Susan Shallenberger is a partner in the firm's Public Finance Department. Since joining Chapman and Cutler LLP in 1986, her practice has been concentrated in the area of municipal reinvestment products, mortgage and other structured financings (both taxable and tax-exempt) and tax-exempt derivative products. Ms. Shallenberger’s experience in the structured finance area involves work on behalf of issuers, underwriters, trustees and servicers. Ms. Shallenberger has also been instrumental in the structuring of numerous innovative products for municipal reinvestment providers, investment banking firms and municipal issuers. Ms. Shallenberger acts as bond counsel for several local housing finance agencies in the State of Texas. In addition, she serves as underwriter’s counsel in public and private offerings of securities. Ms. Shallenberger has experience in organizing most forms of business entities, including 501(c)(3) corporations, and drafting bylaws and operating agreements for LLCs and partnerships. Additionally, during her tenure at Chapman and Cutler Ms. Shallenberger has worked on blue sky matters, partnership offerings and commercial paper financings. Selected recent transactions include: Representation as bond counsel in a securitization of pools of multifamily bonds from multiple issuers utilizing an aggregated cash flow method as the basis for the credit rating. Representation of the issuer in connection with a $230,000,000 publicly registered equipment lease securitization Representation of the investment bank in the development of a forward delivery tax-exempt bond structure Representation of the sponsor of a $5,000,000,000 structured guaranteed investment contract provider Representation of the trustee in connection with various public, private and Rule 144A securitization transactions. |