Mr Michael Rufkahr > Dechert LLP > New York, United States > Lawyer Profile

Dechert LLP
Three Bryant Park, 1095 Avenue of the Americas
NEW YORK, NY 10036-6797
United States

Work Department

Commercial Mortgage-backed Securities

Position

Partner

Career

Michael J. Rufkahr’s practice focuses on the tax aspects of financial instruments, structured finance and investment vehicles, particularly with respect to real estate finance and mortgage and asset-backed securitizations.

Mr. Rufkahr has advised sponsors, issuers, credit enhancers and underwriters on the issuance of nearly $1 trillion in mortgage-backed securities issued by real estate mortgage investment conduits (REMICs) and grantor trusts. Since 1997, Mr. Rufkahr has served as principal outside securitization tax counsel to Fannie Mae in over 1,400 residential mortgage securitizations and mortgage-backed security stripping transactions using REMIC and fixed investment trust structures. He regularly advises investment funds with respect to mortgage-backed security investments, and borrowers, lenders and master and special servicers with respect to loan administration and debt modification tax issues. Mr. Rufkahr is also experienced in matters pertaining to private and publicly traded real estate investment trusts (REITs).

Mr. Rufkahr advises sponsors, issuers, investors and underwriters with respect to domestic and off-shore collateralized debt obligation (CDO) and collateralized loan obligation (CLO) structures, distressed asset investments, workouts and modifications. He also has extensive experience in asset-backed securitizations of auto receivables, credit card receivables, life settlement contracts and structured settlements. Mr. Rufkahr regularly advises issuers, investors and underwriters with respect to taxation of financial instruments and debt/equity tax classification issues.

Education

  • University of Michigan, A.B., 1976
  • University of Michigan Law School, J.D., 1979

Lawyer Rankings

United States > Tax > International tax

Working in close collaboration with its London, Luxembourg, and Paris offices, Dechert LLP provides tax advice to global asset management firms, financial services firms, and mutual and investment funds. The team is particularly strong in advising middle-market private equity firms on structuring of M&A transactions, holding companies, and financing. Additionally, it deals with tax aspects of structured finance and securitizations, as well as REITs and transfer pricing agreements. In New York, practice head Joshua Milgrim advises private equity firms and public and closely-held companies on corporate transactions, as well as the formation of investment management companies. He works alongside Ari M. Zak, a specialist in international taxation of investment funds. Structured finance transaction experts William Cejudo and Michael Rufkahr are based in Washington DC., while in Boston Adrienne M Baker covers FATCA compliance and tax for private and regulated investment companies. In November 2021, M&A tax specialist David Passey joined from Schulte Roth & Zabel LLP. Daniel M Dunn has retired, while Steven E Clemens departed in June 2021.