
Transactional Practice
Hodgson Russ represents banks and other lenders and borrowers in a variety of commercial lending and finance transactions, including:
- Lines of credit, revolving credit facilities, and formula-based inventory and accounts receivable loans
- Asset-based lending
- Term loans
- Letters of credit
- Acquisition financing
- Real estate acquisition, construction, and permanent financing
- Equipment leasing and finance
- Cross-border secured and unsecured credit facilities
- Securitized conduit credit facilities
- Receivables purchase transactions
- High-yield note issuances
- Subordinated debt issuances
- Agented syndicated credit facilities
- Public finance transactions, including tax exempt bonds
- Restructuring and workouts
- Debtor-in-possession financings
Our lender clients include commercial banks, asset-based lenders, equipment leasing companies, and other domestic and international traditional and non-traditional lenders.
We represent publicly traded and private companies and nonprofit entities, including colleges, universities, and health care facilities, as borrowers.
We frequently assist our clients with the negotiation of interest rate swaps and inter-creditor and subordination agreements and with a wide range of collateral types covered by the Uniform Commercial Code or by other federal and state law. With our tax and employee benefits lawyers, we provide Employee Retirement Income Security Act (ERISA) and tax advice in the lending context.
We assist borrowers in arranging for, negotiating, and closing financing transactions of all sorts.
Restructuring and Insolvency
We represent our lender clients in the enforcement of personal property security interest and real estate foreclosures and other enforcement proceedings. We also assist both lenders and borrowers in restructuring and workouts, debtor-in-possession financings, and bankruptcy proceedings, including cross-border proceedings.
Public Finance
We act as bond counsel to a wide variety of public issuers, ranging from simple note financings of equipment to complex refundings and revenue bond transactions. We routinely act as bond counsel, underwriter’s counsel, and trustee’s counsel and handle environmental-State Environmental Quality Review Act (SEQRA) matters in connection with the issuance of industrial revenue bonds, revenue anticipation notes, tax anticipation notes, budget notes, certificates of participation, statutory installment bonds, bond anticipation notes, and serial bonds for issuers located throughout New York State and elsewhere.
Banking Corporate Practice
Our banking attorneys have substantial experience in dealing with the following matters affecting financial institutions:
- Handling acquisitions of businesses by banks
- Assisting in purchases and sales of branch offices by banks
- Advising on responsibilities of directors and officers
- Drafting charter and by-law amendments
- Assisting with annual and special meetings of shareholders, including preparing proxy materials
- Drafting stock option and other compensation plans for officers and employees
Hodgson Russ has been awarded a prestigious "Best Law Firms" Metropolitan Tier 1 ranking by Best Lawyers/U.S. News & World Report in the Banking and Finance Law category. | ![]() |
- $1.1 Billion Syndicated Secured Revolving Credit Facility
- $100 Million Trade Receivables Securitization
- $11.6 Million Refunding of Nonprofit's Existing Tax-Exempt Bonds
- $117 Million Credit Facility for Canadian Mutual Fund
- $19 Million Syndicated Building Loan
- $225 Million Syndicated Secured Revolving Credit Facility
- $27 Million Syndicated Construction Financing with Brownfield Tax Credits
- $28 Million Syndicated Building Loan
- $300 Million Trade Receivables Financing
- $35 Million Refunding of College’s Tax-Exempt Bonds
- $40 Million Dividend Recapitalization Financing
- $40 Million in Revolving and Term Loans Finance New Manufacturing Operation
- $50 Million Receivables Purchase Facility for a Global Mining Company
- $500 Million Senior Notes Offering
- $75 Million Asset-Based Revolving Credit Facility
- Acquisition of More Than 500 Bank Branches Representing $6.5 Billion in Deposits
- Appellate Ruling Confirms Bank Client's Priority Lien Rights to Accounts Receivable
