Deposit account products, personal property, and securities as loan collateral

The Firm’s attorneys with experience in these areas represent lenders in all aspects of structuring, negotiating, documenting, closing, and working out loan, lease and other credit transactions. The Firm’s lawyers regularly represent national and regional lenders and borrowers in a wide range of financing types and structures. Their extensive experience and depth of practice enables them to anticipate problems and to propose solutions tailored to the specific needs of the client and the transaction. The Firm’s attorneys in these disciplines regularly represent clients in sophisticated financing transactions, including term and revolving credit loans, loans secured by real and personal property (including intellectual property), working capital and acquisition loans, corporate or cash flow loans, syndicated loans, single and multiple currency loans, asset-based loans, loans with warrant or equity co-investments, subordinated debt and mezzanine financing, loan restructurings and workouts, debtor-in-possession financing, equipment leasing, and aircraft financings of all types and structures. We have significant experience working out troubled assets on sophisticated transactions. Transactions documented and closed by our attorneys involve the lender’s receiving an equity kicker in the form of stock warrants or other equity interests. Our attorneys are experienced in structuring these types of transactions and in addressing the issues that are raised by them.

Representative Experience

• Representation of a major national bank, as agent, in a $200 million syndicated debtor-in-possession loan facility to an apparel retailer.
• Representation of a major national bank, as agent, in a $95 million syndicated loan facility to a major textile company (including a subsequent debtor-in-possession financing).
• Representation of a major national bank, as agent, in a $225 million secured syndicated credit facility to a coal company.
• Representation of a major national bank, as agent, in syndicated asset-based credit facilities in the trucking, tobacco, paper, medical products, jewelry, apparel and other industries.
• Representation of lenders in connection with numerous loans to software companies.
• Representation of a bank group in $130 million unsecured credit facility.
• Representation of the Bank, as agent, in syndicated secured revolving line of credit to issuer of C-grade automobile loans.
• Representation of the Bank, as lender and as administrative agent, in connection with a working capital line of credit to a hospital system in the Washington Metropolitan Area.