Partner, Co-Chair Finance & Restructuring Practice Group
CurrentCo-Chair Finance and Restructuring Practice Group. Practice Areas include Corporate and Commercial Finance, Securities, Mergers & Acquisitions and general corporate.Some of Mr. Scharmett's notable engagements include: -representing several of the nation's largest banks and commercial finance companies in structuring and documenting asset-based and other secured loan transactions-representing a group in connection with structuring and effecting a leveraged buy-out of a privately held manufacturer of television system electronics, culminating in the eventual initial public offering and listings of shares of this client on the American Stock Exchange -representing a large structural steel company through a complex work-out with its bank, bonding companies and trade creditors -representing an international specialty equipment manufacturer as special finance counsel in connection with its capital restructuring efforts, and ultimately serving as special finance counsel in connection with its Chapter 11 reorganization-representing a portfolio company of a private equity firm in structuring and implementing a leveraged dividend recapitalization transaction, financed through a specialty finance company-representing a national asset-based lender in connection with a loan to a borrower with collateral locations in 42 states and three foreign countries -representing a group in structuring and effecting a reverse triangular merger/going private transaction of an American Stock Exchange-listed environmental services company -representing an American Stock Exchange-listed animal-health products company in structuring and effecting a reverse stock split/going private transaction -representing an American Stock Exchange-listed company in connection with a Dutch auction self-tender transaction
