BLANK ROME LLP
Stephen T. Whelan is a partner in the New York office of the law firm of Blank Rome LLP, where he concentrates his practice on lease financings, securitization, energy finance and secured lending. Mr. Whelan is a graduate of Princeton University and Harvard Law School, a member of the American Law Institute, a Fellow of the American College of Investment Counsel, past Chair of the American Bar Association Subcommittee on Leasing, a former member of the ELFA Legal Committee, and a Visiting Lecturer on constitutional law at Princeton University.
Steve represents lenders, lessors, trustees, credit enhancers and arrangers in lease financings for business, energy, aircraft, railcar, vehicle, maritime, medical, and telecommunications equipment, as well as industrial projects and also is involved in private and government financing of industrial, housing and education projects. He also represents originators, investment banks, credit enhancers, trustees and investors in syndication and securitization of leases, auto loans, energy saving performance contracts, transportation assets, healthcare receivables, franchise receivables, trade receivables, export receivables and other financial assets. His work for many insurance and banking clients includes handling note purchase agreements, term loans, revolving credit facilities and letters of credit. He also represents lessors and secured creditors in workouts or bankruptcy reorganizations involving equipment leases and securitized portfolios.
Mr. Whelan is co-author of the ABA Annual Survey on Developments in the Law of Leases. He has authored four books on U.C.C. Article 2A and the “Securitization” chapters in the Matthew Bender & Co. treatises on Commercial Finance and Equipment Leasing. More recently, he has authored articles on the proposed Dodd-Frank risk retention, data disclosure and “ratings roulette” rules emanating from the 2010 Dodd-Frank legislation.