In the News

Haynes and Boone Advises Super D in Acquisition of Alliance Entertainment

A team of Haynes and Boone, LLP lawyers advised Super D, a global music wholesaler, in its acquisition of Alliance Entertainment Holding Corporation, a multimedia wholesale distributor, from Platinum Equity and the Gores Group. >>



Laura Lesikar Whitley

Associate

Dallas


2323 Victory Avenue
Suite 700
Dallas, Texas 75219
T +1 214.651.5005
F +1 214.200.0515

Areas of Practice

Education

  • J.D., University of Richmond School of Law, 2006, magna cum laude, Manuscripts Editor, Richmond Journal of Global Law and Business
  • B.B.A., College of William & Mary, 2003

Bar Admissions

  • Texas, 2006

Judicial Clerkships

Judicial Intern, Honorable Elizabeth B. Lacy, Supreme Court of Virginia (2005)
Laura Lesikar Whitley

Laura Lesikar Whitley is an associate in the Finance Practice Group in the Dallas office of Haynes and Boone, LLP. Laura's practice is focused on the representation of financial institutions and borrowers in commercial loan transactions, including subscription secured credit facilities, syndicated credit facilities, secured and unsecured working capital lines of credit, acquisition financings, and other commercial loans. In addition, Laura has experience representing agents in agency and successor agency transactions.

Representative Matters

  • Representation of agents, lenders and borrowers in syndicated credit transactions involving revolving credit facilities, term loans, letters of credit, multi-currency facilities, cross-border financings, and acquisition financings.
  • Representation of administrative agents and lead arrangers in connection with subscription secured credit facilities.
  • Representation of arranger, letter of credit issuer and administrative agent in connection with a $1 billion unsecured revolving credit facility.
  • Representation of a natural gas and oil company in connection with a $1.5 billion senior secured credit facility.

Publications

  • "Paying Lease Bonus with Time Drafts – Inspection Report on a House of Cards," co-author with Terry I. Cross, State Bar of Texas Oil, Gas and Energy Resources Law Section Report, December 2008.

Memberships

  • State Bar of Texas
  • Dallas Bar Association
  • American Bar Association

Selected Representative Experience


$600 Million Capital Commitment Subscription Financing - Real Estate Private Equity Fund
Represented major national banking institution as lead agent and lead arranger in $600 million syndicated capital commitment subscription-secured credit facility for real estate private equity funds.

Alliance Acquisition
Represented CD Listening Bar, Inc. d/b/a Super D in its acquisition of Alliance Entertainment Holding Corporation, a multimedia wholesale distributor.

Acquisition of the Assets of USA Mobile Crane, LLC by Allegiance Crane & Equipment, LLC
Represented Allegiance Crane & Equipment, LLC, a subsidiary of Prophet Equity LP, in its acquisition of the assets of USA Mobile Crane, LLC.

Ruby Tuesday Acquisition of Assets of Lime Fresh
Represented Ruby Tuesday, Inc. in its $24 million acquisition of assets of Lime Fresh Mexican Grill, Inc. and its affiliates. The asset purchase includes the brand's intellectual property rights and the assets of seven company owned restaurants, as well as royalties from five franchised restaurants.

$1.5 Billion Syndicated Credit Facility for Publicly Traded E&P Company
Represented lead arranger and administrative agent in connection with a $1.5 billion syndicated credit facility for QEP Resources, Inc., a NYSE-listed leading independent natural gas and oil exploration and production company with operations focused in the Rocky Mountain and Midcontinent regions of the United States, and natural gas gathering, processing and storing assets.

$1 Billion Unsecured Revolving Credit Facility
Represented arranger, letter of credit issuer and administrative agent in connection with an unsecured revolving credit facility.

$1.5 Billion Letter of Credit Facility
Represented arranger, letter of credit issuer and administrative agent in connection with an unsecured letter of credit facility, with pricing being determined by credit default swap rates.

$50 Million Credit Facility
Representation of arranger and administrative agent in connection with a secured multi-currency credit facility.

$400 Million Credit Facility
Represented arranger and administrative agent in connection with a secured revolving credit facility to the operator of vending machines.

$600 Million Letter of Credit Facility
Represented lead arranger, letter of credit issuer and administrative agent in connection with an unsecured letter of credit facility supporting reserve requirements of a reinsurance company.

$1 Billion Letter of Credit Facility
Represented lead arranger, letter of credit issuer and administrative agent in connection with an unsecured letter of credit facility supporting reserve requirements of reinsurance companies, with pricing being determined by credit default swap rates.

$450 Million Acquisition Facility - Insurance Holding Company
Represented the administrative agent and lead arranger in an unsecured $450 million credit facility to an insurance holding company in conjunction with its acquisition of another insurance company and its wholly-owned subsidiaries.

$3 Billion Multi-Currency Facility - International Credit Card Provider
Represented the administrative agent and lead arranger in a syndicated $3 billion five-year, multi-currency, unsecured revolving credit facility to an international credit card provider and two of its domestic subsidiaries, entered into in conjunction with an initial public offering.

Recapitalization - Medical Benefits Claims Company
Represented CIC Partners, LP, when it partnered with the founder of the market leader in processing medical benefit claims to recapitalize the company.

$2.85 Billion Revolving Credit Facility - Insurance Holding Company
Represented the administrative agent and lead arranger in a syndicated $2.85 billion five-year revolving credit facility to an insurance holding company and its subsidiary. 

$5 Billion Unsecured Revolving Credit Facilities - Financial Industry
Acted as counsel to two money center national banks in negotiating, documenting and closing multi-year unsecured revolving credit facilities aggregating more than $5 billion to a major finance company.

Purchase of Interest in Agricultural Concern
Represented CIC Partners, LP, in its purchase of a major interest in an agricultural concern, an entity created by the merger of two agricultural companies.

$250 Million Secured Multi-Year Revolving Credit Facility - Energy
Acted as counsel to a national bank in negotiating, documenting and closing a $250 million secured multi-year revolving credit facility to a provider of energy storage and transportation services and its subsidiaries.

Credit Facilities to Special Purpose Entities
Represented two major money center national banks in a credit facility to a special purpose entity created by a private equity fund for the purpose of financing equity investments in portfolio companies.

Online Publications

12/01/2008 - Paying Lease Bonus with Time Drafts - Inspection Report on a House of Cards
The recent roller coaster ride for bonus prices in oil and gas leasing transactions has directed a spotlight on the familiar time draft, or sight draft, often used to pay lease bonus.