Patrick C. Sargent

Partner

Pat's practice focuses on structured finance, corporate securities and business transactions, including extensive experience in securitization of diverse asset types, collateralized mortgage obligations, pass-through certificates, bond financings and various project and international finance transactions. He has represented a national credit rating agency in commercial mortgage and asset-backed securitizations, and also represents issuers, underwriters, investors and servicers in public and private structured finance transactions and other debt and equity transactions.

In addition, Pat's finance practice includes merger and acquisition transactions as well as general corporate, partnership and joint venture representation.

Representative Experience

Publications

• "2010: The Start of a Bumpy Recovery for CMBS," (pdf) PREA Quarterly (Winter 2010)
• General Growth Properties Bankruptcy: SPE Structure Survives, but Consideration of Corporate Group Permitted, Real Estate Finance (October 2009)
• Impact of the Obama Administration’s Financial Regulatory Overhaul on the Securitization Markets (September 8, 2009)
• Round 2 of General Growth Properties Bankruptcy: Motions to Dismiss SPE Bankruptcies Denied, No Bad Faith, Corporate Group Considered (August 27, 2009)
• Round 1 of General Growth Properties Bankruptcy: SPE Structure Survives (June 24, 2009)
• Ups and Downs for Legacy CMBS: TALF Expands, but S&P Signals Downgrades (May 29, 2009)
• Treasury Expands Opportunities for Fund Managers in the Legacy Securities Program (April 13, 2009)
• Treasury Announces Public-Private Investment Program (March 30, 2009)
• Third Circuit Reverses Owens Corning: Substantive Consolidation as a Shield, Not a Sword Real Estate Finance, Volume 22, No. 4 (December 2005)
• Structural and Legal Issues in Commercial Mortgage Securitization Transactions Corporate Counsel Review (November 1, 2004)
• Adapting Tenancy-in-Common Structures to SPE Requirements (January 31, 2000)
• In Re Kingston Square Associates: Questioning Independent Director Provisions (November 30, 1997)
• Commercial Mortgage Securitization International Asset Securitisation, Lloyds of London Press (1995)
• The Rating of Commercial Mortgage-Backed Securities Duff & Phelps Credit Rating Co. (1994)
• Bankruptcy Remote Finance Subsidiaries: The Substantive Consolidation Issue 44 Business Lawyer 1223 (1989)

In The News

• Please click here to view "Q&A with Patrick C. Sargent - President, Commercial Mortgage Securities Association," Scotsman Guide (November 2009)
• Please click here to see Pat's interview on CNBC's "Squawk Box"
• Pat was quoted in The New York Times article titled "For Commercial Real Estate, Hard Times Have Just Begun" (September 1, 2009)

Events

• Trigild Lender Conference (October 22, 2009)
• State of the Industry Webcast: Commercial Mortgage Securities Association (July 21, 2009)
• Mid-Year Real Estate Investment Roundtable (June 17, 2009)
• Dealing with Businesses in Distress: Minimizing Risks and Maximizing Opportunities (June 2, 2009)

• Presenter, "Government, TARP and TALF," Incisive Media's RealShare Distressed Assets Conference (September 15, 2009)
• Mortgage Bankers Association Capital Markets Conferences (2006, 2008)
• Commercial Securitization for Real Esate Lawyers: ALI-ABA (2006, 2008)
• Structural and Legal Considerations in Commercial Mortgage Securitizations, Duff & Phelps Credit Rating Co. National and Regional Conferences on Structured Finance
• Securitización de Activos: La Experencia Práctica de Estados Unidos y América Latina, Securitización Avances y Perspectivas, Universidad Católica de Chile, Santiago, Chile

Professional Recognition

• The Best Lawyers in America, Structured Finance Law (2006-2010)
• Texas Super Lawyer, Texas Monthly (2004, 2005, 2009)

• Austin
• Beijing
• Dallas
• Houston
• London
• New York
• The Woodlands
• Washington, DC