Sakina Rasheed

Practices

Industries

Education and Clerkships

J.D., University of Texas at Austin School of Law, 2003

B.B.A., Southern Methodist University, 2000, cum laude

Bar Admissions

Texas, 2004

Languages

Urdu

Profile

Sakina Rasheed Foster is Counsel in the Finance 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 as well as airlines and aviation matters. Sakina has experience in advising banks, private equity firms, corporations and individuals in connection with senior and subordinated financing, including drafting documentation and negotiating deal points for syndicated and single bank loan facilities, asset-based lending, acquisition financings, real estate construction loans, mortgage warehouse lending and loans secured by unique collateral, such as aircraft, railcars and mortgage servicing rights.

Sakina’s work on aviation matters includes drafting and negotiating aircraft and engine leases, aircraft financings, complex regional airline flying arrangements, purchase agreements, maintenance agreements and assignments of warranty obligations related to aircraft and engines. She has represented American Airlines, Inc. in connection with a number of capacity purchase agreements, aircraft leases, engine purchase agreements and related arrangements.

In addition, Sakina represents borrowers in intercreditor relationships and in subordinated financing transactions.

Sakina is a trusted advisor to her clients and works diligently to understand their businesses and crafts practical solutions to suit their needs. She earned her J.D. from The University of Texas in 2003 and her B.B.A. from Southern Methodist University in 2000.

Honors

DMag Best Lawyers 2015

Haynes and Boone Maintains Strong Presence on D Magazine’s Best Lawyers List

D Magazine recognizes 36 Haynes and Boone, LLP lawyers in their annual Best Lawyers of Dallas directory; an increase over last year’s showing and doubling the 2014 list.

Pro Bono

Haynes and Boone and Yetter Coleman Win Ruling on Behalf of Texas Children in Long-Term Foster Care

Haynes and Boone and Yetter Coleman Win Ruling on Behalf of Texas Children in Long-Term Foster Care

Lawyers with Haynes and Boone, LLP and Yetter Coleman LLP won a sweeping victory in a federal civil rights class action on behalf of 12,000 Texas children in long-term foster care.

Selected Client Representations

  • Represented American Airlines, Inc. in negotiation of regional flying arrangement between American Airlines, Inc. and another carrier, which involved a Capacity Purchase Agreement (CPA), aircraft and engine leases between American Airlines, as lessor, and the regional carrier, as lessee, bailment agreements and maintenance agreements.
  • 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.

Professional Recognition

  • Recognized as a Best Lawyer in Dallas by D Magazine, D Magazine Partners, for Banking and Finance, 2016
  • Recipient of the Dallas Association of Young Lawyers Outstanding Young Lawyer Award, 2015
  • Asian Pacific Interest Section of the State Bar of Texas Outstanding Mentor Award, 2015
  • Named to the Lawyers of Color "First Annual Hot List" by Lawyers of Color LLC, 2013

Community

Dallas Bar Association

Sakina Rasheed Foster Appointed 2016 DBA Secretary-Treasurer

Haynes and Boone, LLP Counsel Sakina Rasheed Foster has been appointed secretary-treasurer of the Dallas Bar Association for 2016.

Professional and Community Activities

  • Dallas Asian American Bar Association (Former President and Director) 
  • Dallas Bar Association, Secretary-Treasurer and Peer Assistance Committee Member
  • Leadership Dallas Member, Class of 2016
  • Dallas Association of Young Lawyers Foundation Fellow
  • Dallas Bar Association Fellow
  • State Bar of Texas LeadershipSBOT, Class of 2013-2014
  • American Muslim Professionals of Dallas (Former Advisory Director)
  • State Bar of Texas Lawyers’ Assistance Program Committee Member

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