Refinancing of Credit Facilities
Mass Tort Plaintiffs Law Firms
Negotiation and closing of a refinancing for a $212 million existing receivables-based credit facility and a new $75 million revolving credit facility on behalf of three New York and one Puerto Rico mass tort plaintiffs law firms in order to finance mass tort litigation settlement receivables. Representation required the negotiation of complicated inter-creditor agreements between the borrowers, the existing lender and the new lender.
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Representation of B piece and special servicer clients, handling in excess of $130billion in 2.0 CMBSsecuritizations.
Representation of an energy company in its $9.45 billion all-cash acquisition of another energy company, resulting in the creation of the largest utility holding company in the United States.
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...