The leveraged lending market has developed its own set of market terms and conventions, many of which do not exist outside of this market. This webinar gives a basic overview of leveraged finance credit agreements and the legal issues that arise when working on leveraged loans.
This webinar is delivered in Plain English, understandable to you even if you do not have a background in the subject. It brings you into an engaging, even sometimes humorous, conversation designed to entertain as it teaches. And, it is specifically designed to be viewed as a stand-alone webinar, meaning that you do not have to view the other webinars in the series to get a lot out of it.
Moderator:
Christopher Cahill
Christopher Cahill advises businesses on relationships with vendors, customers, and lenders to maximize market share, return, and liquidity. He also has 20 years of experience representing debtors, creditors, lenders, purchasers, and others in mega and middle market chapter 11 cases and in relation to other forms of corporate restructuring, including workouts, receiverships, assignments for the benefit of creditors, and UCC Article 9 foreclosure sales.
Chris has written and spoken extensively. Since 2014 he has served as executive editor of
Commercial Bankruptcy Litigation (2021), an annually updated treatise published by Thomson Reuters West. He co-authors the chapter in the treatise on asset sales under section 363 of the Bankruptcy Code. Chris has written several dozen articles published in
International Corporate Rescue, Norton Journal of Bankruptcy Law and Practice, Uniform Commercial Law Journal, the Tennessee Journal of Business Law, Bankruptcy Strategist, Commercial Leasing Law & Strategy, DailyDAC, and the
US-Canada Business Counsel Bulletin. He has also spoken in 75 webinars and seminars and hosted 87 episodes of the Financial Poise Radio podcast, on a diverse array of business, legal, and financial topics.
Finally, Chris serves on the Board of Directors of Lawyers Land a Hand to Youth, which among other things provides tutoring services for grade school children from disadvantaged communities in Chicago. He has previously served on the boards of Baroque Band and of the TUTA Theatre Company.
Speakers:
John D. Casais
John Casais has more than two decades of experience in financing transactions and business reorganizations, representing arrangers, underwriters, and lenders in connection with a broad array of matters in a wide range of industries. John focuses on senior financings, with a concentration on leveraged acquisition financings, and frequently represents clients in transactions that include a junior capital component. His clients include banks, hedge funds, and finance companies.
Financial institution clients include Bank of America Merrill Lynch, Citizens Bank, Jefferies, JPMorgan, KeyBank, and SunTrust. His recent transactions include the representation of the arrangers and initial lenders in connection with a combined $980 million in original and incremental senior secured credit facilities in favor of NN, a publicly traded manufacturing company, and the representation of the arrangers, underwriters, and initial lenders in connection with $850 million in senior credit facilities and high yield notes for AMAG Pharmaceuticals, a publicly traded pharmaceutical company. Recent restructuring transactions include the representation of the first lien lenders to RCS Capital Corporation in connection with its reorganization under chapter 11 of the Bankruptcy Code, including the negotiation and documentation of $150 million in debtor-in-possession (DIP) financing credit facilities and $650 million of first-and second-lien exit credit facilities, and the representation of an ad hoc group of first lien lenders to AFGlobal Corporation in connection with its reorganization under chapter 11, including $100 million of DIP and exit credit facilities.
John has been recognized repeatedly by
Chambers USA ("terrific lawyer...really great, imaginative deal guy") and by
The Legal 500 US (recognized for commercial lending as "great" and "solution-oriented").
Stacey L. Rosenberg
Stacey Rosenberg is a partner in the Finance and Bankruptcy Practice Group in the firm's Los Angeles office.
Areas of Practice
Stacey advises lenders, borrowers, and equity sponsors across a variety of debt finance transactions.
Be it senior secured credit facilities, first and second lien transactions, leveraged buy-outs or recapitalizations, workouts and out-of-court restructurings, exit financings, cross-border deals, or secured bond transactions, she's seen and done it all.
Stacey advises direct lenders in the middle market in connection with term loans and second lien facilities across a variety of industries. She also counsels clients in transactions ranging from ordinary course corporate credits to bet-the-company deals and lifeline loans.
Stacey combines her in-depth experience and transactional knowledge with a unique focus in the entertainment industry, allowing her to provide clients with highly specialized advice in connection with credit facilities, film securitizations, motion picture co-production and distribution arrangements, and sale transactions. In particular, she negotiates and drafts loan documentation, motion picture production and distribution documents, joint venture documents, and sale agreements.
Jeff Gerstner
Jeff Gerstner is a former fixed-income trader that formed Superior Business Lending (SBL) to help those businesses access financing that cannot walk in their bank and obtain the financing they need. Some of the types of deals SBL works on are:
--Unsecured Lines of Credit
--Equipment Leasing
--Mezzanine Debt
--Venture Debt
--Cannabis and Hemp business-related financing
--Debt Restructuring
--Business Acquisition Financing
--Asset-Based Lending
--Commercial Real Estate Loans (Bridge and Permanent)
