National Leasing Counsel
Served as national leasing counsel to real estate investment manager with large national portfolio of office and industrial assets.
Bradley Arant Bankruptcy Group Completes Complex Recapitalization Transaction On November 18, 2010, a Bradley Arant manufacturing client (majority-owned by a Bradley Arant private equity client) completed a complicated recapitalization transaction. As part of the recapitalization, the manufacturing client refinanced its existing senior facility with a new $60 million senior asset-based facility, restructured $42 million in subordinated mezzanine debt, and issued a new $2.5 million round of preferred equity. The new senior loan is secured by real and personal property located at 7 manufacturing facilities in 4 states. Contentious intercreditor negotiations, environmental issues, underfunded pension plans, foreign subsidiaries, and 9 different borrowing entities kept things interesting. John Myers (finance matters) and Jeff Buschmann (equity matters) led the Bradley Arant team, with assistance from John Murdock, Gordon Nichols, Chris Parker, Matt Mattingly, Johanna Jumper, and Mary Ward.
$49 million acquisition of 43 retail fuel and convenience stores
Representation in the $49 million acquisition of 43 retail fuel and convenience stores in north Georgia and east Tennessee.
Acquisition of Surgical Hospital - Ruston, LA
Represented a national hospital company in connection with the acquisition of a surgical hospital in Ruston, LA.
Disposition of three hospitals and sale of fourth
Representation in the disposition of three hospitals in Oklahoma to a third party buyer and sale of a fourth to the Hospital Authority, with seller financing.
Health Care Acquisition
Represented private equity-backed, oncology healthcare services company in connection with $30 million acquisition of several radiation therapy centers.
Listed in The Best Lawyers in America®, Real Estate Law, 2016-2024 National Leasing Counsel Served as national leasing counsel to real estate investment manager with large national portfolio of office and industrial assets. Bradley Arant Bankruptcy Group Completes Complex Recapitalization Transaction On November 18, 2010, a Bradley Arant manufacturing client (majority-owned by a Bradley Arant private equity client) completed a complicated recapitalization transaction. As part of the recapitalization, the manufacturing client refinanced its existing senior facility with a new $60 million senior asset-based facility, restructured $42 million in subordinated mezzanine debt, and issued a new $2.5 million round of preferred equity. The new senior loan is secured by real and personal property located at 7 manufacturing facilities in 4 states. Contentious intercreditor negotiations, environmental issues, underfunded pension plans, foreign subsidiaries, and 9 different borrowing entities kept things interesting. John Myers (finance matters) and Jeff Buschmann (equity matters) led the Bradley Arant team, with assistance from John Murdock, Gordon Nichols, Chris Parker, Matt Mattingly, Johanna Jumper, and Mary Ward. $49 million acquisition of 43 retail fuel and convenience stores Representation in the $49 million acquisition of 43 retail fuel and convenience stores in north Georgia and east Tennessee. Acquisition of Surgical Hospital - Ruston, LA Represented a national hospital company in connection with the acquisition of a surgical hospital in Ruston, LA. Disposition of three hospitals and sale of fourth Representation in the disposition of three hospitals in Oklahoma to a third party buyer and sale of a fourth to the Hospital Authority, with seller financing. Health Care Acquisition Represented private equity-backed, oncology healthcare services company in connection with $30 million acquisition of several radiation therapy centers.
