Daily News: June 30, 2014

ABL Specialist Joins Jones Day in NYC

Global law firm Jones Day announced that Gayle Berne has joined as of counsel in the firm’s Banking & Finance practice in its New York Office. She arrives from Morgan Lewis where she was counsel in that firm’s Banking & Finance practice.

Berne is an excellent addition to the firm and our growing global Banking & Finance practice, said Brett Barragate, co-leader of Jones Day’s global Banking & Finance practice. Gayle’s experience representing financial institutions across a wide range of financing structures, and particularly in asset-based finance, will be invaluable to our global client base.

Berne focuses her practice on representing financial institutions as well as borrowers in complex financing transactions. She has handled syndicated credit facilities on both a leveraged- and investment-grade basis, acquisition financings, cash flow and asset-backed financings, asset-based lending, mezzanine financings, subordinated debt transactions and first lien/second lien arrangements, recapitalizations, and cross-border facilities, with an emphasis on secured and asset-based lending transactions.

Berne has managed transactions ranging in size from large syndicated credits to smaller highly structured transactions across a wide variety of industries such as technology, health care, oil and gas, media, entertainment, manufacturing and retail, education, food, transportation, agriculture, maritime, and marketing. She also has substantial experience negotiating inter-creditor and subordination agreements, agreements among lenders, and participation arrangements, as well as advising on fund guaranteed financings and a wide variety of letter of credit transactions.