Sakina Rasheed is an associate in the Financial Transactions Practice Group in the Dallas office of Haynes and Boone, LLP. Her practice is focused on the representation of financial institutions and borrowers in commercial loan transactions. She earned her J.D. from The University of Texas in 2003 and her B.B.A. from Southern Methodist University in 2000.
- Assisted with representation of a private equity firm in its acquisition of a manufacturer of specialty paper and related acquisition financing of $21.5 million of senior and $10 million of senior subordinated loans secured by real and personal property.
- Assisted with representation of AMR Corporation, parent company of American Airlines and American Eagle, in its selection and purchase of General Electric GEnx engines for its future fleet of Boeing 787-9 aircraft.
- Assisted with representation of a private investor group in its acquisition of a chain of liquor stores and the restructuring and assumption of a related $33 million acquisition financing line of credit secured by real and personal property.
- Assisted with representation of a private equity firm in its acquisition of Kansas' largest oilfield supply company and related acquisition financing of $21.5 million of senior secured and $6.5 million of senior subordinated secured loans.
- Assisted with representation of a distributor of home-related furnishings and products in connection with a $43.5 million asset based loan comprised of a senior secured revolving credit and term loan facility.
- Assisted with representation of a leading provider of cathodic protection systems and engineering services in connection with a US $16.675 million and CAN $12.325 million senior secured asset based revolving credit facility.
- Assisted with representation of a leading processor of Medicare Part B claims reimbursement for pharmacies, managed care and commercial organizations in connection with a $13 million senior secured and $6 million subordinated secured loan.
- Acted as counsel to a lender in the documentation of a $15 million secured revolving credit facility to a commercial real estate company.
- Represented a prominent regional bank in negotiating, documenting and closing a secured term loan and revolving credit facility to a pharmaceutical company.
- Assisted with representation of a prominent Texas family office in connection with a proposed loan facility secured by structured settlements.
- Assisted with formation of the first privately-sponsored investment fund focused on the development of a secondary market for mortgage and micro-loans originated in Latin America.
- Named to the Lawyers of Color "First Annual Hot List," 2013
- Selected for inclusion in Texas Super Lawyers - Rising Stars Edition 2010
- American Bar Association
- State Bar of Texas
- Dallas Bar Association
- Dallas Association of Young Lawyers
- Dallas Asian American Bar Association (President for 2014; President-Elect for 2013; Board Director and Co-Chair of the 2012 DAABA Awards Event Committee)
- Dallas Association of Young Lawyers Foundation Fellow
Selected Representative Experience
Acquisition of Thermal & Mechanical Equipment, LLC
Represented Luther King Capital Management in the acquisition of Thermal & Mechanical Equipment, LLC, a manufacturer's representative agency and distributor specializing in engineering design, sales and distribution of heat transfer, filtration and process equipment.
Layered Technologies Acquisition of NewWorldApps
Represented compliant hosting and cloud services provider in its acquisition of a compliant cloud hosting company servicing the government sector.
Layered Technologies, Inc. Secured Credit Facility and Organizational Restructure
Represented Layered Technologies, Inc. in connection with a secured facility with a private lender and a simultaneous restructuring of the borrower.
American Airlines Sale of $1 Billion in Prepaid Miles
Represented American Airlines in securing $1 billion in liquidity through the negotiation of the prepaid sale of AAdvantage miles to Citibank N.A. together with $1.8 billion in certain aircraft related transactions.
Wingate Partners IV, L.P. Acquisition of Sunrise Oilfield Supply, Inc.
Represented Wingate Partners in its purchase of stock of Sunrise Oilfield Supply, Inc.
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.
Dallas Axle and Hub
Represented NuEra International, Inc. in its acquisition of Dallas Axle and Hub, Inc.
Roll-Up - Animal Health Facilities
Represented Unified Growth Partners, LLC, through its acquisition company in a strategic roll-up of multiple advanced care veterinary facilities around the United States.
02/28/2013 - ABA Business Law Section Newsletter Guest Article: Master the Art of Email
We have all been guilty of drafting a substandard e-mail at some point-missing subject lines, typographical errors, misspelled words, overly vague references to a person or document, using ALL CAPS or forgetting an attachment. As a lawyer, you have either received or, in the heat of a stressful deal or case, sent an e-mail that could have been drafted more eloquently. However, consistently drafting well-crafted and polished e-mails is a simple way to set you apart as a young lawyer.
06/29/2012 - Sue Murphy and Sakina Rasheed in Dallas Bar Association Headnotes: Beware of Hidden Liens
Whether you are representing a secured lender, litigant, purchaser, debtor, or a client in bankruptcy, understanding whether the assets at issue are encumbered by liens can be critical. Many people mistakenly believe that UCC, judgment lien, tax lien and real property searches will disclose the universe of potential liens on a borrower’s assets. However, a number of other liens may be lurking, hidden from such searches.
02/03/2009 - Legislation Requiring Investment Fund Registration Introduced in the U.S. Senate
On January 29, 2009, Senators Chuck Grassley (R-Iowa) and Carl Levin (D-Michigan) introduced the Hedge Fund Transparency Act of 2009 (the “Act”) in the United States Senate with the stated purpose of imposing more extensive regulatory oversight of hedge funds. However, the bill is not limited to hedge funds; it generally would apply to, and dramatically impact, all private funds (including private equity and venture capital funds) that rely on an exemption from registration under Section 3(c)(1) or Section 3(c)(7) of the Investment Company Act of 1940, as amended (the “Company Act”).1