Michael D. Jewesson
Counsel
Mike’s practice focuses on corporate securities and finance with an emphasis on the representation of borrowers, issuers, sellers, servicers, monolines, investors and lenders in connection with public and private issuances of secured indebtedness, including securitizations and other structured financing transactions, asset-backed loans, senior-secured bank loans and syndicated bank loans collateralized by residential and commercial mortgage loans, commercial loans, automobile loans, equipment leases, residential construction loans, manufactured housing loans, consumer retail installment contracts, consumer revolving charge accounts, confirmations of originator’s fees (COOFs), asset-backed securities and other financial assets. Mike has also represented public and private companies in connection with workouts and debt restructuring, mergers and acquisitions, asset sales, debt and equity offerings and general corporate, limited partnership and limited liability company matters.
Representative Experience
- Represented subprime and non-prime auto finance companies in structured warehouse financings and securitizations of auto receivables
- Represented American Securitization Forum in connection with passage of Texas certificate of title legislation
- Represented equipment lease company in syndicated senior secured lending facility, structured warehouse financings and securitizations
- Represented electronics retailer in syndicated senior secured lending facility
- Represented national bank as lender in credit facility secured by quick service restaurant (QSR) franchise loans
- Represented hedge fund in structured warehouse credit facility secured by buy here, pay here (BHPH) auto loans
- Represented national banks as mortgage loan sellers in commercial mortgage-backed securitizations
- Represented national bank as purchaser in residential mortgage loan repurchase facilities
- Represented manufactured home finance company in securitization of manufactured housing and mortgage loans
- Represented hedge fund as lender in restructuring of motorcycle finance company debt
- Represented issuer in a consumer receivable master trust combined term and revolving credit facility securitization
- Represented international automotive company in acquisition of publicly-traded subprime auto finance company
- Represented publicly-traded auto finance company in acquisition by Capital One
- Represented monoline insurance company in Texas CAPCO debt issuance
Publications
- SEC Replaces Credit Ratings with New Wide Market Following Test for Shelf Registration Statement Eligibility (September 1, 2011)
- Amendments to Chapter 9 of the Texas UCC (July 27, 2011)
- Texas Legislature Amends Statute on Choice of Law (July 5, 2011)
- Massachusetts Supreme Court Upholds Securitization Conveyance Practices Relating to Assignments of Mortgages (January 11, 2011)
- "District Court Recognizes Texas Legislation in Overturning Clark Contracting Decision," LJN's Equipment Leasing Newsletter (July 2010)
- Impact of the Obama Administration’s Financial Regulatory Overhaul on the Securitization Markets (September 8, 2009)
- "Texas Legislature Passes Certificate of Title Bill Negating Effect of Clark Contracting Decision," LJN's Equipment Leasing Newsletter (September 2009)
- Round 2 of General Growth Properties Bankruptcy: Motions to Dismiss SPE Bankruptcies Denied, No Bad Faith, Corporate Group Considered (August 27, 2009)
- "Clark Contracting: Texas Lien Assignees Unperfected?" Pratt's Journal of Bankruptcy Law (May 2009)
- "Lone Star State Wrestles with Car Loan Fate," American Securitization Forum (Spring 2009)
In The News
- Mike was quoted in "Woodmen of The World Accuses US Bancorp of Playing Favorites With Investors in $47 Million RMBS Lawsuit," which appeared in the March 25, 2011 issue of Inside MBS & ABS
- Mike was quoted in "Experts: Massachusetts Supreme Court Decision To Void Foreclosures Has Significant Upsides," which appeared in the January 14, 2011 issue of Inside MBS & ABS
