Press Release

Morgan Lewis Partners Release New Edition of Asset-Backed Securities Guide with Wolters Kluwer

Tuesday, February 5, 2019

NEW YORK, February 5, 2019: Morgan Lewis partners Reed Auerbach and Charles Sweet have authored the latest edition of Offerings of Asset-Backed Securities, which provides comprehensive navigation through the complex rules and regulations governing asset-backed securities. Available on Cheetah™, Wolters Kluwer Legal & Regulatory US’s online research platform, this new resource is a timely and authoritative guide that breaks down the myriad rules and regulations governing the structuring, offering, and sale of asset-backed securities.

Offerings of Asset-Backed Securities, Fourth Edition, which is intended for lawyers and securities professionals, is a practical, easy-to-use guide to the rules and issues associated with structuring and executing securitization transactions.

“This title presents key legal aspects of asset-backed securities transactions in an understandable and comprehensive manner,” said Reed, leader of Morgan Lewis’s structured transactions practice group. “In the same way that our team practices law, we have tried to share practical, deal-oriented solutions to demystify the securitization process.”

"The knowledge that went into the creation of this book represents the collective expertise of everyone in Morgan Lewis’ structured finance practice,” Charlie said. “Most of us have practiced together for many years, and we are fortunate to have been joined more recently by colleagues who share our devotion to teamwork and exceptional client service.”

The Fourth Edition has been significantly revised and includes:

  • Updated and streamlined guidance throughout, with an emphasis on practical compliance advice for current laws and rules
  • A new chapter introducing securitization concepts and structures
  • A new chapter on the future of the regulation of securitization, including status reports on many outstanding regulatory efforts and proposals
  • A new section dealing with issues affecting securitizations of marketplace loans
  • A new chapter containing detailed analyses of both the US and EU credit risk retention rules for securitizations
  • A new chapter explaining the Uniform Commercial Code issues involved in securitizations.

The new resource can be accessed through Cheetah™, Wolters Kluwer’s intuitive legal research platform. Print copies may be purchased here: “Offerings of Asset-Backed Securities,” Fourth Edition.