Loeb & Loeb LLP

  • Established in 1909
  • Firm Size 420
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Structured Finance and Securitization

Loeb & Loeb’s Structured Finance and Securitization Practice regularly represents a broad range of market participants in connection with the securitization of a wide variety of assets, as well as other types of structured finance transactions, including asset-backed commercial paper (ABCP) transactions, and CBO, CDO and CLO transactions. Our clients include originators and issuers, placement agents and underwriters, asset managers, credit enhancement providers, swap counterparties, administrators, managers, servicers, and investors involved in such transactions.

Handling these issues from all sides of the table has enabled us to develop a full appreciation of the matters that are important to each of the market participants involved. These different perspectives allow us to more efficiently and effectively negotiate for our clients, resulting in a “market” transaction.

Securitization

Loeb & Loeb attorneys have been involved in numerous securitization transactions that have provided billions of dollars of financing for a wide variety of assets over the past 20 years. These transactions have spanned numerous industries and have utilized various funding options, including public offerings and private placements of securities and other financing vehicles such as commercial paper conduits. In addition, having represented many first-time issuers, our attorneys are well-equipped to understand the concerns unique to such parties and to provide the guidance necessary to make novice issuers feel comfortable with what can be a complicated transaction process.

Commercial Paper Programs

Loeb & Loeb attorneys have significant experience in the structuring of ABCP programs in both the U.S. and European markets and the financing of various types of assets, including synthetics, by such programs. Our attorneys have advised sponsors, placement agents and managers of ABCP programs. This experience allows our attorneys to satisfy the needs of all parties to these transactions, resulting in smoother and faster execution. Overall, our attorneys have been involved in more than 60 commercial paper programs and have actively advised clients in this market since the early 1990s.

CBOs, CDOs and CLOs

The attorneys in Loeb & Loeb’s Structured Finance and Securitization Practice have also been involved in numerous CBO, CDO and CLO transactions. We have advised various market participants in structuring these matters, including asset managers, placement agents, investors and issuers. Included in these transactions have been both cash flow and market value structures, as well as transactions involving synthetic structures and other types of derivatives. Post-financial crisis, as these markets have evolved, our recent work has involved CLO and CDO “repacks” initiated by program sponsors, asset managers and investors.

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Diversity

At Loeb & Loeb, our commitment to fostering and maintaining a diverse workforce is as important as our commitment to every client, case and transaction. Our inclusive environment and consideration of varied perspectives are essential to creating the best solutions for our clients, and integral elements of our success. It’s just another way: Loeb& Loeb adds Value.
Driving our diversity initiatives are the attorneys and staff who serve on our Workplace Diversity and Inclusion Committee. The mission of the Workplace Diversity and Inclusion Committee is to advance diversity awareness within the firm, establish firm-wide policies and initiatives that support our commitment to maintaining a diverse workforce; foster understanding, communication and respect; and promote an inclusive workplace environment that utilizes the talents of attorneys and staff of all race, color, national origin, ethnic and cultural background, religion, sex, age, medical condition or disability, citizenship, gender identity or expression, sexual orientation or preference and marital, veteran or family status. At Loeb & Loeb we believe drawing on the talents of a diverse pool of attorneys and staff creates a workplace environment that allows us to attract and retain a diverse workforce and to serve our clients more effectively and creatively as a result.
Recruiting and Retention
The Workplace Diversity and Inclusion Committee assists and monitors Loeb & Loeb’s ongoing efforts to promote and achieve its diversity goals, especially the goal of meaningfully increasing the representation and retention of women and minority lawyers at all levels of the firm. The committee advises firm management regarding procedures for enhancing the recruitment, retention and promotion of diverse attorneys, and provides input on ways to integrate diversity goals into everyday decision-making, policies and management practices.
Affinity Groups
Loeb & Loeb attorneys and staff members are active in four affinity groups: Attorneys of Color, LGBT, Women and Parents. These groups provide a voluntary support network designed to create a more inclusive culture, enrich the work environment, and identify solutions and strategies that help the firm recruit, develop, advance and retain talented attorneys. Through thoughtful discussion of topical issues and identification of best practices, our affinity group members are able to drive meaningful change and promote a culture of collaboration and positive action.

Mentoring
Encouraging the professional growth and development of our attorneys is an important focus at Loeb & Loeb. It is key to the success of our attorneys, our firm and our service to clients. Our mentor program provides associates with the structure and framework needed to build skill sets and develop valuable professional connections. Through both informal and formal mentoring, senior lawyers share their experience, knowledge and insight to help guide associates on the path to become future firm leaders.

Community Outreach
Our commitment to diversity is enhanced by our active involvement as members and sponsors of several organizations that support and reflect our diverse society, such as the California Minority Counsel Program and Lambda Legal. We also participate in programs that promote diversity in the legal profession, including the recently expanded Judicial Intern Opportunity Program from which the ABA Section of Litigation places law students of color and those from disadvantaged backgrounds into judicial internships.

In addition, we are a signatory of the Diversity Statement and Policies promulgated by the New York City and Los Angeles County Bar Associations. Both of these initiatives call upon law firms to hire diverse incoming classes and to maintain this diversity as associates rise in seniority and are considered for partnership.

DIVERSITY ADDS VALUE!

To learn more about any of Loeb & Loeb’s diversity initiatives, we invite you to contact our Workplace Diversity and Inclusion Committee co-chairs:

Theresa Davis 
321 North Clark Street
Suite 2300
Chicago, IL 60654
312.464.3188
[email protected]

Channing Johnson
10100 Santa Monica Boulevard
Suite 2200
Los Angeles, CA 90067
Tel 310.282.2322
[email protected]

James Taylor
345 Park Avenue
New York, NY 10154
212.407.4895
[email protected]

  1. Matter Budgeting and Financial Management

    • Does the firm establish formal budgets for client engagements? Yes
    • Are bills submitted electronically? Yes
  2. Quality Management

    • Does the firm conduct end of matter reviews? Yes
  3. Litigation General Best Practices

    • Does the firm have a formalized new associate litigation training/mentoring program? Yes
    • Does the firm's litigation department have a structured approach to early case assessment? For example: Does your firm implement a standard approach to determine risks and strengths early in a case to assess trial or settlement options? Yes
    • Does the firm have an established records management team to assist clients with records retention, compliance and litigation preparedness? Yes
  4. Litigation eDiscovery Best Practices

    • Does the firm have an established eDiscovery Committee? Yes
    • Does your firm have any educational programs designed to address the changing federal rules of civil procedure? Yes
    • Does the firm have a standardized litigation hold program in place for its clients? Yes
    • Does your firm have a standardized protocol to guide client data collection? (i.e. Maintaining chain of custody, utilizing forensically sound procedures) Yes
    • Does the firm have a standardized protocol to guide processing clients' edata? (i.e. all data produced in PDF, meta data preserved?) Yes
    • Does the firm have a standardized approach for document reviews across practice groups (i.e. established protocol for eDiscovery review depending on the needs of the case) Yes
  5. Vendor Management

    • Does the firm have preferred vendor relationships? Yes
  6. Knowledge Management

    • Does the firm have a knowledge management program? Yes
  7. Disaster Recovery

    • Does the firm have a disaster recovery plan in place? Yes

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