Experienced Counsel Required: A Practical Guide to Debtor-in-Possession Funding

Debtor-in-possession lending is far from simple, but it can provide many benefits for financing providers who can successfully navigate the process. Robert M. Hirsh and Phillip Khezri of Lowenstein Sandler walk through some of the basics of DIP lending to serve as a starting point.

November 8, 2022 Debtor-in-possession lending | Lowenstein Sandler | Phillip Khezri | Robert M. Hirsh Phil Neuffer

Does §503(B)(9) Of The Bankruptcy Code Apply To Hybrid Goods/Services Transactions?

Eric Chafetz and Lindsay Sklar of Lowenstein Sandler examine the decision in In re Sklar Expl. Co., LLC, a case which dealt with Section 503(b)(9) of Chapter 11 of the U.S. Bankruptcy Code and how it relates to trade creditors that supply both goods and services to financially distressed customers.

October 5, 2022 bankruptcy | Eric Chafetz | Lindsay Sklar | Lowenstein Sandler | U.S. Bankruptcy Code Markiesha Thompson

Star Mountain Capital Closes SBIC Fund at $290MM

Star Mountain Capital closed its $290 million SBIC fund with support from new and existing limited partners, including banks, asset management firms, family offices and individuals.

August 25, 2021 Ash Patel | Blue Ridge Bank | Brett Hickey | Brian K. Plum | Commercial Bank of California | Lowenstein Sandler | Magnetar | Praveen Saxena | Star Mountain Capital | Winston & Strawn Ian Koplin

Canyon Partners Provides $200MM Term Loan for NextWave

Canyon Partners provided NextWave with a $200 million senior secured first lien term loan facility. Proceeds from the facility will retire existing debt and provide operational funding and access to future capital.

January 7, 2021 Avenue Capital Group | Canyon Partners | Chair Chobor | Frank Cassou | Lowenstein Sandler | Moelis & Company | NextWave | Solus Alternative Asset Management Phil Neuffer

Lowenstein Sandler Adds Weisenberg as Senior Counsel, Bankruptcy/Financial Reorganization

Brent Weisenberg joined Lowenstein Sandler as senior counsel in the firm’s bankruptcy, financial reorganization & creditors’ department. 

September 25, 2020 Brent Weisberg | Jeffrey Cohen | Kenneth A. Rosen | Lowenstein Sandler Rita Garwood

Lowenstein Adds Investment Management Partner Kozinn

Lowenstein Sandler added former Claren Road Asset Management general cousel Benjamin Kozin as a partner in Investment Management. He previously served as associate general counsel for Goldman, Sachs.

March 6, 2017 Benjamin Kozinn | Claren Road Asset Management | Goldman Sachs | Lowenstein Sandler | Robert Minion | The Carlyle Group Sam Nickerson

Cohen Joins Lowenstein Bankruptcy Practice

Jeffrey Cohen will join Lowenstein Sandler as a partner in its bankruptcy practice, with a focus on troubled retailers and technology companies.

January 23, 2017 Jeffrey Cohen | Lowenstein Sandler ABF Journal

Burkhart Deepens Lowenstein Sandler M&A and Tech Focus

National law firm Lowenstein Sandler added Benjamin C. Burkhart to the firm as a partner specializing in technology and investment fund M&A.

January 5, 2017 Benjamin Burkhart | Lowenstein Sandler | Morgan Lews & Brockius ABF Journal

Bloomberg: NYC Opera Files for Bankruptcy; Lowenstein Sandler is Counsel

Bloomberg reported that the New York City Opera filed for bankruptcy due to declining income and a failed fundraising effort; Kenneth Rosen of Lowenstein Sandler is serving as legal counsel.

October 7, 2013 Kenneth Rosen | Lowenstein Sandler | New York City Opera ABF Journal

Lowenstein Sandler Adds Goldsamt as Partner, Specialty Finance

Lowenstein Sandler has added veteran attorney Seth T. Goldsamt as a partner in its Specialty Finance practice. Goldsamt is based in Lowenstein’s New York City office. He joins Lowenstein Sandler from McDermott Will & Emery, where he was a partner.

December 21, 2012 Lowenstein Sandler | Specialty Finance Lowenstein Sandler ABFJ News