Morgan Lewis’s market-leading structured transactions practice is further expanding its capabilities with the arrival of veteran lawyer David Sylofski as a partner in New York. David arrives from Sidley Austin LLP where he co-led its residential mortgage-backed securities (RMBS) team.
David advises clients on a broad range of structured finance transactions and securitizations with an emphasis on the representation of issuers, sponsors, sellers, servicers, and underwriters in RMBS transactions and structured vehicles. He also advises investment funds, insurance companies, and other financial institutions in whole loan sales and acquisitions and in forming residential mortgage acquisition platforms. Additionally, David counsels clients on compliance related to proposed and newly passed legislative and regulatory changes affecting asset-backed securitization.
“As one of our diverse structured finance practices, our Chambers Band 1 RMBS practice is seeing increased demand as interest rates stabilize and the mortgage industry accelerates,” said Firm Chair Jami McKeon. “With David’s experience advising Wall Street banks, investment funds, and other financial institutions, he adds immediate depth to our New York team as we continue to expand our resources and elevate our first-in-class client service across the world’s leading financial centers.”
“Our clients have been key players in the structured markets since their inception, and they look to our Morgan Lewis team for industry knowledge and innovative solutions,” said Reed Auerbach, global leader of the firm’s structured transactions practice. “New York is one of the most important markets for RMBS transactions, and David’s talent and leadership will be valuable assets to our clients, to our global platform, and to our team—many of whom have worked with him throughout the years.”
David’s arrival follows a number of key additions the firm has made in this space, including Merryn Craske and Richard Hanson in London and Steven Becker and Alex Velinsky in New York and Washington, DC, respectively.