Michael E. Draz > Vedder Price > Chicago, United States > Lawyer Profile
Vedder Price Offices
222 NORTH LASALLE STREET, SUITE 2600
CHICAGO, IL 60601-1003
ILLINOIS
United States
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Michael E. Draz
Work Department
Global Transportation Finance
Position
Shareholder
Career
Mr. Draz has significant experience representing commercial banks, operating lessors, finance companies, manufacturers, private equity funds, hedge funds and other investors in a variety of transaction structures, including securitizations, warehouse loan facilities and other structured financings, cross-border operating leases, leveraged leases and portfolio acquisitions and divestitures. Mr. Draz also has experience representing investors in structuring and establishing strategic joint ventures and new leasing platforms for aviation and rail assets.
Mr. Draz is conversant in Polish and Spanish.
Languages
English, Polish & Spanish
Memberships
- Member, American Bar Association, Aircraft Financing Subcommittee
Education
- Loyola University Chicago School of Law, J.D., 2008, magna cum laude
- University of Notre Dame, B.A., 2005
Lawyer Rankings
United States > Transport > Rail and road: finance
(Leading lawyers)Vedder Price‘s ‘experience and expertise are unmatched’. The firm’s global transportation finance team fields asset finance and securitization specialists from Chicago, New York, DC, Dallas, San Francisco and Los Angeles, as well as from London and Singapore. Representing lessors, lenders, manufacturers, government agencies, equity investors and operators, the team acts on rail asset-related domestic and international leasings as well as on debt financing, and its transactional experience ranges from railcar purchases and sales to complex securitizations of railcar portfolios. The team additionally assists equity investors with acquiring and establishing new railcar leasing platforms as well as with structuring strategic joint ventures with railcar lessors and manufacturers. Michael Draz is a specialist in rail financing structures involving securitizations, warehouse loan facilities, cross-border operating and leveraged leases, and portfolio acquisitions and divestitures. John Bycraft, Clay Thomas in Los Angeles, and Jillian Greenwald ‘have probably done more railcar financing transactions than any other team in the country’. The practice also includes New York-based transportation finance expert Jeffrey Veber, while Geoffrey Kass is global transportation finance practice chair. In a boost to the team, railcar financing structure specialist Joel Thielen was promoted to shareholder in March 2023. All attorneys named are based in Chicago unless otherwise mentioned.
United States > Transport > Aviation and air travel: finance
Housing ‘one of the premier aviation finance legal practices’, Vedder Price‘s client base ranges from major airlines, export credit agencies, operating lessors and asset managers to investment funds, finance companies, and manufacturers and manufacturer finance companies. The team handles the full gamut of aircraft finance deals, with its expertise covering large-value M&A deals, aircraft-related asset-backed securities, and portfolio debt financings. It also assists with structured multi-aircraft financings in the capital markets, sale and leaseback deals, individual aircraft sales, and maintenance, repair and overhaul agreements. In Chicago, Geoffrey Kass is a specialist in aviation sector-related structured financings; Adam Beringer focuses on commercial aircraft finance; Mark Ditto represents operating lessors, commercial banks, finance companies, private equity firms and hedge funds in commercial aircraft and high-value equipment transactions; and Michael Draz is another key aviation finance practitioner. Over in New York, Jeffrey Veber is well known for his work with EXIM Bank on cross-border aircraft leasings; Cameron Gee is ‘one of the best aviation partners around‘; and Justine Chilvers advises on an array of cross-border and domestic aircraft finance transactions. Another key adviser is aircraft finance transaction expert Raviv Surpin in Los Angeles.
Lawyer Rankings
- Aviation and air travel: finance United States > Transport
- Leading lawyers United States > Transport > Rail and road: finance
- Rail and road: finance United States > Transport
Top Tier Firm Rankings
- Transport > Aviation and air travel: finance
- M&A/corporate and commercial > M&A: middle-market (sub-$500m)
- M&A/corporate and commercial > M&A: middle-market (sub-$500m)
- Transport > Rail and road: finance
Firm Rankings
- Transport > Shipping: finance
- Labor and employment > Labor-management relations
- Investment fund formation and management > Mutual/registered/exchange-traded funds
- Labor and employment > Workplace and employment counseling
- Labor and employment > Employee benefits, executive compensation and retirement plans: design
- Labor and employment > Labor and employment disputes (including collective actions)
- Dispute resolution > Securities litigation: defense
- Investment fund formation and management > Private equity funds (including venture capital)
- Dispute resolution > Corporate investigations and white-collar criminal defense