Sharanjit (Sharan) Calay

Sharan Calay advises on a wide range of legal matters, including structured finance, asset-backed and mortgage-backed securities transactions, domestic and international banking transactions, distressed debt transactions, and project finance. She represents clients from various industries such as banks, financial institutions, and businesses in both domestic and cross-border financing transactions.

Sharan represents trustees on collateralized loan obligations (CLO) and is often consulted by banks and her peers on such representations. Sharan has experience in representing clients in relation to CLO, risk retention transactions, warehouse transactions, redemptions, refinancings, and Volcker Rule and libor transition implementation amendments. She also has exposure to the securitization and custody of peer-to-peer loan receivables.

In her practice, Sharan also handles matters concerning corporate trustees, issuing and paying agents, depositaries, collateral agents, administrative agents, servicers, back-up servicers, master servicers, trust administrators, hedge fund administrators, and other service providers in asset-backed and mortgage-backed transactions. She has deep experience in dealing with workouts, bankruptcies, restructuring of special purpose conduits, and representing both issuers and trustees in connection with mortgage-backed securitization transactions.

Recognition & Leadership

Professional & Community Involvement

• Member, American Bar Association

• Member, Structured Finance Investment Group