Richard "Rich" Wasserman practices in the area of corporate finance, including governmental financing, asset-backed structured financing, tax-exempt financing, energy company financing, private-placement financing and commercial lending and borrowing. Rich has represented both issuers and investors in a wide variety of structured finance transactions and asset securitizations, often involving emerging asset classes.
Rich is chair of Day Pitney's Institutional Finance and Commercial Lending practice group and a member of its Municipal Finance practice group. He is also chair of the firm's Diversity & Inclusion Committee.
Representation of institutional investors in numerous private-placement financings, including secured and unsecured senior debt, secured and unsecured subordinated debt, mezzanine debt, warrants, and other equity features
Representation of borrowers, lenders and other parties in transactions involving a continually evolving array of credit products and services, including bank credit facilities and both public and private placement tax-exempt financings
Representation of institutional investors in numerous structured financings involving securitizations of mortgage loans, franchisee loans, trade receivables, automobile loans, home equity loans, medical receivables, credit card receivables, and numerous other asset classes
Representation of energy companies in numerous tax-exempt financings of qualified facilities, often involving credit enhancement and other innovative structures
Representation of electric utilities in five separate securitized rate-reduction bond transactions totaling over $2.25 billion, including all phases of structuring, documentation, and obtaining state and federal regulatory approvals
Representation of state public utilities commission in regulatory proceedings for stranded cost-recovery bonds
Representation of the Ad Hoc Securitization Holders' Committee in the Conseco Chapter 11 proceeding
Representation of underwriters in environmental control bond transactions totaling $545 million
Representation of the State of Connecticut as bond counsel, disclosure counsel, and lead counsel in numerous bond issuances
Connecticut Lawyers Collaborative for Diversity, director
Read to a Child, reading volunteer and member of Connecticut Regional Board of Advisors