Banking & Finance
USA Guide 2024 : Pennsylvania: Philadelphia & Surrounds
Band 1
Email address
[email protected]Contact number
+1 215 569 5500About
Provided by Blank Rome LLP
We are the preferred destination for most of the prolific banks and lenders, and we structure, negotiate, and document financings including asset-based finance, leveraged cash-flow loans, unitranche facilities, second-lien and mezzanine loans, equipment finance, leveraged lease transactions, securitizations, and structured finance.
We frequently represent secured creditors and debtor-in-possession lenders in Chapter 11 cases, and have a strong name in ship financings, healthcare and technology finance. We are primary finance counsel for several private equity firms for their acquisition financings.
Internationally, we handle transactions in the UK, Canada, Australia, New Zealand, Mexico, among others.
Our “sweet spot” (and most of our work) is the middle- and upper-middle market, in the $50 million to $500 million range. Our key clients support lending to companies in this market.
Several of our attorneys are trained in finance and in bankruptcy/restructuring—distinguishing us from competitors. We frequently represent long-standing clients, including first- and second-lien secured creditors and debtor-in-possession lenders in Chapter 11 cases.
In our consumer finance work, we often analyze regulations promulgated by the Consumer Financial Protection Bureau and other agencies, and advise consumer mortgage lenders and servicers in regard to regulatory issues.
Our Pennsylvania-based banking and finance lawyers are concentrated in Philadelphia, with further capability in Pittsburgh.
Chambers Review
Blank Rome boasts a preeminent banking and finance practice that represents leading banks and lenders from across the region and country. Particularly well versed in complex financings in the mid- and upper mid-market, and excels in asset-based finance, leveraged lease transactions and securitizations. A go-to practice for equipment financing and also highly regarded for its capabilities in bankruptcy and restructuring matters. Has a strong international outlook, representing clients in the technological, construction, healthcare and energy sectors.
Work Highlights
- Blank Rome closed a $1.2 billion unitranche credit facility for PNC as collateral agent and first out lender representative.
Strengths
Provided by Chambers
"Blank Rome is a very experienced law firm with a deep roster of attorneys with significant experience."
"The group is very responsive and they do a fantastic job of navigating complex financing arrangements."
"The team contains strong lawyers who are very responsive, professional and knowledgeable."
"Blank Rome is a very experienced law firm with a deep roster of attorneys with significant experience."
"The group is very responsive and they do a fantastic job of navigating complex financing arrangements."
"The team contains strong lawyers who are very responsive, professional and knowledgeable."
Notable Practitioners
Bruce Lesser offers significant experience handling sophisticated banking transactions. He works with clients such as lenders and borrowers.
"Bruce has a strong reputation in the market."
Harvey Forman offers notable experience representing lenders in various financing transactions. He has notable strength in handling DIP financings as well as commercial lending matters.
Lawrence Flick heads the firm's financial services industry group. He draws praise for his sophisticated work in complex financing transactions on behalf of leading banks.
"He is a very smart and good lawyer."
Michael Graziano offers expertise acting for institutional lenders in a wide array of financing matters. He is noted for his experience in acting in syndicated financings and for his expertise on asset-based lending.
"He is a seasoned lawyer with phenomenal instincts."
"Michael's an excellent attorney - he's practical and knowledgeable."
Heather Sonnenberg is noted for her skills in handling a range of banking and finance matters. She has a particular strength in ABL and unitranche financings.
"Heather is a very solid attorney."
"She is fantastic at working through matters."
Kevin Baum is cochair of the firm's finance, restructuring and bankruptcy group. He maintains a broad practice encompassing financings and restructurings for a variety of institutional investors.
"He's a very good and practical attorney."
"Kevin is extremely knowledgeable."
Mark Rabinowitz maintains a broad finance practice involving restructurings and workouts in addition to complex transactions on behalf of banks.
"Mark is absolutely terrific and I go to him when I need a good sounding board."
"He's an excellent attorney, he's practical in his approach to different deals."
Shlomo Troodler focuses his practice on complex equity and debt finance transactions. He is considered a strong up-and-coming attorney, who has experience representing his clients in acquisition financing.
"Shlomo's incredibly thoughtful, practical and responsive."
Ranked Lawyers at
Blank Rome LLP
Pennsylvania: Philadelphia & Surrounds
Members
Provided by Blank Rome LLP