in connection with the establishment of a commercial shelf and the initial issuance of mortgage-backed pass through certificates.
- Representation of Lehman Brothers Inc. as underwriter in connection with the public issuance of real estate mortgage investment conduit pass-through certificates backed by two pools of adjustable and fixed-rate commercial, multifamily and residential mortgage loans and participation interests therein acquired from the Federal Deposit Insurance Corporation.
- Representation of BAC International Bank, Inc. as originator and BIB Merchant Voucher Receivables Limited as issuer of notes secured by collections on Visa and MasterCard merchant voucher receivables.
- Representation of Credomatic International Corporation as originator and CIC Central American Card Receivables Limited as issuer of additional series of notes secured by collections on American Express credit card receivables.
- Representation of BAC San Jose DPR Funding Ltd. as issuer and BAC San Jose S.A. as originator in connection with the issuance of floating rate notes and fixed rate notes secured by the issuer’s interest in diversified payment rights.
- Representation of Credomatic International Corporation, Credomatic de Costa Rica and Cinco Tierras Holdings Ltd in connection with the issuance of notes backed by Visa and MasterCard merchant voucher receivables.
- Representation of Credomatic International Corporation as originator and CIC Central American Card Receivables Limited as issuer in the first regional future flow securitization of American Express credit card receivables in Central America.
- Representation of Credomatic International Corporation in connection with the issuance of floating rate trust certificates, in the first regional future flow securitization in Central America.
- Representation of BAC International Bank as borrower in connection with a syndicated term loan facility, the proceeds of which are to be used to make sustainable/green loans.
- Representation of Slide Insurance Holdings as borrower and its subsidiaries as guarantors in a revolving and term loan secured financing.
- Representation of Silverleaf Club as borrower in connection with a secured revolving and term loan facility.
- Representation of MGI-Media and Games Invest SE and its affiliates in a financing of internet generated media receivables.
- Representation of Synchronoss Technologies and its affiliates in a financing of receivables.
- Representation of Eldridge IP Holdings in a financing secured by music receivables.
- Representation of UBS O’Connor LLC as lender in connection with a term loan secured by real estate collateral.
- Representation of A-CAP Management as borrower in connection with a secured term loan.
- Representation of Unison Investment Management as borrower in connection with the establishment of a real estate option contract Master Repurchase Agreement with a leading financial institution.
- Representation of AMZAK Capital Management as seller in connection with the establishment of a commercial mortgage loan Master Repurchase Agreement with a leading financial institution.
- Representation of Kawa Capital Management, Inc. as seller in connection with the establishment of a commercial mortgage loan Master Repurchase Agreement with a leading financial institution.
- Representation of United Wholesale Mortgage in connection with the establishment and renewal of multiple Master Repurchase Agreements with leading financial institutions.
- Representation of Nineteen 77 Capital Solutions A LP as lender in connection with a secured term loan to a residential mortgage loan originator.
- Representation of BAC International Bank, Inc. in connection with a term loan agreement with several leading banking institutions.
- Representation of Duferco Steel Inc. as borrower under a borrowing base facility secured by inventory and equipment.
- Representation of BAC International Bank as borrower in a senior term loan syndicated facility.
- Representation of Jeffries Mortgage Finance as lender under a secured bridge loan facility to Resort Finance America.
- Representation of Deutsche Bank Trust Company Americas as Administrative Agent acting on behalf of a syndicate of lenders in connection with the establishment of a credit facility for the construction of a deepwater drillship.
- Representation of Marriott Vacations Worldwide Corporation and Marriott Ownership Resorts, Inc. as borrower under a secured revolving credit facility.
- Representation of Taca International Airlines and certain affiliates in connection with the establishment of a financing facility secured by credit-card receivables.
- Representation of Taca International Airlines in connection with the establishment of a bridge loan facility arranged by a leading financial institution.
- Representation of COPA in connection with the establishment of an Ex-Im Bank supported financing facility.
