Mr. Mette concentrates his practice on structured finance. He represents sponsors, underwriters and investors in asset securitization transactions and borrowers and lenders in asset-based lending transactions. Over his many years of experience he has worked on structured financings involving a great many asset types, including auto loans and leases, credit card receivables, trade receivables, residential and commercial mortgage loans, aircraft and aircraft engines, other equipment leases, corporate bonds and loans, oil and petroleum products, drug royalty payments, insurance products, hedge fund assets, securities lending accounts and asset management fees. He is adept at spotting the issues associated with unusual asset classes.
In addition to complex structured finance transactional work, Mr. Mette’s practice involves specialized structured finance work related to other practice areas, including mergers and acquisitions, bankruptcy and litigation. He has been involved in many of the large bankruptcies of the last several years, including that of Lehman Brothers. In these cases he has been deeply involved in the analysis of the rights of counterparties with respect to CLOs, CMBS, RMBS and other structured financings, as well as loan participations, repurchase agreements and derivative transactions. He has extensive experience in restructuring, or negotiating settlements of claims with respect to, structured financings in the bankruptcy context.
Selected Publications & Presentations
- D. Mette and W. McNeill, “Accounting for Securitizations Under FAS 125: Why Lawyers are Writing About it”, The Banking Law Journal, Vol. 114 (1997)