Mike protects the interests of banks and other lenders in structuring, negotiating and documenting asset-based lending and traditional loan transactions, syndicated credit facilities and construction and real estate loans. He also represents banks and other lenders in workouts, restructurings and other transactions intended to address issues with defaulting borrowers.With more than 20 years of experience representing lenders, clients appreciate Mike’s easy-going style and practical approach to dealing with issues that arise in transactions and finding solutions that help deals get closed.As co-chair of the Finance Practice Group at Taft, Mike is an active leader focused on innovating how we provide legal services to our commercial finance clients and better partner with them to achieve their business objectives. Of particular focus for Mike is developing tools that improve the predictability, transparency and efficiency of legal fees in commercial finance transactions. Representative Experience (Agent's Counsel):• $1,350,000,000 unsecured syndicated revolving and term credit facility to a family owned company in the transportation and fuel industry• $550,000,000 secured syndicated revolving credit facility and term loan to a public company with holdings in the U.S.• $450,000,000 secured, syndicated revolving credit facility to a metals trading company with domestic and international operations;• $300,000,000 secured, syndicated revolving and term credit facility to a national sporting goods retailer;• $250,000,000 secured, syndicated revolving credit facility to a beverage distributor with a national footprint;• $200,000,000 secured, syndicated revolving credit facility to a public company specializing in IoT products and services• $175,000,000 secured, syndicated revolving credit facility to an auto parts distribution company with a national footprint;• $150,000,000 secured, syndicated revolving credit facility to a group of telecommunications service and equipment wholesale companies;• $95,000,000 secured, syndicated revolving credit facility to a large dairy cooperative;Representative Experience (Lender's Counsel):• $100,000,000 secured, revolving credit facility to a family of companies that markets, stores and distributes bulk petroleum products throughout the Upper Midwest;• $80,000,000 secured, revolving credit facility to an agricultural and heavy equipment dealer;• $55,000,000 secured, revolving credit facility to a meat processing and distribution company.
Listed skills include Commercial Finance, Asset Based Lending, Finance, Secured Transactions, and 11 others.