Ashley Menser focuses her practice on the taxation of transactions involving loans held by REMICS and CDOs. She regularly provides legal counsel to lenders and CMBS master, primary and special servicers on transactions involving securitized and non-securitized loans, including extensions, loan modifications, various consent issues, transfers of interest and assumptions, with an emphasis on defeasance transactions. Ashley also advises clients on the tax and corporate aspects of transactions, including the structuring and formation of entities, domestic and international stock and asset sales, preferred equity investments, private placements, joint ventures, and conversions, mergers and acquisitions of business entities. Ashley received her J.D., with honors, in 2004 from Emory University School of Law, where she was a managing editor of the Emory Law Journal. She received her B.A., with honors, in 2001 from the University of Florida.
- Counsel for master, primary and special servicers in connection with CMBS post-securitization loan transactions for loans in excess of $100 million.
- Counsel for CMBS servicers, financial institution successor borrower providers and independent successor borrower providers on over 450 defeasance transactions.
- Counsel for lenders in connection with the workout of loan portfolios including extensions and modifications.
- Tax counsel, providing REMIC advice and opinions, on over 250 transactions involving securitized loans, including assumptions, transfers of interest, extensions and releases of collateral.
- Tax counsel for offshore CDO issuers and collateral managers.
- Tax advisor and corporate counsel on various acquisitions by large institutional private equity and financial services companies.
- Tax and corporate counsel for private placements of securities for new business ventures in the areas of healthcare, medical technology and real estate.
- Tax counsel for structured cross-border financing transactions.
“Does the Internal Revenue Code Provide a Solution to a Common State Taxation Problem? Proposing Adoption of Section 367(d) to Tax Intangibles Holding Subsidiaries,” Emory Law Journal, Vol. 53, No. 2, Spring 2004.