Michael L. Urschel, P.C.
Overview
Michael is savvy, business-minded, commercial and is the epitome of a group leader. - Chambers USA, 2025
Michael Urschel, a partner in the New York office of Kirkland & Ellis LLP, is tasked with building and growing our global Structured Finance & Structured Private Credit practice. Michael focuses on securitization, structured private credit and private placements, both on a stand-alone basis and market-leading hybrid finance transactions with traditional lending and equity-based products. Our team focuses on non-traditional asset financing and acquisition financing of complex assets, advising sponsors, borrowers, funds, investment banks and other institutions on a variety of financing opportunities, regulatory matters and portfolio acquisitions and financings across the capital structure.
Michael is active in a wide range of capital markets, structured lending and acquisition financing transactions. He has structured and led dozens of financings of franchised concepts, digital infrastructure assets, real estate and leasing assets, energy assets, transportation assets, media royalties, outdoor advertising receivables and various specialty lending platforms. Over the prior 15 years, Michael has designed many of the prevailing financing structures in the market for the acquisition and financing of esoteric assets—including pioneering using such transactions for ‘certain funds’ acquisition transactions.
Experience
Representative Matters
Prior to and since joining Kirkland, Michael’s experience includes representing sponsors, issuers, borrowers, initial purchasers, structuring agents and/or lenders on:
- The majority of recent “whole-business securitizations” of franchise and service brands, including multiple “deal-of-the-year” innovations in the asset class;
- Dozens of securitizations of digital infrastructure, including lit and dark fiber, wireless towers, data centers, distributed networks, GPUs, IP addresses and other internet backbone infrastructure;
- Multiple hybrid-real estate lending transactions, including outdoor advertising assets, oil & gas assets, triple-net lease assets, solar energy assets and many “first-in-asset class” structuring transactions;
- Structured financings of transportation assets, including shipping containers, energy transportation networks, prime-tenant equipment financing and portfolio acquisitions;
- Multiple structured direct placements of non-traditional assets, including developing the infrastructure and “back leverage” for related structured private credit and private placement technology; and
- Multiple specialty leveraged finance facilities, including residual financings, structured device leasing and structured credit facilities for the origination of specialty lending platforms.
Prior Experience
Partner, King & Spalding LLP
Partner, Milbank LLP
More
Recognition
Ranked Band 1 in Whole Business Securitization by Chambers USA and Chambers Global
Recognized in Securitization: ABS by Chambers USA and Chambers Global
Ranked as a “Leading Lawyer” by The Legal 500 U.S.
Memberships & Affiliations
Structured Finance Committee, New York City Bar Association
Legal Counsel Committee, Structured Finance Association
Former Chairman, Board of Directors of Make Music New York, Inc.
Editor, The Securitisation Law Review
Credentials
Admissions & Qualifications
- New York
Education
- University of North Carolina School of LawJ.D.
- University of North Carolina at Chapel HillM.B.A.
- University of North Carolina at Chapel HillB.S.
News &
Insights
- Press Release Kirkland Represents Dine Brands Global on $600 Million Securitized Financing Facility
- Press Release Kirkland Advises Switch Data Centers on $1.1 Billion Securitization Financing
- Press Release Kirkland Advises Diversified Energy Company on Asset-Backed Securitization
- Sponsored Event Structured Finance Association’s SFVegas 2025
- In the News Kirkland Predicts Strong ABS Issuance in 2025 in Asset-Backed Alert