Clients rely on our Finance Group to help them navigate the business and legal complexities of novel and multi-dimensional debt financing transactions. Our versatile finance practitioners work closely with our mergers and acquisitions, securities, tax, real estate and bankruptcy lawyers to provide seamless advice and innovative solutions that address our clients' debt financing needs related to all types of transactions and capital structures.
Our Finance Group encompasses a full range of debt financing expertise, including lender and borrower-side leveraged finance transactions, award-winning securitizations, significant project financings and complex derivatives structures across a broad array of industries.
Our private equity and company clients benefit from the deep market experience of our financing lawyers in structuring and negotiating debt facilities to fund acquisitions, asset-based revolving credit facilities, second lien loans and other types of debt. We understand the issues faced by leveraged enterprises, their investors and lenders throughout a company's life-cycle, from evolving techniques in acquisition finance through the tensions inherent in distressed situations.
We focus on providing our clients with tailored solutions for their specific needs. We are at the center of some of the most innovative and complex financing matters, including the whole-company securitizations of name-brand franchises and the restructuring of multibillion dollar companies.
The leveraged finance group at Paul, Weiss provides counsel to clients who structure and negotiate all types of leveraged finance transactions, including acquisitions, recapitalizations, refinancings and restructurings. Our clients include financial and strategic buyers, financial institutions, hedge funds and companies engaged in a variety of industries. While we are exceptionally familiar with market terms and customs, we have found that offering creative solutions to otherwise intractable issues is our greatest virtue.
We counsel clients on:
- syndicated loan facilities
- bridge loans
- private note placements
- asset-based financings
- mezzanine and second-lien debt
- amendments and refinancings
- margin loans
We work closely with Paul, Weiss's mergers and acquisitions, capital markets, funds, tax, ERISA, derivatives, intellectual property and environmental lawyers to provide seamless execution.
Structured Finance and Securitization
The Finance Group has significant experience in all aspects of international and domestic structured finance transactions. According to The American Lawyer, "when the circumstances demand innovative solutions, [Paul, Weiss] … lawyers distinguish themselves."
We specialize in transactions with unusual structures or assets, including workouts and restructurings of structured finance and securitization transactions. We have helped put together deals for a broad range of asset classes, including franchises, alarm receivables, trade receivables, intellectual property, patent royalties, equipment leases, billboards and contract rights, such as lottery awards and structured settlements. We also have particular expertise in the media and entertainment industry, having developed an array of innovative structures from sports financing to film financing slate deals.
Additionally, we counsel clients on:
- whole-business securitizations
- operating assets (including franchise, entertainment, lease and IP)
- DIP securitization
- restructuring of prepetition indebtedness
- secured revenue note offerings
- commercial paper securitizations
Derivatives and Structured Products
Paul, Weiss offers clients a dedicated team of derivatives lawyers with years of experience in advising both sell-side and buy-side clients in the design, negotiation and execution of a wide range of derivatives instruments and transactions across underlying asset classes (credit, equity, fixed income, distressed debt, commodities and FX).
We structure over-the-counter (OTC) derivatives instruments for financing, hedging, leverage and synthetic exposure purposes and advise on the resolution of related credit, regulatory, legal and risk management issues. We negotiate and implement comprehensive derivatives documentation infrastructures, including International Swaps and Derivatives Association master agreements and collateral arrangements, futures, custody, prime brokerage, repurchase and securities lending agreements and OTC derivatives clearing documentation. We represent financial institutions, funds and their investment advisers, and corporate entities in their use of OTC derivatives products and are familiar with market approach, terms and developments from both the dealer and end-user perspectives. We monitor the ongoing regulatory reform of the OTC derivatives markets and counsel clients on issues relating to the implementation of and compliance with new rules affecting documentation and trading practices.
OTC derivatives feature prominently in bankruptcy filings, near insolvencies and out-of-court reorganizations. Accordingly, we advise users of derivatives who need to protect and enforce their rights against struggling or bankrupt counterparties, address outstanding derivatives in restructurings or take advantage of strategic investment opportunities.
Project Finance and Infrastructure
Our project finance and infrastructure lawyers advise clients on all aspects of project development, construction financing and term financing across a full range of sectors - from clean technology and renewable energy to satellite and telecommunications projects to the more traditional power plant complexes and oil and gas facilities. We are also active in advising on the project financing of arenas, casinos, theme parks and other entertainment facilities.
We assist our clients with the most current and sophisticated financing structures, and our attorneys advise on all aspects of construction and term financing, including senior, subordinated and mezzanine tranches; establishment of offshore collateral accounts and trusts; export credit agency and multilateral institution financings; and political risk guarantees.
The full resources of the firm are available for each project, including the expertise of our project finance, corporate law, corporate finance, international tax, international trade, technology transfer, environmental law, bankruptcy and creditors' rights, real estate and dispute resolution lawyers.