Laurie Grant Lang

Partner

ДАЛЛАС


2323 Victory Avenue
Suite 700
Dallas, Texas 75219
т: +1 214.651.5667
ф: +1 214.200.0667


Laurie Lang's practice is concentrated in the areas of general syndicated commercial lending and borrower representation.

She has more than 18 years of experience in commercial, corporate, and real estate lending and workouts. She has represented lenders and borrowers in loan transactions including structuring and documenting secured and unsecured syndicated credit facilities, real estate secured loans, development and construction loans, commercial loans, acquisition facilities, mortgage warehouse facilities, and debtor-in-possession and exit credit facilities. Her representation has also included representation of lenders and borrowers in complex intercreditor relationships and in subordinated or mezzanine financing transactions. She has specific expertise in agency and successor agency transactions and indenture trustee representation.

Specifically, Ms. Lang has represented:

  • Lead agents, lenders and borrowers in syndicated credit transactions involving revolving credit facilities, term loans, letters of credit, multi-currency facilities, cross-border financings, and merger and acquisition financings.

  • Lenders, borrowers and other participants in a wide range of other credit transactions, including bond transactions, commercial paper programs, mortgage warehouse transactions and repurchase facilities.

  • Lenders and borrowers in construction lending, real estate acquisition financings and permanent real estate loans.

  • Lenders, agents, borrowers and other participants in real estate development.

  • Lenders, agents and borrowers in specialized energy financing vehicles.

  • Lenders, agents and borrowers in loan workouts and restructurings across all industries.

  • Companies in public and private offerings of debt securities.

  • Sellers and purchasers in acquisitions and divestitures, and other corporate transactions.

  • Corporate trustees in various corporate finance and municipal finance transactions.

  • Numerous secured and unsecured working capital lines of credit, real estate secured financings and acquisition financings.

  • Lead agents, arrangers, lenders, and borrowers in leveraged financings, involving acquisitions, mergers, spinoffs, and recapitalizations with companies involved in the industrial, manufacturing, media and telecommunications, including the lead agent and arranger in a $12 billion multi-facility financing to a major international telecommunication company.

Selected Representative Experience


$1 Billion Secured Mortgage Warehouse Credit Facility
Represented the administrative agent in negotiating, documenting, and closing a more than $1 billion secured mortgage warehouse credit facility.

$357 Million Secured Credit Facility - Telecommunications
Representation of administrative agent and lead arranger in a $357 million secured credit facility to an integrated communications company, providing local, long distance, high speed data, and internet services to business and government customers.

$4.25 Billion Multi-Facility Financing - Long Distance and Internet Provider
Representation of administrative agent and lead arranger in a $4.25 billion multi-facility with a publicly held international long distance and internet provider and with respect to the administration of such credit facilities during bankruptcy.

$50 Million Representation of a National Bank
Represented national bank in structuring, documenting and closing a senior loan transaction, secured by publicly traded securities subject to trading restrictions under the Securities Laws, and by options to purchase additional public securities.

Debtor-In-Possession Financing - Condominium Project
Represented Hayman Woods Capital in connection with debtor-in-possession financing of an oceanside condominium project.

Principal Counsel - Major Financial Company
Principal counsel to a major corporate and commercial bank as administrative agent on three credit facilities with WorldCom that totaled in excess of $6 billion.

Членства

  • State Bar of Texas
  • Dallas Bar Association
  • Women's Finance Exchange
  • American Bar Association
  • The Real Estate Council
  • Texas Wall Street Women

Публикации

11/18/2009 - Texas Legislative Update: Open Roads Ahead: Texas Legislature Clears the Jam
This past summer, the Texas Legislature narrowly averted a crisis in the Texas auto loan securitization market with the passage of Senate Bill 1592, which overturned an opinion entered on November 28, 2008, by Judge Leif Clark, United States Bankruptcy Court for the Western District of Texas, in the case In re Clark Contracting Services, Inc.

01/18/2006 - Location for National Bank for Diversity Jurisdiction
On January 17, 2006, a unanimous United States Supreme Court held in Wachovia Bank, N.A. v. Schmidt that, for purposes of accessing federal courts under the current diversity jurisdiction statute, 28 U.S.C.§1348, a national bank is a citizen only of the state in which its main office, as set forth in its articles of association, is located.

12/01/2005 - 2005 Texas Usury Reform: Finance Code Amendments Relating to Commercial Loans
In Texas, a lender who contracts for, charges, or receives interest in excess of the amount allowed by law can be subject to harsh penalties.  In 1997 and 1999, the Texas Legislature passed several significant reforms that provided some relief to lenders under Texas’ usury statutes.