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Prominent Securitization Lawyer Dies

Bingham McCutchen partner Edward Gainor, 56, has passed away from a heart attack. 

Gainor had an expansive career in securitization that included his most recent involvement in each of the Federal Deposit Insurance Corp.'s offerings of structured notes and RMBS. He was also very focused on the many regulatory changes impacting structured finance, such as risk retention and other rules under the Dodd-Frank Act.

He also published various articles, was a frequent speaker at securitization conferences and was co-author of Offerings of Asset-Backed Securities. Gainor has also focused on representing purchasers and sellers, isuers and underwriters in asset sales, securitizations and the formation of structured vehicles to buy distressed mortgage assets. His specialties included securitization, federal securities laws, distressed mortgage debt, asset purchases and sales, servicing rights transfers.

“Ed was a rare talent, as he was both a tremendous transactional lawyer as well as a true leader in our field,” said Bingham partner and global head of the structured transaction group Reed Auerbach, who is also a longtime colleague and friend of Gainor. “Ed was a true titan in our industry and was a great partner in every sense of the word.”

Prior to Bingham, Gainor was a partner at both McKee Nelson and Brown & Wood.  

Gainor was recognized as a leading practitioner in the field of securitization by Chambers USA’s America’s Leading Lawyers for Business. He has also been active in the American Securitization Forum (ASF), which includes service as a member of the ASF’s board of directors and executive committee and as a committee chairman. He was past chair of the derivatives and securitization committee of the District of Columbia Bar Association’s corporation, finance and securities law section.

He was a graduate of George Washington University Law School. Gainor was also a senior editor of the George Washington Law Review and was named to the Order of the Coif.

“His running commentary on law and life was always original, often funny and always on the mark. Befitting his penchant for lifelong learning, Ed was a legendary teacher and left his mark on a generation of young lawyers," said Bingham Partner and Head of Structured Practice John Arnholz.

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