Scott D. Berson

Partner

Practice Description

Representative Matters

• Currently representing the administrative agent and collateral agent in connection with a $30 million "priming" debtor-in-possession revolving credit facility.
• Represented one of the largest UK-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.
• Represented the global coordinator in connection with three separate bridge loan facilities and three separate revolving credit facilities to be 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 the originator and borrower in an $80 million trade receivables financing insured by a policy covering the credit and political risk associated with non-U.S. receivables.
• Represented a telecommunications company as borrower in connection with a $30 million senior revolver secured by substantially all of the company’s assets and a $10 million subordinated term loan secured by the same assets on a subordinated basis.
• Represented a leading financial institution in connection with its purchase from various originators of the right to receive payment under structured settlements.
• 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