Andrew M. Faulkner - Skadden, Arps, Slate, Meagher & Flom LLP

Andrew M. Faulkner

Listed in Best Lawyers since 2006
Phone: 212-735-2853

Andrew M. Faulkner has represented participants in asset-backed securities transactions since 1985.

Mr. Faulkner has acted as counsel in public offerings and private transactions involving the issuance of securities backed by credit cards, auto loans, boat loans, home equity loans, mortgage loans, commercial real estate loans and trade receivables. He has represented commercial paper issuers and arrangers as well as sellers of assets to asset-backed commercial paper programs. In addition, he has advised issuers of commodity index linked structured products, including exchange traded funds.

Mr. Faulkner has a broad credit card securitization practice. He helped establish credit card master trusts for many major issuers and has represented issuers and the underwriters of securities backed by VISA and MasterCard receivables and retailer private label credit card receivables. Mr. Faulkner has worked on structural innovations for the public issuance of subordinated classes of credit card receivables-backed securities. He also has represented buyers and seller of portfolios of credit card accounts. Mr. Faulkner has acted as counsel to the issuers or to the underwriters in securitized transactions by Chase, 1st Financial Bank USA, Target Corporation, Bluestem Brands and many other issuers.

Recent transactions have included restructurings of securitization programs, sales of consumer loan portfolios and advice to purchasers of interests in distressed asset-backed securities transactions. Mr. Faulkner has advised clients on regulatory developments, including the implementation of the Dodd-Frank Act.

Mr. Faulkner is a former member of the board of directors of the American Securitization Forum. He represented the American Securitization Forum in efforts to modify and preserve the FDIC’s legal isolation safe harbor for securitization transactions. He also represented SIFMA in connection with the preparation of comment letters on rules proposed to implement the conflicts of interest limitations for securitization participants under the Dodd-Frank Act.

Mr. Faulkner repeatedly has been selected for inclusion in Chambers Global: The World’s Leading Lawyers for Business, Chambers USA: America’s Leading Lawyers for Business and The Best Lawyers in America.

Cornell UniversityBA Columbia University School of LawJ.D.

Client Comments

"Andy Faulkner is an outstanding attorney who always is available for his clients. We are a relatively smaller client and he treats us like royalty, as if we were his largest client. He always gets us the resources we need."

-Gregg Silver
1st Financial Funding & Investment Corporation

Office Location

Four Times Square
New York, NY 10036
United States

Lawyer of the Year Awards

2016 Lawyer of the Year in Securitization and Structured Finance Law of the New York City Metro Area
Andrew M. Faulkner has earned a Lawyer of the Year award for 2016!

Practice Areas

Securitization and Structured Finance Law