Overview
Eric Mazie has been a key player in Delaware trust law practice for more than 30 years.
Recognized as one of the nation’s leaders on the use of trusts in commercial transactions, Eric has had a pivotal role in the development of statutory trust law and the creation of transactional structures and techniques that are widely used in the public and private capital markets.
Eric focuses his practice on representing issuers, investors, arrangers, underwriters, credit enhancers, and other entities in a wide variety of transactional matters, with particular emphasis on transactions involving the use of common law and statutory trusts. A “super smart” practitioner who is “one of the foremost experts in Delaware trust law” (Chambers USA), Eric represents banks and trust companies that act as indenture trustee, owner trustee, fiscal agent, collateral agent, custodian, and in other representative capacities in all types of commercial transactions.
Eric acts as Delaware counsel on a wide range of commercial transactions, including public and private offerings and off-shore and cross-border transactions. He also serves as Delaware counsel in connection with the formation and operation of public and private mutual funds, exchange-traded funds, and real estate investment trusts.
Eric is actively involved in the organization, structuring, and operation of grantor trusts, owner trusts, master trusts, series trusts, titling trusts, liquidating trusts, investment funds, and real estate investment trusts in transactions such as securitizations, derivatives, leveraged leases, mutual funds, debt restructurings, and workouts. His experience includes
- all types of asset-backed securities, including credit card, residential and commercial mortgage, auto loans and leases, student loans, insurance policies, litigation settlements and intellectual property;
- mutual funds and exchange traded funds;
- tender option bonds;
- covered bonds;
- liquidating trusts;
- hybrid capital securities;
- equipment leases; and
- collateralized debt and loan obligations.
PRACTICES
- College of William & Mary School of Law, J.D., 1984
- Drexel University, B.S., with honors, 1981
Education
Publications
The Investment Lawyer | November 2010
In light of recent public discussion with respect to the use of defensive measures by closed-end funds to counteract takeover attempts, this article addresses some of the more common defensive measures that have been adopted by closed-end funds organized as Delaware statutory trusts and the permissibility of such measures under Delaware law.
Delaware Series Trusts – Separate but Not Equal
The Investment Lawyer | February 2009
This article discusses the history of the use of trusts organized in series under the Investment Company Act of 1940 (the 1940 Act); the series provisions of the Delaware Statutory Trust Act (the DSTA); the common issues and questions that arise as a result of the use of series; and the future of the series concept…
Leadership
- Delaware State Bar Association, Statutory Trust Committee, Chair, 1988 – present
Pro Bono Activities
- Director, Westover Hills Homeowners Association
- Director, Greenville Country Club
Recognition
- Chambers USA
- The Best Lawyers in America; Wilmington, DE Securitization and Structured Finance Law Lawyer of the Year, 2020, 2017
Bar Admissions
- Delaware, 1984
