Cases
Experience: Senior Credit Facilities: Represented major national bank, as administrative agent, in connection with a syndicated, multi-currency, senior unsecured $225 million credit facility to a public company that is a diversified producer of premium specialty papers for the tobacco industry.
Represented major national bank in connection with a $160 million syndicated senior, unsecured credit facility to a supplier of fats
oils to the food service industry.
Represented major non-bank finance company, as administrative agent, in connection with $118.5 million of asset-based senior credit facilities provided to a privately held manufacturer of flooring, countertops,
window coverings.
Represented major non-bank finance company, as co-administrative agent, in connection with $89 million of senior credit facilities provided to a provider of information services, including background checks
identity theft protection,
post transaction marketing.
Represented major national bank, as administrative agent, in connection with $88.6 million of asset-based senior credit facilities provided to a manufacturer of custom-engineered metal fasteners (screws, nuts,
bolts), cold formed parts
stampings for car makers, automotive suppliers,
industrial manufacturers.
Represented major national bank, as administrative agent, in connection with $60 million of senior credit facilities provided to an electrical
utility construction contractor.
Represented major national bank, as administrative agent, in connection with $50 million of senior credit facilities provided to a producer of poly fibers
fabrics.
Represented major national bank, as administrative agent, in connection with $50 million of asset-based senior credit facilities provided to a manufacturer of home furnishings, stoves, heaters,
consumer electronics.
Represented major non-bank finance company, as administrative agent, in connection with $46.5 million of senior credit facilities provided to a provider of construction, heating
air conditioning services.
Represented major non-bank finance company, as administrative agent, in connection with $42.5 million of asset-based senior credit facilities provided to a large privately held provider of information technology managed
professional service solutions with global operations.
Represented major non-bank finance company, as administrative agent, in connection with $35 million of senior credit facilities provided to a radio broadcasting station.
Represented major national bank in connection with $29.4 million of senior credit facilities provided to a full-service marketing solutions provider.
Debtor-in-Possession Loans: Represented major financial institution, as lead agent, for a 200+ member bank group in connection with $1 billion debtor-in-possession loan.
Represented major national bank in a $120 million debtor-in-possession financing credit facility in the Chapter 11 case of a major steel manufacturer.
Revolving, Term
Other Loans: Represented major financial institution in connection with $500 million in loans to Chrysler Financial.
Represented major national bank in connection with a $100 million term loan facility to a business insurance intermediary company.
Represented major national bank, as administrative agent, in connection with a $70 million multi-currency revolving loan facility to a leading wholesale RC
hobby distributor, which is 100% owned by an Employee Stock Ownership Plan ( ESOP ).
Represented commercial finance company in connection with a $55 million unitranche, asset-based credit facility to a major global print
online media company
its subsidiaries.
Represented major national bank, as administrative agent, in connection with a $48.8 million revolving
term loan facility to a medical device manufacturer.
Represented major national bank in connection with a $47.5 million revolving
term loan facility to the family of companies comprising a major national moving
storage business to fund a 100% ESOP buyout.
Represented major national bank in connection with a $40 million revolving loan facility to a steel distributor.
Bankruptcy, Restructuring
Liquidation: Lead counsel in connection with a myriad of other secured
unsecured credit facilities, restructurings,
bankruptcies in a wide variety of market segments, including agricultural, retail, wholesale, distribution,
manufacturing.
Primary counsel to two major financial institutions in connection with the liquidation of their remaining portfolios.
Primary counsel to the Commercial Finance Association in both the Third Circuit
the U.S. Supreme Court in connection with an appeal of the substantive consolidation decision issued by the District Court in Owens Corning.
Lead counsel to various lenders in connection with WARN Act negotiations with federal
state agencies
leaders.
Lead counsel to various lenders in connection with claims of creditors under the Perishable Agricultural Commodities Act
the Packers
Stockyards Act.
Some of the above representations were h
led by Mr. Cardonick prior to his joining Greenberg Traurig, LLP .