- Building and Project Loans for Wind Energy Project
- C$150 Million Asset-Based Lending Transaction for Family-Owned Canadian Manufacturer and Its U.S. Subsidiaries
- Complex Finance Transactions for a Developer
- Construction and Permanent Loans From Institutional and EB-5 Lenders for Hospitality Campus
- Development and Financing of Medical Office Building
- Development of transit stations
- Development, Financing of Low-Income Housing for Community Action Organization
- Establishment of Equipment Leasing and Financing Programs for Equipment Vendor Client
- Establishment of Dodd-Frank-Compliant Reporting and Record-Keeping Protocols for Cross-Border Corporate Client
- Finance Transaction for International Investor
- Financing involving a Rental Equipment Business
- Large Multi-Family Housing Acquisition and Related Financing
- Life Insurance Premium Financing Strategy Employed to Offset Estate Tax, Provide Significant Inheritance
- Loan Refinance for Historic Building
- Mortgage Financing Matters
- Multi-Family Housing Purchase and Financing
- Multi-Transaction Roll Up of Retail Stores and IPO
- Multijurisdictional Construction Loan
- Multiple Acquisitions, Finance Transactions for Developer/Investor
- Multiple Real Estate Transactions for Publicly Traded Financial Institution
- Permanent Financing for Multipurpose Condominium Project
- Real Estate Acquisitions, Financing for Large Investment Company
- Real Property Matters Involving Regional Health Systems
- Refinancing a Nonprofit's Existing Tax-Exempt Fixed-Rate Bonds
- Representation of Banking Client in a Syndicated $100 Million Asset-Based Loan Facility to a Major Clothing Designer
- Representation of Corporate Borrower in a Syndicated $22 Million Asset Based Loan Facility
- Representation of Integer Holdings Corporation in $1.7 Billion Acquisition
- Representation of Meat Distributor in Chapter 11 Proceedings
- Represented Lenders for Food and Beverage Manufacturers
- Represented Banking Client in a $10 Million Asset-Based Loan Facility to a Beauty Care Company
- Represented Banking Client in a $15 Million Asset-Based Loan Facility to a Footwear Distributor
- Represented Banking Client in a $5.5 Million Asset-Based Loan Facility to a Real Estate Investment Company
- Represention of Banking Client in Construction Loans Aggregating $17 Million
- Successful Tax-Free Pro Rata Spin-Off of Medical Device Company
In the News
- Buffalo Business First, June 25, 2021
- October 26, 2020
- Buffalo Business First, July 18, 2019
- MortgageOrb, October 9, 2018
- Buffalo Law Journal, June 6, 2016
- October 17, 2011
- December 21, 2010
Press Releases
- Hodgson Russ Press Release, August 23, 2022
- Hodgson Russ Press Release, August 19, 2022
- Hodgson Russ Press Release, November 15, 2021
- Hodgson Russ Press Release, April 27, 2020
- Press Release, November 18, 2015
- Press Release, August 24, 2015
- Press Release, May 7, 2015
Publications
- Hodgson Russ Banking & Finance Alert, March 27, 2023
- Hodgson Russ Banking & Finance Alert , March 13, 2023
- Hodgson Russ COVID-19 Litigation and Employment Action Team Alert, February 8, 2021
- Hodgson Russ Banking & Finance Alert, June 4, 2020
- Hodgson Russ Banking & Finance Alert, May 26, 2020
- Hodgson Russ Banking & Finance Alert, May 18, 2020
- Hodgson Russ Banking & Finance Alert, May 13, 2020
- Hodgson Russ Banking & Finance Alert, April 24, 2020
- Hodgson Russ Banking & Finance Alert, April 24, 2020
- Hodgson Russ Banking & Finance Alert, April 10, 2020
- Hodgson Russ Banking & Finance Alert, April 8, 2020
- Hodgson Russ Banking & Finance Alert, March 30, 2020
- Hodgson Russ Banking & Finance Alert, March 30, 2020
- Hodgson Russ Banking & Finance Alert, March 24, 2020
- Hodgson Russ Cross-Border Finance Alert, January 8, 2020
- Banker Bulletin, March 5, 2019
- Banker Bulletin Alert, January 31, 2019
- American Banker, June 16, 2014
- Finance & Bankruptcy Alert, March 12, 2010
- Lawyers Weekly, August 21, 2009
Presentations & Events
- September 28, 2020
- September 10, 2020
- September 3, 2020
- August 20, 2020
- August 10, 2020
- August 7, 2020
- July 29, 2020
- July 7, 2020
- April 6 & 13, 2020
- April 1 & 2, 2020
- Buffalo, NY, September 11, 2012
- Buffalo, NY, April 22, 2009