Moses Singer

Partner, Co-Chair – Banking & Finance Practice Group

Paul M. Roder is Co-Chair of Moses & Singer’s Banking & Finance practice group.

For over twenty-five years, Paul has represented money center banks and other financial institutions in sophisticated financing arrangements.  His clients often seek his advice in connection with their most challenging credit opportunities, where he provides innovative and tailored solutions in a cost-effective manner.

Paul has extensive experience in syndicated and bilateral lending, secured lending, and letter of credit transactions.  He actively represents lenders in fund finance, trade finance, and private banking/high-net-worth finance, as well as other financings.  He advises his clients in all aspects of their transactions, including structuring, documenting, and negotiating.

Paul’s clients include foreign and domestic lenders who often serve as lead agents and arrangers in syndicated credit facilities and as letter of credit issuers or swingline lenders.  He regularly represents lenders in cross-border financings and extensions of credit to a wide range of borrowers, including public and private companies as well as investment funds and other financial institutions.  He has worked with numerous types of collateral, including equity interests, accounts receivable, cash and marketable securities, promises to contribute capital, and a host of other tangible and intangible assets.

In the fund finance market, Paul counsels clients on a variety of credit facilities, including subscription, hybrid, NAV, and general partner and management company facilities, as well as equity commitment arrangements and other uses of capital commitments to support extensions of credit.  He has handled hundreds of traditional subscription credit facilities, as well as negotiating and documenting facilities for complex multi-fund, multi-layered, and open-ended fund structures across multiple jurisdictions.  He has advised clients on various credit support structures, including utilizing capital commitments to support portfolio company and joint venture financings.  He also has counseled clients on the use of unusual credit solutions, such as dedicated tranche financing.

In addition, Paul represents money center banks in all facets of letter of credit transactions and trade finance, including secured and unsecured letter of credit and demand guarantee facilities (on both a syndicated or bilateral, and committed or uncommitted, basis), trade finance loans, accounts receivable purchases, draft discounting, and supply chain finance.  When disputes arise, he works closely with the Firm’s experienced and skilled letter of credit and trade finance litigators.  Multiple banks have engaged him to prepare letter of credit-related forms, such as reimbursements agreements and letter of credit templates, and accounts receivable purchase agreements and supply chain finance documentation.  He also reviews and negotiates credit insurance policies for insureds.

Paul was elected a Fellow of the prestigious American College of Commercial Finance Lawyers and has served on the College’s Nominating Committee.  He also is an active member of the American Bar Association and the New York City Bar Association.  He currently serves as Co-Chair of the ABA’s Letters of Credit Subcommittee of the UCC Committee and was Co-Chair of the New York City Bar Association’s Working Group on New York State LIBOR Replacement Legislation and Working Group on Federal LIBOR Replacement Legislation.  Paul speaks frequently for clients, bar associations, and trade organizations on a range of topics, including lending, letters of credit (including UCC Article 5, UCP 600, ISP98, and URDG 758), trade finance, fund finance, LIBOR replacement, and the Secured Overnight Financing Rate (SOFR).

American College of Commercial Finance Lawyers Fellow (2022 – present) Member of Nominating Committee (2022 – 2023) New York City Bar Association - Member, Committee on Commercial Law and Uniform State Laws (2010-2019); Co-Chair, Working Group on New York State LIBOR Replacement Legislation (2028-2021); Co-Chair, Working Group on Federal LIBOR Replacement Legislation (2018-2021) American Bar Association - Member, Business Law Section, Uniform Commercial Code Committee (2015-present); Member, Uniform Commercial Code Committee, Letter of Credit Subcommittee (2015-present); Co-Chair, Uniform Commercial Code Committee, Letter of Credit Subcommittee (2021-present) Bankers Association for Finance and Trade (BAFT) – Member (2018-present) MSI Global Alliance – Member (2015-present)

Syracuse University College of Law (J.D., cum laude) Syracuse Law Review (Article published: Note, American Asset Protection Trusts: Alaska and Delaware Move "Offshore" Trusts onto the Mainland, 49 Syracuse L. Rev. 1253 (1999)) Moot Court Honor Society "Big Changes to New York’s Power of Attorney Law Are Coming June 13, 2021" March 8, 2021. Syracuse University (B.A., Magna Cum Laude)