Louis Shansky is a Banking & Finance partner in Mayer Brown's New York office. His practice includes representation of domestic and international banks, issuers, borrowers, lenders, underwriters, structuring agents and other parties in a variety of matters. Louis has represented clients in connection with various structured finance transactions, including secured loans, commercial paper conduit transactions, purchases and sales of financial assets and public and private securitizations. Louis has also represented lenders and structuring agents in connection with several debtor-in-possession financings.
Louis has experience with several different classes of asset-backed financings, ranging from auto loans and leases, dealer floorplan receivables, credit card receivables, marketplace loans and trade finance receivables, as well as more esoteric asset classes such as receivables related to charter school funding and traffic tickets.
Louis has guided clients through the implementation of recent regulatory reforms, including amendments to Regulation AB, asset-level filing requirements, new rules relating to due diligences services in ABS transactions, and federal interagency risk retention rules. Louis also advised clients in connection with the Term Asset-Backed Securities Loan Facility (TALF), representing several TALF Agents in negotiating customer agreements with various TALF borrowers and representing issuers in connection with some of the first TALF-eligible transactions.