Ronald S. Borod
Partner, DLA Piper
B.A., Princeton University
J.D., Harvard Law School
LL.M., New York University School of Law
Ronald S. Borod is a partner in DLA Piper’s Corporate and Finance group. He has worked extensively in securitization and structured finance for almost two decades and established a reputation as a thought leader in the creation of innovative structures and financial products.
Mr. Borod focuses his practice on the development and implementation of new structures for securitization programs and helping clients capture new value from distressed assets in the capital markets. Previously, he was with Brown Rudnick, where he chaired that firm’s Structured Finance Group. He also was founder and co-chair of the Structured Resolution Group and Climate and Energy Group.
Mr. Borod has authored a Tax Management Portfolio for the Bureau of National Affairs and was editor and co-author of a treatise on structured finance, Securitization: Asset-Backed and Mortgage-Backed Securities. He co-teaches Securitization.
Securitization: LAW BK 987
Securitization and structured finance together constitute one of the most dynamic segments of the financial markets. Securitization involves the creation and issuance of securities backed by one or more assets which generate cash flows sufficient to fund the securities. Structured finance includes securitization as well as transactions in which securities are not issued, but which involve the often complex structuring of cash flows to achieve a desired tax, accounting or financial objective. These transactions often cut across many areas of legal specialization, including bank and thrift regulation, securities regulation, taxation, bankruptcy and insolvency, fiduciary law, real estate law and environmental law. This course examines a series of actual transactions to explore the sometimes contradictory ways that these various legal constructs impinge upon the structuring transactions. Examples include single-family mortgage pools, trade receivable securitizations and commercial mortgage securitizations. This course also explores some of the more cutting-edge securitizations of exotic asset classes such as legal fees, intellectual property and renewable energy assets.SPRG 2018: LAW BK 987 A1 , Jan 18th to Apr 26th 2018