- Representation of Banco BAC San Jose as borrower in connection with the establishment of a credit facility and subsequent issuance of Overseas Private Investment Corporation U.S. Government Guaranteed Certificates of Participation.
- Representation of Banco de America Central as borrower in connection with the establishment of a credit facility and subsequent issuance of Overseas Private Investment Corporation U.S. Government Guaranteed Certificates of Participation.
- Representation of Banco de America Central Honduras as borrower in connection with the establishment of a credit facility and subsequent issuance of Overseas Private Investment Corporation U.S. Government Guaranteed Certificates of Participation.
- Representation of BAC International Bank, Inc. as borrower in connection with the establishment of a credit facility and subsequent issuance of Overseas Private Investment Corporation U.S. Government Guaranteed Certificates of Participation.
- Representation of Financiera TFC, S.A. as borrower in a credit line facility agreement with Merrill Lynch Credit Products, LLC as lender secured by trade receivables originated in Peru.
- Representation of Foundry Film Partners II, LLC as borrower in connection with the termination of an existing facility and Foundry's entry into a loan facility with U.S. Bank National Association, secured by Foundry's rights in certain theatrical motion pictures.
- Representation of Manage Steel Center SA and Jemappes Steel Center SA as borrowers in connection with the establishment of a revolving secured loan facility arranged by UFJ Bank.
- Representation of Central American Communications as borrower in connection with the establishment of a secured syndicated facility arranged by Citibank.
- Representation of REII Gaithersburg, LLC in connection with the purchase, lease and financing of an office building in Gaithersburg, Maryland.
- Representation of Credomatic International Corporation as borrower in an acquisition financing facility established by a leading financial institution.
- Representation of OL SP 2015-A and Holiday Inn Club Vacations Incorporated in connection with the renewal of a timeshare loan warehouse facility agented by a leading financial institution.
- Representation of Nitron Group LLC as originator and seller in connection with a financing of trade receivables.
- Representation of Agrifund, LLC as originator and ARM Funding, LLC as borrower in connection with an agricultural loan warehouse facility agented by a leading financial institution.
- Representation of Marriott Vacations Worldwide and Marriott Ownership Resorts, Inc. in connection with a timeshare loan warehouse facility agented by a leading financial institution.
- Representation of Golf Auto Receivables Funding, LLC as borrower in connection with an automobile receivables warehouse facility.
- Representation of Access America Financial, LLC in connection with the establishment of a warehouse line of credit and purchase facility for charged-off credit card receivables with Daiwa Consumer Capital Services, LLC.
- Representation of QOC I LLC as borrower under a life settlements warehouse lending facility established by Wachovia Bank.
- Representation of WestLB as lender in connection with the establishment of various warehouse facilities to finance residential, commercial and construction mortgage loans.
- Representation of Ryder Receivable Funding LLC in connection with the establishment of a trade receivables purchase and sale facility.
- Representation of the Republic of Costa Rica in connection with the Republic's issuance of U.S. $200 million of notes due 2008.
- Representation of the Republic of Costa Rica in connection with the Republic's issuance of U.S. $250 million of notes due 2012.
- Representation of the Republic of Costa Rica in connection with the Republic's issuance of U.S. $200 million of notes due 2013.
Anerkennung durch den Markt
- Listed, IFLR1000, "Highly Regarded," Capital Markets: Structured Finance and Securitisation, 2023-2024
- Listed, Thomson Reuters, "Stand-Out Lawyers," 2023-2024
- Listed, The Legal 500 United States, 2008-2017 and 2020
- Listed, The Legal 500 United States, Structure Finance, 2015-2017 and 2020
- Team Member, Corporate Board Member magazine and FTI Consulting Inc., one of "America’s Best Corporate Law Firms," 13th Annual Legal Industry Study, 2013
Ausbildung
Akademische Ausbildung
- J.D., New York University School of Law
-
M.B.A., University of Chicago
- Graduate School of Business
- B.A., Dartmouth College
Zulassung
- Texas
- New York
Sprache
- Deutsch, Conversational