MVA Experience- Bankruptcy & Financial Restructuring- Workouts

Representative Work-out matters include:

• Advertising: Assist with the representation of a senior secured lender in connection with workout of approximately $107 million owed by a real estate media company.
• Agriculture: Assist with representation of secured lender in connection with workouts involving hog farmers.
• Agriculture: Representation of secured lender owed approximately $55 million in connection with workout involving turkey and hog growers.
• Automobile Dealer: Assist with the representation of secured lender in connection with workout of approximately $65 million owed by an automobile dealer.
• Automobile Dealer: Representation of secured lender in connection with workout of approximately $30 million owed by an automobile dealer.
• Building Products: Representation of agent for secured lender owed $70 million in connection with workout involving building products supplier.
• Construction: Representation of senior secured lender owed approximately $70 million in connection with wind-down of commercial excavation company.
• Consulting: Representation of agent for lender syndicate in successful restructuring, reducing $65 million exposure to full payoff of senior debt facility to Florida consulting company.
• Counsel to secured lender which owed approximately $12 million in connection with workout of metal processing company.
• Counsel to individual investor with $30 million investment in a Florida aqua-culture business undergoing an orderly wind-down process.
• Counsel to individual investor in orderly liquidation of $55 million of multi-state secured real estate investments.
• Financial Services: Representation of state bank in restructuring and securing of involuntary indebtedness arising from check-kiting scheme.
• Financial Services: Representation of unsecured lender owed approximately $12 million in connection with workout involving servicer of distressed debt.
• Financial Services: Representation of financial services borrower in restructuring of $110 million credit facility.
• Hospital System: Assist with the representation of lessor in connection with $10 million of hospital equipment in workout.
• Leasing: Representation of agent for syndicate of lenders with $100 million of exposure in workout and subsequent refinance of credit facility to California automated teller machine lessor.
• Light Manufacturing: Representation of administrative agent for lenders in debt for equity restructuring of approximately $275 million in senior secured financing to borrower in the building products industry.
• Light Manufacturing: Representative of administrative agent for lenders in restructuring of approximately $700 million in senior secured financing to borrow in the building products industry.
• Manufacturing: Representation of lending institution in the restructuring of a $26 million loan facility to a manufacturing company.
• Manufacturing: Representation of agent for syndicate of lenders in workout and ultimate full payoff of $500 million exposure to Alabama manufacturing conglomerate.
• Marine Services: Assist with the representation of lender in connection with workout of approximately $20 million owed by marine services company.
• Motorsports: Representation of administrative agent in the workout of an $80 million loan to a racing team.
• Municipal Finance: Representation of variable rate securities liquidity bank, auction rate securities broker-dealer and interest rate swap provider in connection with defaulted $3.2 billion Alabama county sewer bond issuance.
• Natural Gas Services: Representation of agent for second lien lenders owed approximately $40 million in connection with workout involving Canadian natural gas services company.
• Pharmaceutical: Representation of agent for secured lenders in connection with $125 million in exposure to pharmaceutical company.
• Real Estate: Representation of secured creditors and borrower in various deed-in-lieu of foreclosure transactions.
• Real Estate: Representation of secured creditor in restructure of loans to various borrowers developing low income housing tax credit properties.
• Real Estate: Representation of lender in connection restructuring over $35 million in total loans to real estate developer.
• Recycling: Representation of senior secured lender in connection with workout of approximately $6 million owed by a metal recycling facility and incurrence of subordinated debt to finance acquisition of facility upgrade.
• Retail Marketing: Representation of administrative and collateral agent for syndicate of lenders in successful restructurings of New England marketing company involving $25 million new equity investment from sponsor and subsequent refinancing.
• Telecommunications: Representation of agent for syndicate of lenders that worked down $100 million exposure to Washington D.C. area telecommunications company to full payoff.
• Telecommunications: Representation of senior secured lender in connection with a workout of approximately $22 million owed by an international communications services company.
• Trucking: Representation of agent for loan syndicate in comprehensive restructure of $100 million in loans to Florida trucking company, involving the procurement of significant additional collateral coverage and the resolution of difficult intercreditor issues with private placement insurance company note holders.
• Wholesale Distributing: Representation of administrative and collateral agent for syndicate of lenders in workout culminating in consensual Article 9 sale of New York wholesale distributor's assets.