S. Structured Finance and Securitization

This course will provide an overview of the structured finance sector and will feature legal analytical and practical components. This course will feature a broad overview of what structured finance is including the building blocks of a transaction, primary transaction documents, legal opinions and basic financial modeling. In addition, the course will examine and analyze critical issues such as risk retention, non-consolidation, true sale and fraudulent conveyance, special purpose status, the transfer of intangibles, the Investment Company Act and the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010. Students will complete the course with: (i) an understanding of the legal and regulatory issues that permeate structured finance transactions; (ii) an understanding of the business drivers in respect of such transactions and (iii) an understanding of the various steps involved in executing structured finance deals. This course aims to give students a true understanding of what it looks like to be an attorney working in the structured finance space. The materials will be particularly helpful to those considering any type of transactional practice, whether finance or otherwise, but will also provide valuable, transferable skills to those who choose other practice areas.