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Second Lien and Mezzanine Groups

Our leveraged finance lawyers advise on all areas of finance, including acquisition finance, syndicated lending, second lien and subordinated lending, debt capital markets, cross-border finance and complex leasing and asset-based and leveraged cash flow financings.  Financial sponsors, money center lenders and investment banks regularly retain us to handle their most complex private and public debt financings and to advise them on complex inter-lender negotiations in connection with multi-tiered financings.  We regularly advise second lien and mezzanine secured lender groups in restructurings and consent solicitations (such as DURA Automotive, Remy International, INTERMET, and J.L. French Automotive), leveraged buyouts, recapitalizations and change-of-control financings.

Our structured finance lawyers negotiate and structure the purchase of mortgage-backed derivative securities through trust and partnership structures, including the acquisition of subordinated derivative mortgage-backed securities where the underlying asset is tax-exempt bonds.  We also represent funds outsourcing debt portfolios.  We regularly advise traders on the New York Mercantile Exchange, Chicago Board of Trade and other leading markets on the range of legal and documentation issues surrounding credit derivatives, OTC options, swaps and hedges.  We also assist with International Swap Dealer Association (ISDA) documentation across derivative products and advise fund clients on derivatives portfolio analysis and audits.