Daily News: December 1, 2014

Proskauer Enhances Multi-Tranche Finance Capabilities

Proskauer announced Sandra Lee Montgomery joined the Los Angeles office as a partner in its Finance Group. Her addition deepens the bench of Proskauer’s Multi-Tranche Finance Group.

Montgomery joins from Bingham McCutchen. She was named an IFLR1000 2014 Rising Star in Banking and Finance, and one of Latin America’s 2014 Top 50 Female Lawyers in Banking and Finance by Latinvex. She is fluent in Portuguese and Korean, and also speaks French and Spanish.

Montgomery has significant experience in representing financial institutions, lenders and private equity funds in a wide array of commercial and corporate finance, asset-based lending, subordinated debt finance, secured and unsecured lending, and related workout transactions. She advises on the establishment of credit facilities for both public and private companies with a focus on acquisitions, recapitalizations, restructurings, refinancings, debtor-in-possession and other strategic financings.

“Sandra’s wealth of experience in complicated finance structures for alternative lenders such as BDCs, debt funds, insurance companies and CLO’s is a perfect fit for our Multi-Tranche Finance practice. She has spent a substantial amount of time in her practice representing alternative lenders in debt transactions up and down the capital structure, including, senior debt, unitranche, second lien and mezzanine facilities,” said Steven Ellis, partner in Proskauer’s corporate department and co-head of the Multi-Tranche Finance Group. “She is a talented finance lawyer and will be a great complement to our practice here in the States and in Europe. We are extremely excited to have her join our group.”

Montgomery is well-versed in Article 9 of the Uniform Commercial Code and other laws related to secured transactions. She also has handled numerous complex cross-border transactions involving Australia, Canada, the Cayman Islands, Hong Kong, Malaysia, Mexico, the Netherlands, Singapore and the UK, among other countries.

Michael Woronoff, head of Proskauer’s Los Angeles office and co-head of its Mergers & Acquisitions and Private Equity practices, said “We have an exceptional group of lawyers in Los Angeles and Sandra’s addition is the latest step in our strategy to expand the comprehensive suite of services we offer clients. Her keen ability to structure complex financing transactions — both domestic and international — will be very valuable to our private equity and financial services clients. We are delighted she’s joining us.”