We are pleased to announce that MacElree Harvey successfully represented the U.S. subsidiary of a large foreign multi-national corporation in the renewal of a cross border loan of nearly half a billion dollars. Representing our client, together with all its U.S. subsidiaries, in this complex transaction were attorneys Harry DiDonato, Andrew Silverman, and Leo Gibbons, along with the instrumental assistance of Kelly DiSabatino and Christine M. Bigus. On the other side of the transaction, representing the lender, were the large international law firms of Faegre Drinker and Fasken.
In addition to negotiating and documenting the terms of this complicated transaction, the team served as primary coordinating counsel with attorneys located in other jurisdictions to negotiate issues concerning the collateralization of assets in Canada, Delaware, Texas, Pennsylvania, California, Nevada, Montana, Utah, and Florida.
Congratulations to our team in achieving this incredible result for our client!