Scott D. Berson

Partner

Practice Description

Representative Matters

• 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.
• Represented a U.S. based fuel broker and related service provider, as originator, in two separate trade receivables financings, one for $160 million and one for $50 million, both of which were wrapped with a credit insurance policy covering the risk associated with non-U.S. receivables.
• Currently representing a U.S. based fuel broker and related service provider, as lessee, in connection with an equipment leasing program with five separate financial institutions.
• 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.
• Currently representing a major financial institution, as administrative agent and lender, in connection with a $50 million senior secured term loan being provided to a Dominican based real estate developer.
• 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 a major financial institution in connection with a restructuring of a $56.5 million senior secured credit facility and a $16 million subordinated loan facility.
• Represented both arrangers and lenders in connection with various synthetic lease restructurings, including the refinancing through a 144A capital markets offering of approximately $250 million of notes secured by the headquarters facility of a leading U.S. transportation company.

Honors

Publications