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.
Brent Weisenberg joined Lowenstein Sandler as senior counsel in the firm’s bankruptcy, financial reorganization & creditors’ department.
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.
Jeffrey Cohen will join Lowenstein Sandler as a partner in its bankruptcy practice, with a focus on troubled retailers and technology companies.
National law firm Lowenstein Sandler added Benjamin C. Burkhart to the firm as a partner specializing in technology and investment fund M&A.
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.
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.