With over 70 professionals across three continents, our Global Transportation Finance (GTF) team is renowned for its financing acumen across all types of transportation and heavy equipment assets. We represent participants of all types and sizes in the transportation and heavy equipment industries, including owners, leasing companies, lessees, financial institutions, alternative lenders and equity investors. Clients rely on our deep knowledge and understanding of the structural similarities across these industries and the nuances that separate each individual sector.
Our GTF practices Commercial Aviation, Maritime, Rail, Business Aviation and Helicopter Finance and General Equipment—are all prominent in their respective fields. In addition, the cross-disciplinary interaction among them gives the group its unique perspective on emerging trends and market conditions.
While our four GTF practices are different in many ways, they have in common the financial tools we use to carry out our clients’ transactions. While each industry has its own complexities, they share common financial tools. Our team has long been a pioneer and key participant in the securitization of large assets, including the payment streams of leased transportation and heave equipment assets, which remain a hallmark of our practice.
Our reach is global. We represent clients in multiple jurisdictions, operating under multiple legal systems. Our clients trust us, not just to structure, negotiate and execute their most important transactions, but also to advise them in insolvency proceedings and when necessary, litigation.
Our services to our clients are comprehensive, and include the following:
- Asset acquisitions and dispositions
- Aviation and aerospace regulatory
- Bankruptcy
- Business aircraft finance
- Business aviation services
- Commercial aircraft finance
- Commercial aircraft servicing
- FAA regulatory advice
- Finance leases and lease-to-own transactions
- Government-supported and insurance-supported financings
- Joint venture investments and fund formation
- Litigation (including insurance matters)
- Operating leases and sale-leaseback transactions
- Part-out and end-of-life transactions
- Portfolio and company acquisitions
- Sanctions and import/export compliance
- Secured and unsecured lending
- Securitizations, private placements and capital markets transactions
- Structured financings and warehouse loan facilities
- Syndicated and club Lending
- Tax structuring and advice
- Asset securitization
- Bilateral lending
- Charters
- Coastwise regulation, including the Jones Act and the Passenger Vessel Services Act
- Export-credit structures
- Finance leases
- Insolvencies, workouts and corporate reorganization
- Joint ventures
- Litigation and arbitration
- Maritime liens
- Port and terminal regulation
- Private placements, including 144A and Reg S offerings
- Public offerings and listings
- Regulation under the American Fisheries Act
- Sale-leaseback transactions
- Securitization
- Ship management agreements
- Syndicated and club lending
- U.S. government maritime programs
- Vessel sales and purchases
- Vessel mortgages
- Vessel registration and documentation
- Bankruptcy-remote syndicated railcar
- Company trust agreements
- Debt financings for locomotives and railcars
- Export credit agencies
- Insurance wraps
- Leveraged leases
- Liquidity facilities marks
- On-and off-balance-sheet structures
- Operating leases (both full-service and net leases)
- Private placement syndicates
- Railroad-owned rolling stock facilities
- Securitizations and capital markets transactions
- Servicing agreements
- Single-investor railcar warehouse loan
- Synthetic leases
- Warehouse loan facilities
- Bundled financings
- Domestic and cross-border financings
- Secured financings and refinancings
- Structured financings and warehouse loan facilities
- Syndications, securitizations and other capital markets transactions
- True/tax-motivated leases and TRAC leases
- Vendor programs and other vendor-originated financings
Accolades
Band 1: Aviation Finance, 2009-2026
Tier 1: Industry Focus: Transport: Aviation and Air Travel—Finance, 2018-2026
Band 2: Asset Finance, 2020-2026
Band 2: Asset Finance: Aviation (UK-wide), 2017-2026
Band 2: Aviation: Finance, 2026, Band 3: 2024-2025, Band 4, 2021-2023
Tier 3: Singapore Asset Finance: Foreign Firms, 2022-2025
Band 3: Aviation: Finance, 2026, Band 4, 2023-2025
Tier 2: Industry Focus: Transport: Shipping — Finance, 2018-2025
Band 3: Transportation: Shipping/Maritime: Finance, 2021-2025
Tier 1: National Equipment Finance Law; Tier 2: National Admiralty and Maritime Law, 2013–2024
Tier 1: Industry Focus: Transport: Rail and Road—Finance, 2018-2025
2026 Chi-Stat Reception
June 2026
Chi-Stat is a celebration of Chicago’s deep roots in aviation and a reminder of the strength of our community. We are honored and proud to support this incredible group and celebrate the strength and spirit of the aviation industry in Chicago.
Global Transportation Finance Newsletter
May 2026 Issue
Covering the latest in legal updates for global transportation finance.
Insights & Events
Speaking Engagements
Hoyoon Nam to Moderate Session During 2026 Marine Money Week
June 16, 2026
News
Vedder Practice Areas and Attorneys Recognized in The Legal 500 United States in 2026
June 12, 2026
News
Vedder Wins Marine Money “Securitization Deal of the Year” Award
June 8, 2026
Publications
John Pearson Interviewed for Aviation Week Article “Decarbonisation and SAF in the Middle East: Where the Legal Bottlenecks Really Are”
June 4, 2026
News
Vedder Recognized in Chambers USA 2026
June 4, 2026
Publications
Helen Biggin Authors Article on War Risks Insurance, Force Majeure and Frustration for Maritime Risk International
May 26, 2026
Publications
In Discussion with Alix Farr (Travalyst)
May 12, 2026
Publications
Two Fuels, Two Frameworks: Comparing ReFuelEU Aviation and FuelEU Maritime
May 12, 2026
Primary Contacts

Michael E. Draz
Shareholder
Chair, Global Transportation Finance Practice Area
Member, Board of Directors
Chicago