Reed Auerbach is the global leader of the structured transaction practice at Morgan Lewis. Recognized in the 2021 edition of Chambers USA as a leading structured finance lawyer, an industry participant noted “Reed Auerbach is really the best in class; he is extremely responsive and he is unbelievably knowledgeable.” Reed represents a broad range of Fortune 100 companies, financial institutions, investment funds, and issuers in the development of innovative structured finance strategies and advises on the acquisition and disposition of financial assets and origination and servicing platforms.
Reed is a great person to work with. A go-to lawyer for any legal question regarding structured finance.
Reed Auerbach is really the best in class; he is extremely responsive and he is unbelievably knowledgeable.
Reed advises underwriters and issuers in connection with both domestic and cross-border public and private offerings of asset-backed and mortgage-backed securities involving a wide variety of assets, collateralized loan obligations and related interim warehouse financings, asset-backed commercial paper conduits, whole loan purchases, repurchase agreements, derivative transactions, and residual financings.
Reed’s securitization experience includes solar panel loans and leases; student loans; prime and nonprime auto loans; auto leases; equipment; leases; servicing rights; unsecured consumer and commercial loans, including such loans originated on marketplace lending platforms; commercial real estate loans; middle-market loans; home equity loans; royalty streams and other intellectual property rights; dealer floor plan receivables; telecommunication receivables; litigation settlement fees; Australian mortgage loans; manufactured housing contracts; recreational vehicle loans; recreational boat loans; commercial tugboat and barge loans; reverse mortgages; credit card receivables; and insurance premium finance agreements.
Reed is on the editorial board of The Journal of Structured Finance and he co-authored the industry’s primary treatise, Offerings of Asset-Backed Securities, Wolters Kluwer Publishers.
Counsel to the issuer in connection with the first term US securitization of device payment plans and the first publicly registered issuance of notes backed by device payment plan receivables
Counsel to the issuer in connection with the first ABS “green bond”
Counsel to the swap counterparty in connection with a synthetic auto loan securitization
Counsel to the issuer in connection with first issuance of asset-backed reset rate notes
Worked with a student loan provider to draft what ultimately became the DOE’s program to restore liquidity to the student loan market
Counsel to a financial services firm in connection with the acquisition of a bank from the FDIC
Counsel to several hedge funds in connection with the acquisition of distressed mortgage loans and RMBS
Counsel to a private equity firm in connection with the acquisition financing of a healthcare equipment company
Counsel to a private equity firm in connection with the acquisition of a distressed credit card company
Counsel to an investment bank in connection with the restructuring of auction rate securities
Counsel to a financial services firm in connection with the development and facilitation of alternative financing options that resulted in a multibillion-dollar secured loan transaction
Counsel to a financial services firm in connection with a groundbreaking 20-year, multibillion-dollar committed securities-based financing facility structured as a total return swap
Counsel to financial services company in connection with the sale of its consumer loan business
Counsel to a student loan provider in a multibillion-dollar total return swap to finance private credit student loan ABS
Counsel to a financial services firm in connection with the multibillion-dollar sale of its home lending business to a private equity firm
Columbia University School of Law, 1985, Juris Doctor
Columbia University School of International and Public Affairs, 1982, Master of Arts
Franklin and Marshall College, 1980, Bachelor of Arts, magna cum laude
Awards and Affiliations
Hall of Fame, Finance: Structured finance: securitization, The Legal 500 US (2021–2023)
Recommended, Industry focus: Transport: rail and road - finance, The Legal 500 US (2021–2023)
Leading Lawyer, Finance: Structured finance: securitization, The Legal 500 US (2013–2020)
Band 1, Capital Markets: Securitization, Nationwide, Chambers USA (2014–2023)
Ranked, Capital Markets: Securitization, Nationwide, Chambers USA (2003–2013)
Band 1, Capital Markets: Securitization, USA, Chambers Global (2018–2024)
Ranked, Capital Markets: Securitization, USA, Chambers Global (2001–2017)
Highly Regarded, IFLR1000 Financial and Corporate (2007–2023)
Highly Regarded, IFLR1000 United States (2018–2020)
Recognized, Securitization and Structured Finance Law, New York, The Best Lawyers in America (2007–2024)
Lawyer of the Year, New York City Securitization and Structured Finance, The Best Lawyers in America(2014)
Recognized, Securities & Corporate Finance, New York Metro Super Lawyers (2012, 2013)
Harlan Fiske Stone Scholar, Columbia University School of Law
Editor, Journal of Transnational Law, Columbia University School of Law
Certificate with honors from the Parker School of International and Comparative Law