Ann Richardson Knox

Partner

New York


30 Rockefeller Plaza
26th Floor
New York, 10112
T +1 212.659.4967
F +1 212.884.8227

Áreas de Practica

Educación

  • J.D., Columbia University in the City of New York, 1998, Special Projects Editor, Human Rights Law Review
  • B.S., Industrial and Labor Relations, Cornell University, 1994

Bar Admissions

  • California
  • New York

Ann Richardson Knox is a partner in Haynes and Boone's Finance Practice, resident in our New York office. She negotiates and documents complex secured loans and financings on behalf of major financial institutions and non-traditional lenders such as private equity funds, hedge funds, venture capital funds and project finance lenders.

Ann represents major U.S. and foreign banks as lead agent and arranger, in syndicated credit facilities, mezzanine financings and commercial loans to:

  • opportunity funds, energy funds and other entities seeking liquidity, in credit facilities secured by the capital commitments of fund investors;
  • funds and corporations seeking to leverage their portfolios, in credit facilities secured by such portfolios of private equity, mezzanine and debt investments;
  • real estate funds, secured by their real estate portfolio, including pools of commercial real estate and hospitality properties;
  • corporations and other entities, in capital market and high-yield transactions.

Additionally, Ann represents alternative lenders such as private equity funds, hedge funds, venture capital funds and project finance lenders, in:

  • secured first and second lien credit facilities and note purchases;
  • workouts and exit financings;
  • negotiation, structuring of acquisition and portfolio company financing in both friendly and hostile acquisitions.

Recent representations include:

  • Represented the lead lender and agent in a $1.5 billion subscription secured facility to an international real estate opportunities fund;
  • Represented the lead lender and agent in a $1.75 billion subscription secured facility to an international real estate opportunities fund;
  • Represented the agent and lead lender in a $400 million revolving credit facility secured by a pool of hotel properties in multiple states;
  • Negotiated and documented workout financing for a distressed health care company consisting of first and second lien facilities;
  • Represented the agent in connection with the negotiation and documentation of exit financing for a paper products company;
  • Represented the agent and lead lender in a $400 million revolving credit facility secured by a pool of commercial properties owned by a real estate opportunities fund;
  • Represented the issuer in a $6.05 billion self tender offer, the then-largest issuer self-tender;
  • Represented the purchaser in structuring acquisition financing for a $2.6 billion hostile tender offer;
  • Completed various cross-border financings involving the UK, Poland, France, Luxembourg, Canada, Bermuda, Cayman Islands, British Virgin Islands, Colombia, Brazil, and Iraq.

Selected Representative Experience


Multi-Currency Financing - Mirant - Sale of Caribbean Assets
Represented Mirant Corporation in its divestiture of various Caribbean majority-owned and minority-owned power-related assets and operation.

$2.6 Billion Structured Acquisitions Financing
Represented the purchaser in structuring an acquisition financing for a $2.6 billion hostile tender offer.

Memberships

  • American Bar Association
  • New York County Lawyer's Association

Online Publications

09/01/2010 - NY Court of Appeals Rules Lender Reliance on Borrower Financial Representations without Independent Investigation is not Unreasonable
An almost universal feature of commercial loan agreements is the inclusion of representations and warranties regarding the financial statements and condition of the borrower. A recent case examined whether under New York law, sophisticated lenders can reasonably rely upon such representations in asserting claims of fraud instead of being required to make an independent investigation into the books and records of the borrower. As seen in Pratt's Journal of Bankruptcy Law, Vol. 6, No. 6, September 2010.

07/08/2010 - NY Court of Appeals Rules Lender Reliance on Borrower Financial Representations Without Independent Investigation is not Unreasonable
An almost universal feature of commercial loan agreements is the inclusion of representations and warranties regarding the financial statements and condition of the borrower. A recent case examined whether under New York law, sophisticated lenders can reasonably rely upon such representations in asserting claims of fraud instead of being required to make an independent investigation into the books and records of the Borrower.