Adjunct Professor of Law
Partner SNR Denton
Professor Klingenberg is a partner at SNR Denton. He is a member of
SNR Denton's Capital Markets practice specializing in structured
finance, including all aspects of commercial and residential
mortgage-backed securities, asset-backed securities, commercial
paper conduits, master trusts and other structured products.
Professor Klingenberg represented several U.S. government agencies
in their efforts to restore the financial markets during the
financial crisis, including the U.S. Treasury in connection with
the Term Asset-Backed Securities Loan Facility (TALF), the U.S.
Department of Education in connection with the FFELP Student Loan
Commercial Paper Conduit, the FDIC in connection with the sale of
Indy Mac, and the Federal Reserve Bank of New York in connection
with the Maiden Lane trust. Today, he is helping guide both the
government and industry participants towards a restoration of the
private securitization markets with appropriate regulatory and
market changes.
Professor Klingenberg represents issuers, underwriters and other
capital market participants in a broad range of domestic, offshore
and cross-border transactions. His practice focuses on complex,
innovative structures, including re-REMICS, commercial paper
conduits, master trusts and other revolving pool transactions, with
assets ranging from residential and commercial mortgage loans, B
notes and mezzanine loans to student loans, servicing advances and
other asset-backed securities. Professor Klingenberg also has
extensive experience representing lenders and borrowers in
structured warehouse transactions and other asset-based
financings.
Professor Klingenberg teaches Securitization, Structured
Finance and Capital Markets.