Sadis & Goldberg represented Old Hill Partners in connection with the close of a senior secured term loan, secured by future legal fee receivables and recoverable expenses.
Sadis & Goldberg’s representation focused on structuring the loan, the security interests and the loan servicing arrangements.
“We were pleased to counsel Old Hill Partners on this unique alternative asset loan structure, and we look forward to working with the Old Hill team on future projects,” said Paul Marino, partner at Sadis & Goldberg. “Our financial services group routinely counsels clients in connection with corporate finance and mergers and acquisitions. This transaction further solidifies our leadership in the space.”
Darien, CT-based Old Hill Partners is an SEC-registered investment adviser with experience in asset-backed lending and alternative investment management. The firm offers customized lending products and services to middle market clients seeking creative funding structures for growth initiatives.