Vedder Price

Railcar Vedder Service

The Vedder Price Railcar Finance practice group has comprehensive knowledge of, and experience in, domestic and international leasing and debt financing of rolling stock and locomotives. As part of Vedder Price’s Global Transportation Finance team, we are well versed in all facets of railcar finance and represent clients in every aspect of these transactions.

We represent clients in transactions as simple as railcar sales to complex securitizations of portfolios of railcars with values in excess of $1 billion. We have extensive experience representing borrowers, lenders and third-party servicers in railcar warehouse and term loan facilities involving bankruptcy-remote special-purpose borrowers, as well as issuers and third-party servicers in railcar securitization transactions. We represent lessees in single-investor lease financings and debt participants in leveraged lease and capital lease financings, often involving private placement debt. We have also counseled export credit agencies in debt and lease financings of railcars and locomotives, including transactions involving Class I railroads and cross-border transactions into multiple jurisdictions. We work with both servicers and investors on railcar servicing agreements and assist railcar lessors in documenting full-service, net and per diem leases.

Vedder Price has one of the most experienced bankruptcy groups in the equipment finance industry, and we have been involved in representing both railcar lessors and lenders in bankruptcy and foreclosure matters related to rolling stock. Our Insolvency, Bankruptcy & Corporate Reorganization group also provides counsel in structuring bankruptcy-remote facilities and issuing the related nonconsolidation and true sale opinions.

 

Attorneys



John T. Bycraft

Shareholder



Daniel M. Cunix

Associate



Michael E. Draz

Shareholder



Cameron A. Gee

Shareholder



Joshua D. Gentner

Shareholder



Bill Gibson

Partner



Robert J. Hankes

Shareholder



Georgia Harris

Solicitor



Sarah M. Hasan

Associate



Gavin Hill

Partner



Geoffrey R. Kass

Shareholder



Neil Poland

Partner



Dylan Potter

Partner



Michael L. Schein

Shareholder



Ronald Scheinberg

Shareholder



Raviv Surpin

Shareholder



Joel R. Thielen

Associate



Clay C. Thomas

Associate



Jeffrey T. Veber

Shareholder



Derek Watson

Partner



Brian D. Wendt

Associate



Thomas A. Zimmer

Shareholder