WASHINGTON, DC, February 17, 2017: Morgan Lewis welcomes to its Washington, DC, office partners Mark R. Riccardi and Cory E. Barry, two lawyers with broad backgrounds in representing financial industry clients who will further strengthen the firm’s global structured transactions team. They formerly were partners at a firm focusing on financial services representations in the United States.
Mr. Riccardi and Mr. Barry have highly diversified practices representing issuers, underwriters, investors, and other financial institutions in connection with structured finance, securitization, structured products, and debt capital markets transactions. They advise clients on securities and financial regulatory matters, including those related to the US Dodd-Frank Wall Street Reform and Consumer Protection Act. Asset classes they work on include student loans, credit card receivables, auto loan and lease receivables, wireless equipment installment plan receivables, unsecured consumer loans, and property assessed clean energy (PACE) matters.
“The expertise and experience of our new colleagues provide added value to financial industry clients at a time of potentially far-reaching change in the world economy and the United States regulatory environment,” said Firm Chair Jami McKeon. “Mark and Cory will work closely with our US and global teams to provide our clients with the advice they need to keep pace with these developments.”
Mr. Riccardi, the DC office leader at his former firm, represents financial institutions, investors, and other market participants in securitizations, asset-backed finance, capital markets, and debt financing transactions. He advises clients on regulatory matters affecting public and private financings. Among his clients are issuers and financial intermediaries in asset securitization transactions, including registered offerings and private placements. Mr. Riccardi represents lenders and borrowers in secured credit facilities, and warehouse lending and principal finance transactions. He also advises purchasers, servicers, and lenders on transactions involving portfolios of financial assets.
Mr. Barry represents financial institutions on debt capital markets and structured products transactions. He also advises clients on financial regulatory matters. Mr. Barry regularly represents financial institutions in the public and private issuance of corporate and asset-backed fixed income securities, asset-based lending, and term issuance and asset-backed commercial paper financing. He works with numerous types of financial assets and other collateral involving many types of loans.
“Our financial services clients demand comprehensive and sophisticated legal advice that covers a broad range of issues and is grounded in familiarity with the regulatory structure, and Mark and Cory are ideally suited to provide that assistance,” said Reed Auerbach, who leads Morgan Lewis’s structured transactions team. “These exceptional lawyers also will provide a great resource for our colleagues representing financial clients across the globe.”