According to Asset-Backed Alert's 2016 mid-year league tables, Katten is in second place among the most active issuer counsel for US asset-backed and mortgage-backed securitizations. In the first half of 2016, Katten served as issuer counsel in 25 deals totaling more than $20 billion. The firm has risen two spots since the 2015 year-end figures were released.
"We are pleased that our efforts to increase Katten's market share are bearing fruit," said Howard Schickler, co-head of the firm's Structured Finance and Securitization practice. "Our relative improvement in the league tables is even more impressive in that these rankings take into account only SEC-registered, Rule 144A and privately placed term securitizations. They exclude unrated deals, revolving financings and Fannie Mae guaranteed transactions, which together account for a large portion of our practice." ("Top Issuer Counsel for US ABS/MBS," July 15, 2016)