Elizabeth Taraila
Senior Counsel
New York
Elizabeth Taraila
Senior Counsel
New York
Contact details
With over 25 years’ experience in the area of corporate finance, Liz has worked with a variety of financial products, from corporate bond issuances to CLO securitizations, from conception and origination through amendments, distress, default and litigation. Her primary focus from 2008 is the representation of corporate trustees and all related agency roles.
Liz gained valuable experience as a lawyer at top-level law firm practices in New York and London, together with in house experience supporting one of the top corporate trustees. She has participated in nearly every facet of global finance in connection with capital markets debt transactions, representing issuers and corporate trustees in the US and Europe, underwriters in the US, and collateral managers in Europe.
In addition to her legal practice, Liz also worked in a business role supporting defaulted and stressed transactions for one of the top US corporate trustees. Her experience as external and internal counsel and as a business client provided an opportunity to view the provision of legal services from every angle and to gain an understanding of the client servicing needs and relationship development issues while developing an effective skill set to address those needs and issues. Her unique combination of international law firm, in house legal and business experience leaves Liz well positioned to advise clients as they execute their business plan and response to market needs and demands.
Qualifications
Professional
Academic
J.D., Fordham University School of Law, 1996
B.A., University of Pennsylvania, 1992
Related articles
Publications: 09 August 2023
Global notes explained: Individual noteholders lack standing to wind-up issuers
The recent decision of In the Matter of Leading Holdings Group Limited handed down in July 2023 is the first occasion where the Hong Kong Court held that an individual noteholder (holding an interest…
Experience highlights
Advising a global financial institution, as trustee/creditor, on the Luckin Coffee Inc. Cayman Islands joint provisional liquidation and related Chapter 15 recognition proceedings.
Advising a global financial institution, as trustee/creditor, on The Hertz Corporation United States Chapter 11 Bankruptcy.
Advising a global financial institution, as trustee/creditor, on the Agrokor d.d. Croatian extraordinary administration procedure and related Chapter 15 recognition proceedings.
Lead default account manager for a bank, as trustee, on JPMorgan Chase & Co.’s and Citigroup’s RMBS billion dollar global settlements related to various RMBS put-back claims.
Qualifications
Professional
Academic
J.D., Fordham University School of Law, 1996
B.A., University of Pennsylvania, 1992
Other noteworthy experience
Advising:
- Advising BNY Mellon, as trustee/creditor, on the Europcar Mobility Group S.A. French safeguard proceedings and related Chapter recognition15 proceedings (prior firm experience).
- Lead in-house counsel advising BNY Mellon, as trustee/creditor, on the Wind Hellas EUR1.8bn Restructuring in the United Kingdom (prior work experience).
- Lead in-house counsel advising BNY Mellon, as trustee/creditor, on the Belvedere SA French safeguard proceedings (prior work experience).
- Lead in-house counsel advising BNY Mellon, as trustee/creditor, on the $5 billion Lehman Brothers’ Dante repackaging programme in Lehman Brothers’ United States Chapter 11 Bankruptcy (prior work experience).
- Advising Sallie Mae on the private placement of USD3bn student loan-backed auction rate notes and reset rate notes (including EUR750m and GBP500m reset rate note tranches) issued by SLM Student Loan Trust 2003-10 (prior firm experience).
