Proskauer

Prior Firm Experience

• Represented Invesco in its acquisition of Restoration Forest Products through a Ch 11 plan restructuring.
• Represented an ad hoc group of senior secured lenders to Westmoreland Coal Company, with respect to an out-of-court restructuring and spin-off of an ESG business.
• Represented Cyrus and Keyframe Capital in a joint venture investment in Terawatt Infrastructure alongside VisionRidge.
• Represented the senior lenders to My Alarm Company in Ch 11 equitization plan of reorganization and subsequent add-on acquisition of Alert360.
• Represented private investment funds in conversion of senior debt of FreightCar America Inc. to senior preferred stock.
• Represented a group of minority bondholders in negotiation of exit governance documents in the Ch 11 reorganization of a company that invested in a Macau casino.
• Represented a private investment fund as lead investor in a $250 million convertible notes offering by a publicly traded UK-based company.
• Represented a private investment fund in negotiations of its backstop commitments to fund the exit financing for the PG&E bankruptcy.
• Represented a private equity firm in acquiring a majority equity stake in a company that provides equipment financing.
• Represented a private equity firm in negotiating minority governance rights, backstop commitment and rights offering terms in the Ch 11 reorganization of a fracking company.
• Represented a private equity firm in providing equity lines of credit to various investment funds and/or their managers to fund future investments, including fund investments in portfolio companies, GP commitments and co-investments.
• Represented a private equity firm in the acquisition (as stalking horse bidder) of substantially all of the assets of a chemical manufacturer pursuant to a sale under §363 of the Bankruptcy Code.
• Represented a freezer storage company and its shareholders in its more than $1 billion sale to a another freezer storage company.
• Represented a private equity firm in multiple joint ventures with various management groups/asset managers to provide capital to fund various lines of business relating to finance, including small ticket revolving loans, mid-size commercial loans, and liquidity for tech company executives.
• Represented a private equity firm in approximately $1.27 billion purchase of distressed credit portfolio of large-bracket investment bank consisting of over 270 instruments across asset types and geographies relating to approximately 170 companies.
• Represented a private equity firm in a multi-million dollar additional preferred equity line commitment to a small cap private equity fund, whose remaining commitments had expired.
• Represented large agricultural cooperative in the sale of its animal feed division and proposed debt restructuring.
• Represented a hedge fund in the sale of two casinos acquired through an out-of-court foreclosure.
• Represented a private equity firm in a structured secondary fund recapitalization transaction.
• Represented a private equity firm in a multi-million dollar minority investment in a company that originates small balance commercial real estate loans.
• Represented a private equity firm in a multi-million dollar minority PIPE investment in a public company that provides durable goods to consumers on a lease-to-own basis.
• Represented an asset manager in a joint venture with a BDC to form a new private equity style fund to lend to middle market companies.
• Represented a private equity firm in a multi-million dollar additional preferred equity line commitment to an investment holding company with a global investment portfolio and offices in the United States, Europe, Africa and Asia.
• Represented a company that is a children’s clothing retailer in private debt repurchases and a debt tender offer at a discount to face value.
• Represented a public company that manufactures, imports and distributes commercial cleaning and storage products in an out-of-court exchange of second lien debt for common equity.
• Represented a private equity firm in the acquisition of an aircraft charter business.
• Represented a publicly traded homebuilder in $8 billion merger-of-equals with another publicly traded homebuilder.
• Represented creditors in a Mexican concurso restructuring of a hotel company.
• Represented a hedge fund in a joint venture to develop an offshore LNG liquification facility in the Southern United States.
• Represented a Japanese-based multi-national manufacturer of high-end stereo equipment in out-of-court restructuring with first lien lenders and its private equity sponsor.
• Represented private equity firm in a $600mm 50/50 joint venture with a BDC to provide additional lending capital to the BDC.
• Represented selling shareholders and the company in the sale of a post-Ch 11 reorganized satellite and communications provider based in Mexico.
• Represented a real estate firm in its acquisition of the equity interest in the general partner and investment advisor to a private equity fund focused on investing in distressed real estate.
• Represented the buyer in the acquisition of all of the outstanding limited and general partnership interests in a fund-of-funds manager that controls a portfolio of funds and an offer to the limited partners of the funds to purchase their limited partnership interests.