Michael Draz represents leasing companies, banks, private equity funds, alternative lenders and other investors in complex transactions involving commercial aircraft, railcars and other equipment assets.
He is the Chair of Vedder’s Global Transportation Finance team. With an eye on current deal dynamics and his clients’ long-term business goals, Michael executes cross-border leasing and financing arrangements and negotiates asset purchases and sales. He also advises clients on joint venture arrangements, the structuring of new leasing platforms, mergers and acquisitions, structured financings and securitizations.
Experienced representing parties on all sides of transportation finance transactions, Michael brings a balanced perspective and deep understanding of market trends and dynamics. He fosters strong relationships with clients and finds efficient, commercially sound solutions to complex legal issues.
Michael Draz is an excellent counselor in general, but specifically for railroad and transportation work.
Credentials
Education
- Loyola University Chicago School of Law, J.D., magna cum laude, 2008
- University of Notre Dame, B.A., 2005
Bar Admissions
- Illinois, 2008
- New York, 2016
Recognition
- Leading Lawyers – Corporate Finance Law; Secured Transactions Law, Leading Lawyer (2024-2026)
- The Legal 500 US – Transport: Aviation and Air Travel: Finance, Recommended Lawyer (2020-2025)
- The Legal 500 US – Transport: Rail and Road: Finance, Leading Partner (2019-2026)
Insights & Events
News
Vedder Practice Areas and Attorneys Recognized in The Legal 500 United States in 2026
June 12, 2026
Publications
East Palestine Derailment Lawsuits Highlight the Limits of Lessor Liability
September 9, 2025
Publications
Global Transportation Finance Newsletter September 2025
September 9, 2025
News
Vedder Price Practice Areas and Attorneys Recognized in The Legal 500 United States in 2025
June 11, 2025
News
Vedder Price Practice Areas and Attorneys Distinguished in The Legal 500 United States in 2024
June 12, 2024
News
Twelve Vedder Price Practice Areas and 46 Attorneys Distinguished in The Legal 500 United States in 2023
June 12, 2023
