Scott D. Berson

Partner

Practice Description

Representative Matters

• Recently represented a major financial institution as administrative agent in connection with the refinancings of an $850 million and $525 million credit facility for two separate Fortune 500 companies.
• Recently represented a U.S.-based fuel broker, as borrower, under a revolving and term loan facility in excess of $1 billion, and have represented the company, as originator, in two separate receivables financings, one for $160 million and one for $50 million, both of which were wrapped with trade credit insurance.
• Recently represented a leading recycling company in connection with its $135 million revolving and term loan acquisition facility, secured by principally all of the assets of the company and its subsidiaries.
• Represented one of the largest U.K.-based hedge funds in connection with its obtaining a $530 million secured term loan financing to consummate a reverse acquisition and a $40 million secured revolver to provide working capital, secured by substantially all of the domestic and foreign assets of the company and its subsidiaries.
• Recently represented a high net worth individual in connection with a $200 million revolving credit facility secured by the individual's fine art collection.
• Represented a major financial institution, as administrative agent, in connection with the restructuring of senior and second lien credit facilities through a consensual strict foreclosure.
• Represented the global coordinator in connection with three separate bridge loan facilities and three separate revolving credit facilities entered into as part of a public company’s spin-off and separation into three separate publicly traded companies.
• Represented the arranger of two separate $200 million senior life settlement transactions involving the financing of a pool of U.S. life insurance policies, one of which was funded solely through a foreign equity offering and the other of which was funded with both debt (U.S. and foreign) and equity (through a foreign offering).
• Represented a major financial institution in connection with its purchase from various originators of payment rights under structured settlements.

Honors

Publications