Asset Servicing & Structured Finance
Asset Servicing &
Structured Finance.
Authoritative guidance and testimony across trustee and indenture trustee roles, custodian duties, collateral and fund administration, calculation agent services, and master and special servicer responsibilities.
PRACTICE AREA · EXPERT WITNESS & CONSULTING
About this practice
PRACTICE OVERVIEW
Our team of experts offers authoritative guidance and testimony across a wide range of functions, including trustee and indenture trustee roles, custodian and sub-custodian duties, collateral and fund administration, calculation agent services, and both master and special servicer responsibilities.
Backed by extensive industry experience, SEDA Experts is committed to delivering precise, informed assessments tailored to meet the rigorous demands of litigation and dispute resolution in structured finance matters.
Our practitioners have direct experience across the full lifecycle of structured finance transactions — from SPV incorporation and warehouse structuring through issuance, ongoing administration, and resolution of events of default, liquidation, and redemption processes.
SEDA provides expert witness testimony and consulting services across the full range of asset servicing and structured finance matters. As expert witnesses, our practitioners address the duties and liabilities of trustees, custodians, servicers, and calculation agents in connection with CDOs, CLOs, RMBS, and CMBS disputes. As consultants, we advise financial institutions on operational controls, custody best practices, and the design of structured finance governance frameworks — bringing direct institutional experience that ensures our analysis meets the standard required in both courtrooms and boardrooms.
WHY SEDA
Former trustees, custodians, calculation agents, and servicers from leading financial institutions — with direct operational experience across structured finance transactions.
Deep expertise in the full lifecycle of ABS, CLO, CDO, and CMBS transactions — from warehouse structuring and issuance through events of default and liquidation.
Extensive experience in SPV administration, indenture trustee duties, and compliance with transaction documents in complex securitization structures.
SUB-PRACTICE AREAS
Areas of expertise
01
Trustee & Indenture Trustee
Related: Alternative Asset Classes · Securities
02
Custodian & Sub-Custodian Duties
Related: Risk Management · Investigation & Regulatory
03
Collateral & Fund Administration
Related: Alternative Asset Classes · Financing
04
Trustee and indenture trustee duties, obligations under trust indentures, and compliance with transaction documents in ABS, CLO, CDO, and CMBS structures.
Collateral management, portfolio administration, eligibility criteria compliance, coverage tests, and overcollateralization in structured credit transactions.
Analysis of custodian and sub-custodian obligations, safekeeping of assets, reconciliation duties, and liability for operational failures in securities custody arrangements.
Analysis of master servicer and special servicer duties — including servicing standards, modification decisions, foreclosure procedures, and servicer advances in CMBS and RMBS transactions.
Servicer Responsibilities
Related: Real Estate · Regulatory & Compliance













