John Donovan has an active securities and commercial finance practice. John's clients benefit from his extensive experience structuring and executing complex asset-backed securities transactions. John also advises issuers and underwriters with respect to investment company status issues arising under the Investment Company Act of 1940.
He advises issuers, underwriters, lenders and transaction sponsors in connection with securitizations involving a wide range of asset classes, including rental car and rental truck fleets, corporate vehicle fleet leases, leveraged loans, whole businesses, oil sales proceeds, diversified payment rights, intellectual property license and royalty payments and trade receivables.
John also represents underwriters, initial purchasers, placement agents and investment managers in collateralized loan obligation (CLO) transactions. Mr.Donovan regularly represents domestic and international corporate and financial institutions in cross-border Rule 144A debt and equity security issuances, credit facilities and commercial paper programs.
John joined White & Case directly after graduating from law school in 1982 and has spent his entire career in the firm’s New York office.
Avis Budget Group
Represented Avis Budget Group in connection with $7.5 billion of outstanding securitization financings of the rental car fleets of Avis Rent A Car, Budget Rent A Car, Payless Rental and Zipcar.
Element Vehicle Management Services
Represented Element Vehicle Management Services in connection with its Chesapeake Funding financing program involving the securitization of over $6.0 billion of corporate vehicle fleet leases.
Represented Hess Oil in connection with a $1 billion securitization of oil sale payments.
Represented JPMorgan, Greensledge Capital Markets, Morgan Stanley, Deutsche Bank and Kingsland Capital Management in connection with numerous CLO transactions.
Leading Lawyer, Chambers USA 2016
Capital Markets: Securitization
Recommended Lawyer, The Legal 500 US 2016