Emil Arca represents underwriters, placement agents, issuers, investors, lenders, borrowers, and insurers in debt capital markets, banking, and restructuring transactions in the United States and around the world, particularly in emerging markets. Originating in two dozen countries and involving diverse industries, many of the transactions were the first of their type involving a particular structure, asset type, or country.
Since 2001, eight transactions Emil has worked on have earned 19 awards. You may recognize a few of the honors: Financing Innovation of the Year and Structured Finance Deal of the Year (Latin Finance, 2014); Corporate Finance Deal of the Year (Latin Lawyer, 2014); a commendation in the Financial Times 2012 U.S. Innovative Lawyers awards; and Latin American Deal of the Year (Euromoney, 2010).
In emerging markets, Arca has worked with structured finance transactions backed by operating assets (airports, drill ships, mines, toll roads); future flow cross-border assets (airline tickets, credit card merchant vouchers, diversified payment rights, export receivables, oil royalties, telephone receivables); and existing financial assets (commercial real estate leases, construction loans, residential mortgage loans, telephone receivables, vehicle loans and leases), and more.
"They are by far the leading team and practice for structured non-vanilla bonds. The team, under partner Emil Arca, is increasingly senior, so the quality of the work is really world class. [T]he speed of execution is also great... Emil has been doing this for 30 years, and I haven't found an issue, structuring or otherwise, that he hasn't already encountered in various declamations. He's able to use all that experience to find an elegant solution to whatever the issue is. I have nothing but excellent things to say."
"Key members of the team include New York partner Emil Arca, who is praised by clients for his 'user friendly,' 'commercial,' and 'practical' approach."
Areas of Focus
Representation of the underwriters in the establishment of and first and second offerings from the Rio Oil Finance Trust.
Representation of Banco Industrial in its senior unsecured debt offering, the largest by a private sector issuer from Central America.
Representation of the underwriters in two securitizations of revenues of toll roads in Panama to enable the government to reacquire the concessions.
Representation of National Commercial Bank Jamaica in its merchant voucher receivables securitization program.
Securitization and Structured Finance Law
The Best Lawyers in America
Chambers Global, USA: Banking & Finance (2013-2016); Latin America-Wide: Banking & Finance (2011-2015), Capital Markets (2014-2016)
Securities & Corporate Finance
New York Super Lawyers
Selected for inclusion in prior editions of Euromoney's Legal Media Expert Guide, The World's Leading Structured Finance and Securitisation Lawyers, (Structured Finance and Securitisation); Law360, Project Finance Practice Group of the Year; The Legal 500
The Best of the Best USA (Structured Finance and Securitisation, 2013-2015) and Banking Finance & Transactional (Structured Finance and Securitisation
Euromoney's Legal Media Expert Guide
Capital Markets: Debt Offerings, 2014-2015); Latin America - Capital Markets, 2015
The Legal 500 United States