Vedder Price‘s ’experience and expertise are unmatched’. The firm’s global transportation finance team fields asset finance and securitization specialists from Chicago, New York, DC, Dallas, San Francisco and Los Angeles, as well as from London and Singapore. Representing lessors, lenders, manufacturers, government agencies, equity investors and operators, the team acts on rail asset-related domestic and international leasings as well as on debt financing, and its transactional experience ranges from railcar purchases and sales to complex securitizations of railcar portfolios. The team additionally assists equity investors with acquiring and establishing new railcar leasing platforms as well as with structuring strategic joint ventures with railcar lessors and manufacturers. Michael Draz is a specialist in rail financing structures involving securitizations, warehouse loan facilities, cross-border operating and leveraged leases, and portfolio acquisitions and divestitures. John Bycraft, Clay Thomas in Los Angeles, and Jillian Greenwald ‘have probably done more railcar financing transactions than any other team in the country’. The practice also includes New York-based transportation finance expert Jeffrey Veber, while Geoffrey Kass is global transportation finance practice chair.  In a boost to the team, railcar financing structure specialist Joel Thielen was promoted to shareholder in March 2023. All attorneys named are based in Chicago unless otherwise mentioned.
L’éditorial du Legal 500

Témoignages

Collectés indépendamment par l'équipe de recherche du Legal 500.

  • ‘Best in class’.
  • ‘The team’s experience and expertise are unmatched.’
  • ‘They have a great grasp of what market practice is and the direction the market is moving in.’
  • ‘Good depth and with a keen eye for detail.’
  • ‘Michael Draz is an excellent counselor in general, but specifically for railroad and transportation work.’
  • ‘Michael Draz is collaborative and at the same time an expert with authority, especially when dealing with the counterparty.’
  • ‘Michael Draz and Jeffrey Veber are standouts.’
  • ‘John Bycraft, Clay Thomas, and Jillian Greenwald have probably done more railcar financing transactions than any other team in the country.’

Clients clés

  • Chicago Freight Car Leasing Co
  • Atlas SP
  • Export Development Canada
  • Greenbrier
  • ITE Management
  • J.P. Morgan Asset Management
  • National Steel Car Limited
  • Riverside Rail
  • PNW Railcars, Inc.
  • Stonebriar Commercial Finance

Points forts

  • Represented GBX Leasing in the upsize and extension of its $550m railcar warehouse loan facility.
  • Represented Trinity Rail Leasing 2023 LLC in a $510m railcar term loan financing.

Avocats

Hall of Fame

Avocats au sommet de leur profession, largement reconnus et respectés par l'ensemble du marché pour leur expertise éprouvée et leur intervention récurrente et longue date dans les dossiers les plus complexes et prestigieux.

Les grands avocats du marché

Avocats associés reconnus parmi les leaders du marché par leurs pairs et leurs clients, régulièrement présents dans les grands dossiers dans lesquels ils sont au premier plan.

Les grands avocats de demain

Jeunes associés disposant d’une reconnaissance montante sur le marché, jouant régulièrement un rôle clé dans des dossiers majeurs.

Clay Thomas

Meilleurs collaborateurs

Jeunes avocats collaborateurs ou counsels qui se distinguent régulièrement par leur présence dans des dossiers importants du marché, et qui sont identifiés par le marché comme de jeunes talents à suivre.

Responsable de la pratique

Geoffrey Kass

Autres avocats clés

Michael Draz; John Bycraft; Clay Thomas; Jillian Greenwald; Jeffrey Veber; Joel Thielen