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Commercial Lending - Illustrative Borrower Representations

The following is a list of illustrative borrower transactions handled by attorneys in Verrill's Commercial Lending Group:

  • Representation of a logistics company in a $110 million senior syndicated secured loan facility and a related $25 million senior secured subordinated term loan facility in connection with a refinancing and a multi-national acquisition
  • Representation of an international communications company in a $75 million syndicated revolving credit facility which includes a multicurrency component for the Borrower's foreign subsidiaries in Europe and Asia
  • Representation of a chemical manufacturing business in a loan facility that includes a $1.8 million line of credit and $3.9 million in term loans
  • Representation of the borrower in connection with several different low-income housing projects in states across the country
  • Representation of franchisee with multiple locations in connection with $3.35 million acquisition loan
  • Representation of a Canadian acquirer of a Maine-based manufacturing facility in a term loan and a line of credit from a local bank.
  • Representation of a physicians group in the refinancing of their medical office building.
  • Representation of a lumber mill in obtaining acquisition financing and an operating line of credit with a governmental lender.
  • Representation of a multistate medical services business in obtaining working capital and equipment financing from a California-based lender.
  • Representation of a Massachusetts manufacturer in the financing of the acquisition of a new manufacturing facility and related operating line of credit.
  • Representation of a home health agency franchisee in obtaining multi-million dollar acquisition financing and operating line of credit from a commercial bank.
  • Representation of private equity group's portfolio company borrowers in negotiation of covenant modifications with commercial lenders to accommodate cash flow and other needs.
  • Representation of a Massachusetts manufacturer in the refinancing of credit facilities with commercial banks and subordinated lenders for purposes of redeeming a mezzanine financier's shareholding.

Firm Highlights

Event

Employee Non-Competition and Non-Solicitation Restrictions: Traps for the Unwary

On Tuesday, October 6, employment and labor attorneys Tawny Alvarez and Scott Connolly will be presenting with The Middlesex Corporation Vice President and General Counsel Joshua Wernig for Verrill and ACC Northeast's program, Employee...

Matter

2017 Emera Distribution Rate Case

Verrill represented Emera in its 2017 distribution rate case before the Maine PUC, which included: defeating Staff's proposed reduction to allowed return on equity for "management inefficiency;" approval of new expenditures, such as an...

Publication/Podcast

Zoom ADR: Best Practices for Virtually Every Virtual ADR Event

As the post-COVID-19 “new normal” comes into focus, it is unlikely that civil jury trials will happen in many jurisdictions until at least the spring of 2021. For family law matters, cases involving children...

News

Michael K. Fee to Lead Verrill’s Nationally-Recognized Health Care and Life Sciences Practice Amidst Recent Changes

(August 31, 2020) – Verrill is pleased to announce Michael K. Fee as the new leader of Verrill’s nationally-recognized Health Care & Life Sciences Group. The Group has a long history of representing a...

Matter

Management Audit

Verrill represented Emera in its 2016 distribution rate case before the Maine PUC. The case involved issues relating to significant new capital investments, including Emera's new customer information system and a controversial substation investment...

News

Verrill Partner Recognized as a Leading U.S. Bankruptcy and Restructuring Lawyer

(August 25, 2020) – Verrill partner Roger A. Clement, Jr. was recognized in the inaugural 2020 Lawdragon 500 Leading U.S. Bankruptcy and Restructuring Lawyers for excellence in his practice. Lawdragon introduced the first edition...

Event

2020 Life Sciences Venture Summit, Part One

We are happy to be sponsoring Maine Center for Entrepreneurs' 2020 Life Sciences Venture Summit. Join for its first of three parts to hear about new tech transfer and commercialization assets in Maine. Never...

Blog

MPUC Issues Order Setting Forth “Discrete Electric Generating Facilities” Safe Harbor

Today, the Maine Public Utilities Commission (MPUC) issued an Advisory Ruling establishing a safe harbor for the determination whether a generation facility is a Discrete Electric Generating Facility for the purposes of qualifying for...

Blog

MPUC Adopts Safe Harbor for Determination of “Discrete Electric Generating Facilities,” a Qualification for Net Energy Billing and Distributed Generation Programs

Yesterday, all three Maine Public Utilities Commission Commissioners agreed to adopt a new standard for the determination of what facilities qualify as “discrete electric generating facilities” under the MPUC’s Distributed Generation and Net Energy...

Publication/Podcast

Domestic Discovery for Foreign Arbitrations? Now Three Circuits Say “No”

Well, that didn’t take long! Earlier this month I posted a short piece describing a two-to-two circuit split on the question of whether a foreign private arbitration panel is a “foreign or international tribunal&rdquo...