Andrew Silverstein is a partner in Seward & Kissel’s Global Bank and Institutional Finance & Restructuring Practice Group. Andrew joined the Firm in 1990 and became a partner in 1999.
Andrew has represented banks and other financial institutions in a wide variety of financing transactions including structured finance, project finance, asset securitization, secured and unsecured loan financing, senior and subordinate loan financing, institutional and municipal finance and private placement financings. He has extensive experience in representing corporate trustees, servicers, subservicers, collateral agents, escrow agents, issuing and paying agents, administrative agents as well as other service providers in connection with a vast range of financial transactions.
Andrew’s practice concentrates primarily in the areas of structured finance including a wide array of asset backed and mortgage backed securitization transactions. In his representation of international and domestic banks, financial institutions and market service providers, Andrew has developed, through his years of practice, vast expertise in numerous structures and asset classes including, domestic and cross-border securitizations of credit cards, stranded assets, royalty payments, medical, trade, aircraft and engine leasing and other equipment financing, student loan and automobile receivables, consumer and small business marketplace lending, residential and commercial mortgages, and specialty receivables such as 12b-1 mutual fund fees, lottery receivables, pharmaceutical royalty receivables and delinquent tax receivables. In addition, Andrew’s expertise extends to diversified payment rights structures, reinsurance trust and catastrophe bond structures, capital markets bond issuances, project and infrastructure finance transactions, as well as secured and unsecured senior and subordinate loan financing and second lien financing transactions. His representation of market participants, both domestically and internationally, extends to all types of investment vehicles, including structured investment vehicles, CDO/CLO vehicles and commercial paper conduits.
Additionally, Andrew has a great deal of experience in connection with the representation of trustees, administrative agents, collateral agents, lenders and other service providers in various bankruptcy, liquidation, rehabilitation, default and work out situations, both domestically and cross-border, including the representation of trustees and securities administrators in connection with the exercise of repurchase provisions and enforcement rights in mortgage-backed securitization transactions and related litigation. More specifically, Andrew has taken the lead on several major bankruptcy workouts and restructurings in the area of asset and mortgage backed securitizations, structured investment vehicles, CDOs, student loan securitizations, aircraft, shipping and other equipment financings, and project finance, as well as restructurings and bankruptcies in respect of operating companies. Andrew is also a member of the Firm’s Energy Finance Restructuring Team, a highly focused and specialized cross-disciplinary team dedicated to energy sector bankruptcies and restructurings.
Andrew is a member of the New York State Bar, the American Bar Association, a fellow of the American College of Investment Counsel, and a member of the Structured Finance Industry Group (SFIG), as well as an active participant in various SFIG committees and subgroups, including the SFIG Trustee Committee.
Andrew received a B.A. from SUNY Binghamton in 1987 and a J.D. from Brooklyn Law School in 1990.