Contact: William S. Veatch
Morrison & Foerster has a wealth of experience in structuring asset-based lending transactions, creating and perfecting security
interests in real and personal property in both the U.S. and internationally, working out and restructuring problem credits
and enforcing creditors’ remedies. The firm provides clients with representation that is simultaneously knowledgeable, practical,
creative and responsive to client goals and objectives.
The firm’s asset-based lending attorneys are highly skilled in identifying and resolving bankruptcy, tax and environmental
law issues. They also have particular expertise in complex intercreditor issues, including senior and subordinated indebtedness,
liens, payment blockages and standstill provisions. The firm has a great deal of experience in documenting transactions with
challenging collateral categories, including the specialized issues associated with intellectual property collateral. The
firm’s attorneys are well versed in the intricacies of revised Article 9 of the Uniform Commercial Code and can guide clients
through its new issues and procedures. The firm’s asset-based lending attorneys understand the business objectives of asset-based
lending, which enhances the value of the representation.
Increasingly, asset-based lending transactions involve cross-border guarantee and collateral issues. The firm’s strong international
presence and established relationships with international counsel combine to enable the firm to provide premier cross-border
legal advice in transactions with international secured lending issues.
Morrison & Foerster has completed asset-based lending transactions in numerous industries including advertising, apparel,
electronics, finance, healthcare, insurance, manufacturing, media, real estate, retail, automotive, software, telecommunications,
agricultural and food products, forest products, and transportation.
