Structured Finance and Securitization

Independent commentators have ranked Atsumi & Sakai as an innovative law firm for securitization in Japan, advising on both traditional asset-backed securities and cutting-edge securitizations in fields such as covered bonds and IP rights. Our firm has a proven track record in international deals, acting as arranger’s counsel on many innovative and award-winning transactions, including one of the first whole-business securitizations in Japan, which was awarded "Securitization Deal of the Year" by Asian Legal Business Deals of the Year Awards.

 

Our team advises originators, arrangers, trustees and institutional investors on issues including:

• Structuring
• Regulatory issues
• Formation of SPCs
• Documentation

We have advised on securitizations of:

• Monetary receivables (e.g., accounts, lease, credit, and loan receivables)
• Electronically-recorded monetary claims
• Real estate (e.g., large-scale office/rental apartment buildings)
• Whole-business
• Rights to perpetual care provided by a cemetery
• Intellectual property rights
• Covered bonds
• Self-declared trusts
• CAT bonds

When advising foreign clients, our firm can field a team of expert Japanese lawyers and foreign lawyers who have relevant experience and bi-cultural sensitivity. Our team can do business and draft documents in Japanese, English, German, Mandarin, Hindi, Korean, and Marathi, and provides services around the clock through our global affiliated offices.

 

 

Related Publications

• "Asset Based Lending: Legal Issues and Future Directions," SFJ JOURNAL, Securitization Forum of Japan (August, 2016) [Co-author]
• "Structured Covered Bonds in Japan and Europe", Business Homu, CHUOKEIZAI-SHA, INC. (September, 2011) [Co-author]
• "2011 Amendment of the Act on Securitization of Assets," Gekkan Kinyu Journal, the Japan Financial News Co.,Ltd. (July 2011)
• Theory and Practice of TMKs—Asset Liquidation Using TMKs, Kinzai Institute for Financial Affairs (2009) [Co-author]
• "Securitisation 2008/09 Country Q&A Japan" PLC Cross-border Handbooks: Finance Volume 2, (Practical Law Company, 2008) [Co-author]
• "Maximize Corporate and Asset Credibility with Covered Bonds," Business Homu Vol.8 Oct., Chuokeizai-sha (2008)

 

Related Newsletters

• "Japanese New Risk Retention Rules for Securitizations" (March 2019)

 

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