Patricia Lynch Explains in 9fin How Lawyers Help Structure Whole-business Securitizations to Survive Downturns

Patricia Lynch, who leads the firm’s U.S. securitization practice, explained in a 9fin article how lawyers can help ensure that a whole-business securitization can continue functioning if the parent company that set up the securitization files for bankruptcy.

“If it's a franchise business, you need someone to negotiate new agreements with new franchisees,” said Patricia Lynch, an attorney with Ropes & Gray. “And so, on the legal side, we help the issuers and the bankers think about what mechanisms can be put in place to ensure that there is continuity of those services to defend against a potential bankruptcy at the level of the operating company.”