Evaluating Key Intercreditor Arrangements: First Lien/Second Lien, Split Collateral, Senior/Mezzanine, Unitranche

Mr. Galil is a member of the Finance, Business Restructuring and Reorganization, and Environmental, Social and Governance (ESG) Practice Groups. His practice focuses on advising sponsors, issuers, financial institutions and investment funds in a variety of financing transactions, including credit facilities, leveraged acquisitions, dividend recaps, debt buybacks, out-of-court capital restructurings, and debtor-in-possession exit financings. Mr. Galil also frequently performs credit analyses on a borrower’s debt instruments and advises on vulnerabilities and potential restructuring approaches.

Mr. Wise is a partner in the Finance & Restructuring group resident in the New York office. As a leading practitioner in restructuring and special situations finance, he has extensive experience in complex liability management transactions, Chapter 11 matters, workouts, rights offerings, recapitalizations, restructuring, post-petition and exit financing, and distressed debt purchases and sales. Mr. Wise is a frequent author and thought leader on many issues in the restructuring and finance spaces.

Mr. Homer is an experienced Of Counsel with a demonstrated history of representing both privately held and publicly traded companies as borrowers in various debt transactions, including unsecured transactions and complex secured transactions of all types. Primarily advise private equity firms during the leveraged buyout phase and continue to advise them and their portfolio companies regarding compliance with debt covenants, refinancing and repricing transactions, and corporate restructurings, including internal restructurings, asset dispositions, and public equity offerings. Proven record of successfully managing and directing multiple cross-border transactions of all sizes requiring coordination with parties in various US and international jurisdictions and a working understanding of collateral rules in various jurisdictions. Able to quickly understand the commercial goals of a transaction and ensure those goals are reflected in the legal documentation and execution of the transaction. Skilled at drafting and negotiating all documents pertaining to debt financing and managing a team towards completing a successful execution of a transaction. Team player with a knack for recruiting, supervising, and mentoring other attorneys and invested in ensuring that work culture ensures that all employees may best utilize their skills and abilities for the good of the enterprise. Admitted to practice law under the New York State bar.