Mr. Nolan’s practice emphasizes derivatives, structured products and securitization. He has represented fixed income and alternative investment managers, financial institutions and servicers in a range of transaction types. He advises financial institutions, investment managers, hedge funds and other end-users with respect to a broad range of derivatives, including equity derivatives, credit derivatives and energy derivatives as well as synthetic structured products. Transaction types with which he is familiar include synthetic, cash-flow and market value CDO, large loan CLOs, REMICs, asset-backed commercial paper conduits and structured investment vehicles. Mr. Nolan has represented issuers and investors in the securitization of a wide range of assets, including commercial and residential mortgages, intellectual property, project finance loans, aircraft and equipment leases and many types of consumer assets. This structured finance experience also carries over to the negotiation of credit default swaps referencing mortgage-backed securities, asset-backed securities and CDO tranches. Mr. Nolan has represented sponsors and investors in connection with TALF-eligible securitizations.
Recent transactions include the representation of investors in the workout of CDO and SIV transactions, the representation of investment managers and hedge funds in connection with initiatives to address counterparty risk in their derivatives arrangements, the representation of a regional bank as sponsor or servicer in several securitization transactions and the representation of the arrangers in several emerging markets credit derivatives issuances. His experience also includes the representation of several aircraft leasing companies in connection with portfolio securitizations and joint ventures, representation of financial institutions in connection with Latin American structured finance transactions and the representation of collateral managers in CDO and CLO transactions, including fully-distributed and single-tranche synthetic transactions. Mr. Nolan also has significant experience advising depository institutions in connection with the regulatory aspects of their derivatives and securitization activities.
Prior to joining K&L Gates, Mr. Nolan was a partner in the New York office of a national law firm where he practiced in the securitization and derivatives areas.