Vedder Thinking | News Marc Klyman Joins Vedder Price in Chicago
The law firm of Vedder Price announces that Marc L. Klyman joins the firm’s Chicago office as a Shareholder in its Capital Markets Group. Prior to joining Vedder Price, Mr. Klyman was a senior compliance counsel at Harland Financial Solutions, Inc., the general counsel of United Financial of Illinois, Inc. and a partner in the Finance Group at Mayer Brown LLP.
“Marc represents an important strategic affiliation for Vedder Price,” noted firm CEO and President Michael A. Nemeroff. “Our firm provides a wide range of legal services to financial institutions every day. He will be a tremendous asset to our clients in securitization matters, having worked on a broad range of securitization transactions in the public and private markets in asset classes ranging from automobile leases to trade receivables.”
Mr. Klyman is experienced in a wide range of securitization transactions, including securitizations involving public offerings of securities and private placements of securities. He is adept at assisting clients in all aspects of securitizations, including the structuring, negotiation and documentation of these complex financial transactions, including commercial paper conduit structures. Mr. Klyman has worked on the securitization of many types of assets, including aircraft leases, auto leases, auto loans, boat loans, credit card receivables, dealer floorplan receivables, equipment leases, healthcare receivables, mortgage loans, recreational vehicle loans, senior settlements (life insurance policies), structured settlements (litigation settlements), student loans and trade receivables. He has represented clients in connection with various distressed transactions, including workouts or restructurings of transactions involving an advertising agency, an automobile finance company, a construction company, a department store chain, a factoring firm, a healthcare finance company and a mining company.
Mr. Klyman received his undergraduate degree from the University of Michigan (B.A., with highest distinction, 1985) and his law degree from Harvard Law School (J.D., cum laude, 1988). He has participated as a moderator or panelist at various conferences regarding the securitization of financial assets.