Michael's practice focuses on transactional matters in the securitization and asset-based lending/leasing areas. He also advises on the development and modernization of wholesale and retail (consumer) lending/leasing programs for vehicle and equipment lessors, financiers and suppliers, as well as complex opinion issues arising in connection with all types of secured transactions and structured finance transactions.
In the securitization area, Michael advises sellers, purchasers, liquidity lenders, credit enhancers (including foreign insurance companies), trustees and rating agencies on domestic and cross-border securitization transactions. He also acts for a number of Canadian banks, trust companies and insurance companies in purchasing or selling lease portfolios and in establishing domestic and cross-border private securitization programs and bulk purchase programs.
In the asset-based lending/leasing areas, Michael works with borrowers/lessees and lenders/lessors in a variety of domestic and cross-border loan transactions (e.g., ABL, term, equipment financing, acquisition financing, and warehouse credit facilities, project finance, and private placement of bonds and notes) and lease transactions.