W. Jay Frazier practices corporate law, with a focus on structured finance and capital markets transactions. Jay has acted as counsel for issuers, underwriters, and sponsors in private placements of both debt and equity, primarily funded and synthetic asset-backed securities, including medium-term notes, commercial paper notes, and asset-backed notes. His structured finance experience includes funded and synthetic securitizations of various typed of receivables and other financial assets and the use of derivative instruments in structured transactions, including credit default swaps, interest rate swaps, currency swaps, and total return swaps. He has extensive experience representing sponsors of structured investment vehicles (SIVs). He has represented indenture trustees and collateral agents on high yield debt offerings. Jay also represents borrowers and lenders in the use of special purpose vehicles, reducing bankruptcy risk, reducing consolidation risk, the use of substantive consolidation opinion letters, structuring "true sales," and the use of true sale opinion letters.

Jay joins Meyer Capel after nearly a decade of experience in the New York office of the internationally acclaimed law firm of Jones Day. Some of the clients Jay has represented include: Citigroup, State Street Bank and Trust Company, Bank of America Corporation, National City Bank, Wells Fargo Bank, N.A., Ambac Assurance Corporation, and The Morgan Stanley Real Estate Funds.

Jay is licensed to practice law in the states of Illinois and New York and is a member of the American Bar Association, the Illinois State Bar Association, and the New York State Bar Association. In addition, he served on the board of directors— five years as treasurer—of the homeowners’ association at the condominium community where he previously resided in Darien, Connecticut.

Jay holds a Bachelor of Arts from the University of Colorado at Boulder and a Juris Doctorate from the School of Law at Case Western Reserve University. Away from the practice of law,
he enjoys golf, tennis, travel and reading.