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A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
 
Laura Palma
Partner
 
425 Lexington Avenue
New York, NY 10017 
 
Email:
Phone: +1-212-455-7143
Fax: +1-212-455-2502
Praised by Chambers as “phenomenally sharp,” “a fierce client advocate,” and “one of the best securitization lawyers around,” Laura Palma concentrates her corporate practice on the securitization of a wide range of asset classes, with a particular focus on “esoteric” securitizations. She has advised on securitization transactions financing, among other things, rental car and rental truck fleets, retail auto loans and leases, large and small equipment loans and leases, intellectual property licenses, franchise royalties, wireless communication sites, aircraft portfolios, dealer floorplan receivables, trade receivables, credit card receivables and time-share mortgage loans. She regularly represents issuers, borrowers, structuring advisors, underwriters, initial purchasers and lenders in the bank and capital markets.

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Work Highlights
  • Arrangers and other lenders in over $36 billion of financings backed by auto loans, auto leases and dealer floorplan receivables originated by Chrysler Financial for Cerberus Capital Management’s acquisition of Chrysler, at the time the largest asset-backed acquisition financing
  • Barclays Capital in a $600 million “whole business” securitization note offering by special purpose subsidiaries of Iconix Brand Group
  • Originators in $3 billion of financings backed by equipment loans and leases and revolving credit receivables for the acquisition of Dell by Silver Lake Partners and Michael Dell
  • Initial purchasers in five separate offerings of secured tower revenue securities issued by SBA Tower Trust and representing interests in a mortgage loan made to indirect subsidiaries of SBA Communications owning wireless communication sites
  • Lenders in $15 billion of asset-backed credit facilities for Ally Financial and its subsidiary Ally Bank backed by auto loans, auto leases and dealer floorplan receivables
  • Volvo Car Financial Services, U.S. captive auto finance subsidiary of Volvo Car Corporation, in the structuring of an automobile financing program with Bank of America
Education
  • Columbia Law School, 1983 J.D.
    Harlan Fiske Stone Scholar
  • Dartmouth College, 1980 B.A.
    magna cum laude; Phi Beta Kappa
Associations
  • Association of the Bar City of New York
Admissions
  • New York 1985

Laura Palma is a Partner in the Firm’s Corporate Department. Laura concentrates on securitization transactions, with a particular focus on “esoteric” securitizations. Key matters on which Laura has worked include:

  • Representation of the arrangers and other lenders in over $36 billion of financings backed by auto loans, auto leases and dealer floorplan receivables originated by Chrysler Financial for Cerberus Capital Management’s acquisition of Chrysler, at the time the largest asset-backed acquisition financing
  • Representation of Barclays Capital in a $600 million “whole business” securitization note offering by special purpose subsidiaries of Iconix Brand Group
  • Representation of the originators in $3 billion of financings backed by equipment loans and leases and revolving credit receivables for the acquisition of Dell by Silver Lake Partners and Michael Dell
  • Representation of the initial purchasers in five separate offerings of secured tower revenue securities issued by SBA Tower Trust and representing interests in a mortgage loan made to indirect subsidiaries of SBA Communications owning wireless communication sites
  • Representation of the lenders in $15 billion of asset-backed credit facilities for Ally Financial Inc. and its subsidiary Ally Bank backed by auto loans, auto leases and dealer floorplan receivables
  • Representation of Volvo Car Financial Services, U.S. captive auto finance subsidiary of Volvo Car Corporation, in the structuring of an automobile financing program with Bank of America
  • Representation of the initial purchasers and lenders in financings by Avis Budget Rental Car Funding (AESOP) LLC, a subsidiary of Avis Budget Group that finances the rental car fleets of Avis Rent A Car and Budget Rent A Car and portions of the fleets of Zipcar and Payless Car Rental
  • Representation of Hilton Resorts Corporation and its special purpose subsidiaries in a warehouse financing and a 144A/Reg S offering of notes backed by timeshare mortgage loans originated by Hilton Resorts

Laura has been recognized as a leading lawyer in Band 1 by Chambers USA and Chambers Global for a number of years. Clients describe her as “phenomenally sharp,” “a fierce client advocate” and “one of the best securitization lawyers around.” She is a member of the Association of the Bar of the City of New York.

Laura received her B.A., magna cum laude, in 1980 from Dartmouth College, where she was elected to Phi Beta Kappa. She received her J.D. in 1983 from Columbia University Law School, where she was a Harlan Fiske Stone Scholar. Laura joined Simpson Thacher after graduation and was elected Partner in 1995.

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