Widely recognized as an active and innovative attorney in structured finance, Chris Gavin represents issuers, borrowers, sellers, buyers, lenders, official lenders, hedge funds, private equity funds and other investors in U.S. and international structured finance transactions.
The footprint and complexity of his financings span North America, South America, Europe, Australia and Africa, and individual securitizations reaching more than $20 billion. Chris represents and advises clients in a range of cross-border transactions and structured solutions involving:
- Residential mortgage transactions, including whole loan sales, servicing transfers, repurchase and other warehouse facilities, and term securitizations for newly originated, seasoned and nonperforming loans
- Advising trustees, servicers and other parties regarding their rights and obligations in legacy residential mortgage transactions
- Asset-backed securitization and financing transactions
- Cross-border covered bonds
- Collateralized commercial paper programs
- Structured distressed portfolio joint ventures and other solutions
- The purchase and sale of residential mortgage and other financial services companies, including in developing structured solutions to protect purchasers from certain exposures of the acquired companies
- Structuring investment vehicles that issue extendable commercial paper, including the working out and resolution of such transactions
In his counsel to a major industry group, Chris represented them on a significant comment letter on the reproposed risk retention rules. Highlights of his vast experience with novel structured financings also include: establishing the first collateralized commercial paper program for a major global financial institution, structuring the first cross-border covered bond in Latin America, creating one of the first aggregator residential mortgage securitization programs since the recent financial crisis, and developing a microfinance lending facility for fund activities in Uganda, Tanzania and South Sudan.
