Corporate Trust

We understand the roles of trustees and agents in all different types of transactions, the financial products they are required to administer and the unique tasks they are assigned in the many different types of financing transactions in which they participate. We have represented financial institutions acting as corporate trustees and acting in other agent and/or fiduciary capacities in domestic and global financings, corporate and municipal financings, TIA qualified and exempt transactions, secured and unsecured debt, private placements, project financings, taxable and tax-exempt securities, secondary and primary market receipts, sale-leasebacks, equipment leases, mortgages and numerous other asset securitizations and structured and conduit financings.

We have also represented our clients in default administration and in servicing and reporting. Nationally and internationally, the wealth of experience that our firm's attorneys bring to our clients in the corporate trust field is unmatched by any other firm in the country. It is this experience which enables us to address with confidence the complex issues being confronted by trustees in today's financings.Our firm maintains a high profile in the development of banking products.

We have been intimately involved in the development of new derivative products such as inverse floaters and auction rate receipts, while maintaining an active practice assisting our clients in the issuance of all types of financial products.Issuers and underwriters have often called upon our firm to assist them in structuring financings and developing documentation relating to new financial products because they recognize our expertise as well as our cost effective management style. For example, our practice put us in the vanguard of the development of capital or preferred securities. In the international arena, we helped pioneer the development of the Eurodollar and the structured finance markets for the securities of Latin American, Asian and other emerging issuers. Since 1990, the firm has participated in many of the major international securities offerings by Latin American and other foreign issuers under Regulation S and Rule 144A.Our firm has also developed an excellent reputation in the evolving area of asset securitization. As a result of our reputation in this area, we have been asked to participate in transactions involving some unique structured receivable transactions. In addition to numerous credit card and automobile loan receivable securitizations, we have worked on transactions involving the securitization of farm equipment receivables, health care receivables, CLO's and CBO's, consumer receivables resulting from direct mail marketing and Japanese equipment lease receivables. Clearly, as in all areas of our corporate trust practice, we have not limited ourselves to conventional transactions.Our exposure in the corporate trust area has been very broad in several other respects.

We have worked with every type of issuer, from the largest corporations to the smallest municipalities. We regularly work with most major law firms, brokerage houses and underwriting units of banks. As a result, we pride ourselves on the excellent working relationships we have developed over the years with attorneys, business people, regulators and other professionals all across the country and abroad.Our firm's commitment to its clients does not end at the closing of the transaction. We are continually called upon to advise our clients in post closing matters, default administration, bankruptcy and compliance reviews.Our firm's bankruptcy lawyers further support our corporate trust practice and have represented indenture trustees in a number of prominent Chapter 11 cases. Similarly, our litigation group has represented trustees in various significant cases. As a result, we have substantial expertise in many developing areas of bankruptcy and case law regarding the rights and obligations of corporate trustees.Our firm is committed to assisting its clients in all aspects of their business and is continually looking to help them meet their goals. Given our broad experience, expertise, unswerving devotion and attention to service and our commitment to competitive pricing, we feel we are uniquely situated to provide legal services of the highest caliber on any type of corporate trust matter.