Profile: Dale Lum

Capital Markets

Biography: Capital Markets

Dale W Lum has an international practice focused on corporate and structured finance, with particular emphasis on securitisations and the use of structured financings in mergers and acquisitions, and hedge fund and private equity transactions. Mr Lum has been at the forefront of securitisations and structured financings in the US and Asia. He joined the firm in 1983 and was elected partner in 1991.

Mr Lum is a leading lawyer in the development of motor vehicle lease securitisations and has worked on a number of groundbreaking transactions, including the first automobile lease-secured note issuance, the first mortgage-backed medium-term note programme, the first automobile lease securitisation involving a motor vehicle titling trust, the first US debt offering by a Japanese motor vehicle finance subsidiary and the first stranded utility cost securitisation. Mr Lum has been a pioneer in applying structured finance technology in mergers and acquisitions and hedge fund and private equity transactions. Investment Dealers' Digest named one of his structured finance mergers and acquisitions transactions as its "2006 Deal of the Year" and Institutional Investor named one of his structured finance transactions as one of its "1994 Deals of the Year".

Mr Lum represents issuers, underwriters, acquirers and target companies. He has been involved in a broad range of financial transactions, including asset-backed financings of all types, structured financings in the acquisition context, synthetic and derivative securitisations, intellectual property financings, stranded utility cost financings, residential mortgage-backed financings, offerings of debt and equity securities, corporate spin-offs, rights offerings, commercial paper and medium-term note programmes, and bank credit agreements and bridge loans. He is counsel for a number of large United States and Japanese corporate issuers and has represented every major United States investment banking firm in at least some aspect of its securitisation or structured finance business.

Mr Lum writes and lectures regularly on general corporate and structured finance topics in the US, Japan, Hong Kong and China.