Rebecca Fruchtman serves clients with respect to global trade finance, including supply chain finance, open accounts, letters of credit, structured letters of credit, risk-distributed trade transactions, and asset-based financing transactions—both domestic and cross-border.

Supply chain finance: Rebecca has spearheaded the global rollout of a number of trade payables financing programs, including legal due diligence in a number of jurisdictions around the globe and has structured, documented, and executed a wide range of seller-centric receivables and drafts/bills of exchange sale programs. Rebecca works regularly with financial institutions and hedge fund clients participating in payables and seller-centric receivables programs facilitated through Fintech platforms.

Rebecca previously served as general counsel to Bank of America’s Business Capital line of business (US Central Region) on asset-based lending matters and as counsel to Bank of America’s Global Transaction Services Global Trade and Supply Chain Line of Business. Rebecca worked with the business on structuring, documenting, negotiating, and providing risk-mitigation strategies for supply chain finance transactions. Rebecca also advised the business on the banking regulatory aspects of supply chain finance.

Letters of Credit: Rebecca has a deep bench of experience in letters of credit law and practice, both in respect of standby and commercial letters of credit.

Distressed situations: Rebecca’s experience includes some of the largest bankruptcy cases filed in the United States spanning the airline, power/utility, alternative energy, automotive, chemical, steel, technology and distressed real estate sectors.

Spoken Languages

  • Spanish


Georgetown University, BS

Georgetown University Law Center, JD

The University of Chicago Booth School of Business, MBA


  • California
  • District of Columbia
  • Illinois


  • Supply Chain Finance Committee Co-Chair of the global trade association BAFT.
  • Speak bi-annually on letter of credit topics at the annual International Banking Law & Practice conferences.
  • Routinely participate in BAFT working group discussion on trade finance digitization, supply chain finance accounting issues, and new regulatory capital requirements as they impact trade finance.
  • Spoke at BAFT conferences and participated in BAFT working groups, including efforts to amend the Federal E-Sign Act to enable electronic drafts and bills of exchange.
  • Co-authored Mayer Brown client alert on the UN Convention for the Assignment of Receivables in International Trade.
  • Moderated a panel on the Convention as part of Mayer Brown Global Receivables and Supply Chain Finance webinar series.
  • Served on the Board of Directors of the Chicago chapter of the Turnaround Management Association (TMA).
  • Served as membership relations director of the American Bankruptcy Institute Committee on Commercial Fraud.
  • Served as associate editor of the American Bankruptcy Journal.
  • Pro bono work advising the United Nations (UNCITRAL) in its efforts to analyze and remove barriers to financing faced by small and mid-sized enterprises in emerging markets.
  • AV Peer Review-rated by Martindale-Hubbell.
  • TMA Chicago Pro Bono Engagement of the Year award.