Teresa L. Bechtold

Experience

Teresa works closely with clients to negotiate funding structures tailored to their businesses.  With documentation ranging from derivatives to credit agreements, Teresa helps investment advisors, insurance companies, SAS companies, investment banks, pension trusts, mortgage servicers, investment funds, issuers, and Fortune 500 companies document and negotiate solutions to meet their asset and funding needs.  Before founding Rutherford & Bechtold in December 2009, Teresa was in the structured finance practice of Morgan, Lewis & Bockius LLP.  Teresa’s recent representations include:

  • Negotiate derivatives, repurchase agreements, and joint ventures on behalf of investment advisors, insurance companies, investment banks, pension trusts, foundations, and companies seeking hedges
  • Advise on and negotiate updated reference rates while preserving economic and regulatory benefits
  • Structure and negotiate bespoke asset investment vehicles for highly regulated investors seeking exposure to real estate or commodities
  • Negotiate with regulators on behalf of clients to structure operational solutions or resolve potential regulatory issues, including with the SEC and CFTC
  • Structure joint ventures for SaaS companies leading to nationwide co-branded mortgage servicing training platforms that protected each parties’ rights to data and intellectual property
  • Advise commercial banks and investment advisors on compliance with FX Global Code
  • Negotiate derivatives agreements with banks secured by unique client assets
  • Managed real estate and bankruptcy counsel in three jurisdictions on behalf of lender to successfully recover all $25 million in exposure from struggling real estate developer
  • Led specialist counsel to secure loans made across the United States to heating and cooling corporation with $30 million in annual revenue
  • Negotiated over $885 million in credit agreement, conduit financing facilities, and new debt issuance funding for medical supply company with $3 billion in annual revenue
  • On a syndicate member’s behalf, negotiate and document hedging agreements secured by credit facility
  • Negotiated financing capacity through derivatives and repurchase agreements for agricultural company with $100 billion in annual revenue
  • On an issuer’s behalf, negotiate and document $250 million in unsecured debt
  • Advise banks, investment funds, and corporations on internal processes to comply with contractual and regulatory requirements
  • On investment advisors’, insurance companies’, corporate treasuries’, hedge funds’ and investment funds’ behalf, Dodd-Frank compliant procedures and agreements with futures clearing merchants and clearing organizations
  • On a state pension system’s behalf, negotiate investment management agreements
  • Workout advice, analysis, and negotiations on a syndicated lender’s behalf
  • On an insurance premium financing company’s behalf, a $550 million TALF eligible note issuance
  • On an issuer’s behalf, $1.325 billion of financing backed by property and casualty insurance premium finance loans
  • On a portable-alpha fund’s behalf, successful collateral releases from Lehman Brothers International Europe’s bankruptcy estate
  • On a hedge fund’s behalf, successfully negotiate a termination payment to and collateral release from Lehman Brothers International Europe’s bankruptcy estate
  • On mutual funds’ and hedge funds’ behalf, credit default swaps, the “Big Bang” protocol, and auction mechanics
  • Workout advice, analysis, and negotiations on a trustee’s behalf for tens of CDOs’ troubled investments in derivatives
  • On a commercial bank’s behalf, create new derivatives confirmation forms to streamline trade documentation
  • Workout advice and analysis relating to a troubled CDO with more than $1 billion of securities outstanding on a CDO collateral manager’s behalf
  • On an investment bank’s behalf, a $275,000,000 synthetic loan purchase program through a total return swap
  • Ongoing equity and fixed-income derivative programs for pension trusts, mutual funds, hedge funds, insurance companies, and other large institutional investors
  • On the borrower’s behalf, $2.2 billion in loans secured by the borrower’s Fannie Mae and Freddie Mac servicing rights
  • On the sellers’ behalf, residential mortgage-related repurchase agreements involving more than $12 billion

Practice Areas

  • Derivatives
  • Reference Rate Negotiations
  • Securitization
  • Acquisition Financing
  • Asset-Backed Securities
  • Mortgage-Backed Securities
  • Structured Finance
  • Swaps
  • Options
  • Credit Derivatives
  • Repos
  • Project Financing

Industries

  • Commercial and Investment Banks
  • Investment Advisors, Mutual Funds, Hedge Funds, Pension Trusts, Foundations
  • Insurance Companies
  • Mortgage Originators, Mortgage Servicers

Education & Achievements

  • A.B., Harvard College (2002), cum laude
  • J.D., University of Pennsylvania Law School (2006). Managing Editor, University of Pennsylvania Journal of Constitutional Law, Volume 8

Professional & Trade Associations

  • American Bar Association
  • New York State Bar Association
  • Washington State Bar Association
  • 100 Women in Hedge Funds
  • Ellevate Network

Admitted to Practice (State)

  • New York
  • Minnesota
  • Washington

Admitted to Practice (Federal)

  • U.S. District Court, District of Minnesota