Mr. Feldkamp is a retired partner of the firm. He was a member of Foley’s Finance & Financial Institutions Practice, and its Automotive and Energy Industry Teams. He worked in the firm’s Milwaukee and Chicago offices and is located in the Detroit office, where he has advised clients for the past three decades.
In 1973, Mr. Feldkamp provided the legal basis for Foley’s pioneering bankruptcy opinion that permitted issuance of America’s first rated private mortgage-backed security in the post-Depression era. Throughout the years, he has provided creative legal advice to support numerous securitization innovations, including:
His practice has included counseling U.S. and multinational corporations, international financial organizations, domestic and foreign regulatory agencies, and self-regulatory organizations on a variety of financial services matters. Mr. Feldkamp has consulted on projects to enhance legal, regulatory, and accounting rules to facilitate securitization in countries throughout the world.
Other areas of Mr. Feldkamp’s practice include representation of financial service companies on all aspects of business, including corporate law, mergers and acquisitions, regulatory and operational matters, workouts, reorganizations, and bankruptcy matters. In addition, he has been involved in numerous bank, thrift, and finance company restructurings. He has advised on highly leveraged bond transactions, including procedures to assure legal compliance, and as counsel in proceedings to unwind and reorganize highly leveraged issuers.
In addition to his numerous publications (listed below), he was the contributing author for legal issues affecting AU 9336 published in October 2001 by the Auditing Standards Board of the American Institute of Certified Public Accountants. The audit guidance applies to any legal opinion that may be required to support accounting sale treatment for the transfer of financial assets by U.S. firms. Mr. Feldkamp has also presented numerous speeches on U.S. securitization issues for the American Law Institute, The World Bank, the People’s Republic of China, and for banks, investment banks, and banking and other regulatory groups in the U.S. and in countries throughout Asia.
Mr. Feldkamp was Peer Review Rated as AV® Preeminent™, the highest performance rating in Martindale-Hubbell's peer review rating system and was named one of the Leading Lawyers in Illinois by the Leading Lawyers Network. He was also named in the list of 2006 Michigan "Super Lawyers" by Law & Politics Media, Inc. for his work in banking.
Mr. Feldkamp graduated from The University of Michigan (J.D., magna cum laude, Order of the Coif, 1971; A.B., economics, with distinction, 1968) and was a student fellow on the Research Seminar in Quantitative Economics. He was the legal profession representative invited to serve on the FASB 140 Audit Issues Task Force of the American Institute of Certified Public Accountants.