Secured Finance Network Elects Leaders for Fiscal 2022

The Secured Finance Network (SFNet) added to its executive and management committees for fiscal year 2022. These leaders guide the association, make policy decisions, confirm new members and provide thought leadership in advocacy and education.

October 7, 2021 Ares Commercial Finance | Asset Based Lending Consultants | Bank of America | Barry Bobrow | Bethani R. Oppenheimer | Betty Hernandez | Blank Rome | Bobbi Acord Noland | Donald Clarke | Edward King | ENGS Commercial Capital | Gary C. Epstein | Gerber Finance | Goldberg Kohn | Greenberg Traurig | Hamid Namazie | Hilco Global | J.P. Morgan Securities | Jeffrey Goldrich | Jennifer Palmer | John DePledge | Jonathan N. Helfat | King Trade Capital | Laura Glass | Lawrence Chua | Lawrence Flick | McGuireWoods | Otterbourg | Parker Hudson Rainer & Dobbs | Peter York | Republic Business Credit | Richard Gumbrecht | Richard M. Kohn | Robert Grbic | Robert Meyers | Sandra Evans | SLR Business Credit | Tania Daniel | The Secured Finance Network | U.S. Bank | wells fargo | White Oak | William R. Bence | Wingspire Capital Ian Koplin

Otterbourg Appoints Cretella Chair of Alternative and Specialty Finance Practice Group

Otterbourg named James M. Cretella chair of the firm’s alternative and specialty finance practice group. Cretella’s areas of focus include asset-based lending, supply chain finance, trade finance and specialty finance.

March 11, 2021 James M. Cretella | Otterbourg | Richard L. Stehl Phil Neuffer

Otterbourg Names Mason and Maduike Co-Chairs of Lender Finance Practice Group

Otterbourg named Valerie S. Mason and Nneoma A. Maduike co-chairs of the firm’s lender finance practice group. Maduike and Mason are also members of Otterbourg’s finance practice, which encompasses acquisition finance, asset-based lending, structured finance and more.

March 1, 2021 lender finance | Nneoma A. Maduike | Otterbourg | Valerie S. Mason Phil Neuffer

Otterbourg Expands Banking/Finance Practices With Jones Hire

Tarnetta V. Jones joined Otterourg as of counsel in both the Banking & Finance and the Corporate departments.

October 4, 2018 Otterbourg | Richard L. Stehl | Tanetta V. Jones ABF Journal

Otterbourg Promotes Maduike to Of Counsel for Specialty Finance

Law firm Otterbourg promoted Nneoma A. Maduike to of counsel in the firm’s banking and specialty finance group.

November 8, 2017 Nneoma Maduike | Otterbourg ABF Journal

Miller Joins Otterbourg Finance Practice

Jason I. Miller joined Otterbourg as a member of the specialty finance group. His practice focuses on asset-based lending, cash flow lending, middle market, factoring, leveraged finance, first and second lien loans and term loans.

August 8, 2017 Jason Miller | Otterbourg Sam Nickerson

Rosenthal Provides Financing to Expedite Prestige Restructuring

Rosenthal & Rosenthal provided financing to facilitate a complex restructuring and sale of Prestige Industries, a provider of commercial laundry and valet services to the hospitality industry in the New York City region.

June 8, 2017 Otterbourg | Prestige Industries | Rosenthal & Rosenthal | Sunrise Capital Partners | Traxi ABF Journal

Otterbourg Expands Bankruptcy and Finance Practices

Otterbourg added Keith N. Costa and Michael Wenger to the firm as members of the restructuring and bankruptcy practice and counsel in the banking and finance practices, respectively.

June 1, 2017 Keith N. Costa | Michael Wenger | Otterbourg Sam Nickerson

Fiorillo to Head Otterbourg Restructuring Group

As part of its leadership transition plan, Otterbourg has named Daniel Fiorillo head of the firm’s restructuring practice group, replacing Jonathan Helfat.

October 27, 2016 Daniel Fiorillo | Jonathan Helfat | Otterbourg ABF Journal

What’s in Your Intercreditor Agreement? For First Lien Lenders, the Devil’s in the Details

For many years, bankruptcy courts failed to enforce intercreditor agreements because the parties involved were not in bankruptcy. Courts today are enforcing these agreements strictly according to their text. Failure to note the precise wording of an intercreditor agreement can trip up a first lien lender and give the second lien lender the upper hand during bankruptcy proceedings.

September 16, 2016 bankruptcy | David W. Morse | Intercreditor Agreement | Otterbourg ABF Journal