Daily News: March 4, 2013

Troutman Sanders Adds to Lending, Structured Finance Practice


Law firm Troutman Sanders announced the expansion of its Lending and Structured Finance practice with the addition of a three-lawyer team in the firm’s New York office. Joining Troutman Sanders are partners Jeffrey M. Rosenthal and Thomas P. Duignan, and associate Nneoma A. Maduike. The team joins Troutman Sanders from Greenberg Traurig.

The firm said the team provides additional depth to the firm’s asset-based lending capabilities in New York, the Mid-Atlantic and Atlanta and brings decades of experience in several areas, including asset-based and commercial lending, structured finance, workouts, distressed debt and DIP lending. In addition, the group enhances the firm’s ability to represent secured creditors and debtors in distressed debt situations, including workouts, bankruptcy and debtor in possession loans.

Jeffrey Rosenthal, who is also CPA, advises clients, both lenders and borrowers, on the structuring, negotiation and documentation of sophisticated loan transactions, workouts of existing loans, DIP loans, and buying and selling of distressed debt. His clients have included major commercial banks and many finance companies active in the commercial finance industry throughout the U.S. and in cross-border transactions. He has represented buyers of distressed debt in a number of transactions with the successful results of the buyer taking control of and turning around the borrower.

Rosenthal is the current Campaign Chair for the Commercial Finance Association’s Education Foundation, a Fellow of the American College of Commercial Finance Lawyers and is active in many professional and charitable organizations. In each year since 2007, Jeffrey has been listed as one of the Best Lawyers in America for banking and finance law, corporate law, and securitization and structured finance law. He also was ranked among the nation’s top lawyers by Chambers USA in 2010.

Tom Duignan focuses his practice on asset-based lending, commercial lending, vendor and equipment finance, and on representing buyers and sellers of financial assets. He has wide-ranging experience with syndicated and single-lender transactions, multi-currency transactions, cross border transactions, letters of credit and intercreditor arrangements. His clients typically include banks, finance companies and hedge funds.

A CPA and former in-house counsel at Siemens Corporation, Duignan has received numerous legal industry honors. He was a member of this year’s top-ranked team in U.S. News – Best Lawyers “Law Firm of the Year” in Bankruptcy & Creditor Debtor Rights/Insolvency & Reorganization Law and Litigation, and was selected this year as one of the Best Lawyers in America.

Duignan is a board member of the Association of Commercial Finance Attorneys and a member of the Commercial Finance Association, the American College of Commercial Finance Attorneys and the Turnaround Management Association.

Nneoma Maduike focuses her practice on the representation of lenders and borrowers in various asset-based lending and commercial lending transactions, including secured and unsecured transactions and revolving and term loan facilities. In addition, she has wide-ranging corporate experience and represents a variety of clients in corporate transactions, including mergers, and stock and asset acquisitions, as well as providing general corporate counseling.