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Financial Institutions

Experience

Represented investor in acquisition of $31 million of senior secured debt of commercial contractor operating in 27 cities nationwide and in subsequent partial conversion of debt to 100% of equity.
Representation of lead bank in $44 million syndicated revolving mortgage loan repurchase facility to multi-sellers
Represented specialty commercial lender in obtaining $50 million structured lending facility.
Representation of warehouse lender in connection with $65 million revolving warehouse line of credit
Served as advocate before Tennessee General Assembly on behalf of client to successfully lobby for legislation establishing a statewide system of regulation and maintained the existing system of rates and fees.
Tennessee Supreme Court distinguished between price differential in lease agreement and usury. Choice of law was at issue--an important issue for ortant issue for lenders prior to usury statute amendments.
Lead attorney responsible for listing client’s offerings on Irish Stock Exchange.
Representation in letter of credit bond issues, including nonprofit organizations and governmental entities. Examples include the Nashville Symphony Hall, the Tennessee Municipal Bond League issues and various nonprofit hospitals.
Served as local counsel in several multi-state financing and acquisition transactions.
Representation in large commercial loans of all types, including health care organizations, restaurants and other commercial businesses.
Successfully represented advisor to exchange fund in multi-district litigation brought by investors in the fund.
Represented client in the organization of a new bank headquartered in Hendersonville, Tennessee.
Represented mortgage loan warehouse facility providers in connection with over 30 mortgage loan repurchase, warehouse lending and participation facilities within the last year, including workouts with troubled borrowers.
Representation in restructuring of defaulted $165 million loan to consumer finance company.
Represented Regions Bank in the sales of non-performing loans in various states including, Alabama, Florida, and South Carolina
Representation of construction and maintenance services company in connection with its secured revolving and term loan credit facility.