Proskauer Rose LLP

Corporate; Structured Credit

Lawrence Berkovich is a partner in Proskauer's Corporate Department and a member of the firm’s Structured Credit group. He brings over 25 years of legal experience to the structured finance sector, with the past two decades specializing in collateralized loan obligations (CLOs) and related structured products. His practice focuses on broadly syndicated loan, private credit and middle-market CLOs, rated and unrated leveraged loan warehouse facilities, structured term financing facilities backed by portfolios of loans, risk retention financings and a variety of other asset-backed loan and securities transactions, as well as CLO refinancings, resets, reissuances, upsizings and restructurings.

He is a strategic advisor to a diverse client base that spans underwriters, issuers, collateral managers, administrative agents, co-lender banks, and debt and equity investors. Lawrence has served as principal outside counsel to two major global investment banks in the development of their CLO and leveraged loan warehousing platforms and has advised numerous institutions on the creation and execution of innovative risk retention financing facilities.

In addition to his transactional prowess, Lawrence has extensive experience in derivative instruments — including credit default swaps, total return swaps, interest rate swaps, and currency swaps — and routinely advises clients on regulatory and compliance matters relating to CLOs. His guidance extends to U.S. federal securities laws, the Dodd-Frank Act, the Volcker Rule, and credit risk retention rules in the U.S., EU and UK.