Cases
Representative Matters: Represented Balchem Corporation (NASDAQ:BCPC) in its acquisition of Performance Chemicals & Ingredients Company (d/b/a SensoryEffects), a privately held supplier of customized food
beverage ingredient systems, for a purchase price of $567 million in cash.
Obtained on behalf of FirstMerit Bank, N.A. an order granting summary judgment in the United States District Court for the Northern District of Illinois against four individual defendants in a large, complicated litigation matter in an amount in excess of $11 million.
Represented Koch Foods Incorporated in closing a $450 million loan transaction that involved 28 parcels of real estate in Ohio, Illinois, Tennessee, Alabama, Georgia
Mississippi.
Represented JCG Foods, an affiliate of Koch Foods, in winning an auction in connection with an $80 million sale under section 363 of the bankruptcy code, obtaining bankruptcy court approval of the sale
entering into an Asset Purchase Agreement.
Represented JCG Foods, an affiliate of Koch Foods, in obtaining a $50 million loan from Rabobank to assist in an acquisition under the bankruptcy code.
Represented Eastern Bank, as co-participant with two other institutional lenders, in the purchase of $42 million in tax-free bonds issued by the Massachusetts Development Finance Agency. The purchase was made in conjunction with a $42 million loan to the South Shore YMCA to fund several construction projects, a $1 million revolving credit facility
a $500,000 equipment loan.
Represented MB Financial Bank in connection with the sale of large parcels of real estate in downtown Chicago to an investor for $ 20 million. The transaction, which also included the sale of a $10 million loan to a third party, was part of a $30 million complex loan workout.
Represented Rabobank in connection with a $35 million secured loan facility to a large Dutch company with operations in the United States.
Represented Hinsdale Bank & Trust Co. in connection with a $10 million letter-of-credit transaction to enhance revenue bonds for a non-profit school in the Chicago area.
Represent FirstMerit Bank in the liquidation of a $40 million loan portfolio obtained from the FDIC as a result of the failure of George Washington Savings Bank.
Represent FirstMerit Bank in the liquidation of a $60 million loan portfolio obtained from the FDIC as a result of the failure of Midwest Bank.
Represented asset-based lender in $45 million secured loan transaction involving borrower involved in the auto industry.
Represented financial institution as a syndicate member in $270 million secured real-estate financing for large office facility in Chicago, Illinois.
Represented borrower in $150 million transaction for the construction of 60- story condominium project in Chicago, Illinois, involving senior
mezzanine debt.
Represented borrower in $80 million loan transaction from asset-based lender, the funds of which were used for the acquisition of borrower's largest competitor.
Represented financial institution as lead lender in $45 million construction-loan project syndicated to three additional lenders.
Represented asset-based lender in $20 million asset-based loan to manufacturing entity involved in the food business.
Represented asset-based lender in $35 million transaction to major producer of computer h
held units for use in retail.
Represented senior lender in $35 million revolving-credit
term-loan facility to manufacturer with plants in Canada, Mexico
Europe.
Represented borrower in $195 million secured term loan
multicurrency revolver for restructuring of borrower indebtedness.
