Department profile
Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Banking & Finance

USA Guide 2026 : Illinois


Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Rankings

About

Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

The Banking Group at Skadden represents a wide variety of clients around the globe in cutting-edge financing transactions. Our international platform, with offices in the major financial centers on five continents, allows us to advise across abroad spectrum of legal systems to the world’s largest corporations, as well as the world’s leading investment banks,commercial banks, private equity sponsors, hedge funds and other financing sources. We provide our clients sophisticated advice through a combination of experience, an in-depth understanding of the global financial markets and a market-leading ability to navigate differences in local law that can have significant impacts on financing transactions. We are frequently recognized for our work,including being named Team of the Year by The American Lawyer and Legal Week at the 2017 Transatlantic Legal Awards, and the 2016 U.S. News – Best Lawyers “Law Firm of the Year” for Banking & Finance Law.

Skadden banking attorneys advise on all types of financing transactions on a global basis, including:

  • acquisition financings (leveraged and investment grade);

  • bridge financings (leveraged and investment grade);

  • first and second lien loan facilities;

  • leveraged recapitalizations;

  • asset-based financings;

  • mezzanine financings;

  • workouts, restructurings,debtor-in-possession and exit financings;

  • project financings and“alternative” financings;

  • investment grade financings;

  • REIT financings;

  • real estate financings.

Chambers Review

Provided by Chambers

Banking & Finance - Illinois

Band 3

Band 3


What the Team is Known For

Skadden is recommended for its considerable transactional expertise when it comes to secured and unsecured, senior and mezzanine financing. The firm possesses significant experience in representing lender and borrower clients including major commercial banks, leveraged issuers and private investment funds. Skadden is also noted for its expertise in leasing transactions, particularly in the aircraft finance space. The firm has particular expertise in acting for borrowers in obtaining finance for high-value acquisitions.

Work Highlights

Provided by Chambers

  • Skadden represented Ashtead Group in the amendment and extension of its USD4.75 billion senior secured asset-based loan and security agreement.

Strengths

Provided by Chambers

  • The Skadden team is highly knowledgeable, available and incredibly competent.

    Banking & Finance respondentUSA
  • On top of service quality, fast responses and deep know-how, Skadden is also creative and solution-oriented.

    Banking & Finance respondentUSA
  • Skadden offers depth and breadth of knowledge across all aspects of finance and the various instruments. Its attorneys have the ability to think creatively to solve problems.

    Banking & Finance respondentUSA
  • Skadden is able to navigate a multitude of different complexities across different businesses, each with their own unique nuances that require special attention.

    Banking & Finance respondentUSA
  • Skadden is top tier pragmatic, results-driven advisors with visibility into the most strategic, precedent-setting matters.

    Banking & Finance respondentUSA

Notable Practitioners

Provided by Chambers

  • Band 3David Wagener
    Band 3David Wagener

    David Wagener

    David Wagener's practice involves acting on behalf of both lenders and borrowers. He is routinely called upon to provide counsel on asset-based loan facilities and acquisition financings.

    • David embodies deep technical mastery paired with the strategic foresight that clients rely on in defining moments.

      Banking & Finance respondentUSA
    • David appreciates and understands the commercial opportunities and pitfalls.

      Banking & Finance respondentUSA
    • David knows all the answers and gives great advice to navigate complex deals.

      Banking & Finance respondentUSA

Ranked Individuals at Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates (1)

Illinois

Members

Provided by Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates

Skadden, Arps, Slate, Meagher & Flom LLP & Affiliates has rankings in the following guides

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