Mr Howard Schickler > Katten > New York, United States > Lawyer Profile

Katten
575 MADISON AVENUE
NEW YORK, NY 10022-2585
United States

Work Department

Structured Finance and Securitization

Position

Howard Schickler is co-head of Katten’s Structured Finance and Securitization practice. He represents a multitude of participants in the structured finance market, including issuers, underwriters, credit enhancers, lenders and borrowers. With more than 20 years of experience, Howard handles structured finance transactions across a variety of asset classes, including mortgages, home equity loans, auto loans, equipment leases, marketplace loans, credit card receivables, franchise loans, health care receivables, trade receivables and royalties. His practice ranges from debt to equity structures, private to public issuances, warehouse lines to residual financings, and domestic to cross-border transactions involving both existing assets and future flows.

Much of Howard’s work occurs at the intersection of private equity funds and structured finance and involves assisting private equity funds in securitizing residential mortgage loans, auto loans, equipment leases, marketplace loans and other consumer loans.

Over the last couple of years, Howard has focused his practice on the marketplace lending sector, representing funds and other institutional investors in the acquisition of portfolios of consumer loans, commercial loans and merchant cash advances, as well as providing credit facilities to marketplace platforms and other lenders and arranging for leverage on acquired portfolios of these products. His vast corporate finance experience includes work on public offerings, private and subordinate debt offerings, joint ventures, private equity funds, restructurings and workouts.

Education

JD, New York University School of Law; BA, The George Washington University, magna cum laude

Lawyer Rankings

United States > Finance > Structured finance: securitization

Katten is ‘one of the few firms with the depth of experience necessary to handle complex issuer-side CRE CLOs‘. Leveraging ‘an impressively deep bench‘, the firm is able to ‘provide excellent legal service across a variety of related practice areas‘, and is driven by ‘a keen understanding of its clients’ business needs‘. Jointly headed by Howard Schickler and Washington DC-based Anna-Liza Harris, the team is among the market’s most active issuer-side counsel, and is especially well known in the RMBS, auto and equipment sectors. Harris, alongside Chris DiAngelo and Washington DC-based Seth Messner, are acting for Aspen Capital and its affiliated public REIT in the securitization of re-performing and non-performing mortgage loans. Also in the mortgage loan space, the team advised Marathon Asset Management, as collateral manager, on its first CRE CLO since the 2008 financial crisis. Other key contacts include Joseph Topolski, who advised Westlake Financial Services on multiple issuances of sub-prime auto loan ABS, and Stanford Renas, who acts for clients such as Deutsche Bank Securities in CLO transactions. Joshua Yablonski in the Charlotte office, and Claudine Chen-Young in Washington DC are also recommended. GM Financial, Ford Motor Credit Company and Fannie Mae are among the team’s key clients.