Eric Marcus represents US and international banks, finance companies and other financial institutions in both structured finance transactions and a wide variety of commercial lending transactions, including trade finance and vendor finance programs. In the structured finance area, he has set up multi-seller and single-seller asset-backed commercial paper programs, and has experience with many different types of receivables purchase transactions, including trade receivables, auto and equipment loans and leases, dealer floorplan contracts, credit card receivables, franchise loans, commercial loans, and healthcare receivables. He regularly represents commercial banks in trade and supply chain finance facilities involving the purchase of accounts receivable and drafts, often in cross-border programs. In the commercial finance area, he handles asset-based loans, letter of credit facilities, and participation arrangements, and is active in structuring, documenting and negotiating new financing arrangements, as well as negotiating the out-of-court restructuring of problem loans.
Prior to serving as senior counsel, Mr. Marcus was a partner in the firm's New York office for 30 years.
Mr. Marcus is the author of "The Moral Right of the Artist in Germany" (ASCAP Copyright Law Symposium), "Securing Future Advances: Avoiding Future Shock" (Commercial Lending Review), and other articles on secured lending topics. He served as reporter for the securitization form of control agreement on the ABA's Joint Task Force on Deposit Account Control Agreements.
- JD, Stanford Law School, 1976
- BA, Brown University, 1972, magna cum laude
- New York
- New Jersey
- Member, Structured Finance Industry Group