The Legal 500

Twitter Logo Youtube Circle Icon LinkedIn Icon

Kirkland & Ellis LLP

Janette McMahan

Tel:
Work +1 212-446-4754
Email:
Kirkland & Ellis LLP

Work Department

Corporate

Position

Janette McMahan leads the asset finance and securitization group in Kirkland’s New York office. She specializes in auto loan, auto lease and trade receivables transactions. Janette has worked with auto ABS sponsors in drafting comment letters on regulatory reform since 2010, including on Regulation AB II, shelf eligibility, loan level disclosures and risk retention. She has given numerous presentations to auto ABS sponsors and underwriters on these new rules. Janette was the lead outside counsel on the first publicly filed and the second effective Regulation AB II shelf. This shelf was declared effective prior to all other industry participants other than one SEC pilot program issuer. Additionally, Janette has represented clients in equipment financings, health care receivables transactions, marketplace loan deals, whole business securitizations, restructurings, cross-border transactions and acquisitions.

Career

Kirkland & Ellis: Chicago Office: Sept. 1998-2000 & 2003-July 2009; London Office: 2001- 2002; New York Office: July 2009-present. Partner: 2004-present.

Member

American Bar Association, Structured Finance Industry Group, New York City Bar Association.

Education

Northwestern University School of Law, J.D.; Dartmouth College, B.A.


United States: Finance

Structured finance: securitization

Within: Structured finance: securitization

Primarily based in the firm's Chicago office, Kirkland & Ellis LLP handles high-value auto and equipment securitizations, where it is particularly active in the subordinated loan space. Additionally, the team is aiming to expand its capabilities in marketplace loan and whole-business securitizations. Jeffrey O’Connor acted for clients such as JP Morgan Securities and Deutsche Bank Securities in several billions of dollars of ABS transactions involving dealer floorplan loans and equipment loans. On the issuer side, the team advised John Deere Capital Corporation on a series of Delaware trust vehicles holding amortizing pools of equipment retail installment sale and loan contracts. Kenneth Morrison is another Chicago-based contact. In the New York office, Sarah Whyte advised Wyndham Destinations on two securitized offerings of timeshare loan receivables, and Janette McMahan acted for Enova International in a $125m 144A and Reg S-compliant offering of notes backed by unsecured consumer loans.

[back to top]


Back to index

Legal Developments worldwide

Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to