Robert A.J. Barry

Partner

Note: This list includes engagements completed prior to joining Morgan Lewis.

Front-End Representation

• $1 billion senior secured asset-based credit facility to a regional retailer in connection with the acquisition of a division of a national retailer.
• $100 million senior secured revolver and term loan to a national restaurant company in connection with a recapitalization involving placement of $27 million of subordinated debt.
• Representation of agent and arrangers in connection with credit facilities provided to finance the tender offer to purchase the largest franchisee of a national restaurant chain.
• $60 million senior secured credit facility to an auto parts supplier composed of $74 million asset-based revolver, $3.5 million secured tranche B term loan, and $6 million ex-im bank revolver.
• $125 million senior secured asset-based working capital facility to a national clothing retailer.
• $30 million senior secured working capital revolver to a Mexican restaurant chain in connection with the issuance of $105 million of junior secured term notes.
• $85 million of senior secured working capital facilities to an international specialty paper company composed of $60 million U.S. borrowing base revolver and $20 million German modified borrowing base revolver.
• $100 million senior secured asset-based working capital facility to a national electronics retailer.
• $500 million borrowing base revolver to a high-end jewelry retailer.
• $110 million borrowing base revolver and secured tranche B facility to a national furniture retailer.
• $65.5 million asset-based revolver and term loan facility to a manufacturer of western apparel and accessories.
• $10 million secured tranche B term loan facility to finance the purchase of a novelty retailer.
• $58 million borrowing base revolver and $12.5 million tranche B term loan facilities to a high-end regional jewelry retailer.
• $140 million asset-based senior secured credit facilities to a regional high-end department store chain with borrowing base governed by inventory, private label credit cards, and real estate.
• $40 million secured tranche B loan to a provider of pay phone services to prison facilities.
• $60 million senior secured revolver and $80 million asset-backed commercial paper conduit program. Original facilities were put in place in connection with a national retailer’s exit from bankruptcy.
• $10 million senior secured tranche B and $5 million junior secured tranche C debtor-in-possession term loans to a specialty retailer.
• $100 million senior secured borrowing base revolver in connection with a clothing manufacturer’s exit from bankruptcy.
• $180 million senior secured borrowing base revolver and term loan to an aluminum company.
• $150 million senior secured revolver and term loan acquisition financing to a plastic manufacturer.
• $245 million senior secured international revolver and term loan acquisition financing to a multinational used clothing retailer.
• $88.5 million senior secured borrowing base revolver, term loan, and precious metals consignment facility in connection with the recapitalization of a jewelry manufacturer.
• $25 million lease warehouse facility and $80 million asset-backed commercial paper conduit program to a small ticket lease company.
• $300 million senior credit facility. Original facility was a fully secured borrowing base revolver and gold consignment facility in connection with a national jewelry chain’s exit from bankruptcy.
• $30 million senior secured revolver and term loan to a national restaurant chain.
• $75 million partially secured loan to equity sponsor group to cash out certain founding partners.

Restructuring Representation

• Representation of a senior secured first and second lien lender in connection with bankruptcy filing and liquidation of a furniture retailer and manufacturer. Prepetition facilities included $45 million borrowing base revolver and $12 million tranche B loan. After the bankruptcy filing, the prepetition facility was refinanced with a $35 million debtor-in-possession facility.
• Representation of senior secured asset-based lenders to an international specialty paper company in connection with a $30 million debtor-in-possession U.S. working capital facility and the restructuring of a $30 million formula-based German working capital facility.
• Representation of an agent in connection with $305 million debtor-in-possession senior secured credit facilities to a specialty athletic footwear and licensed shoe department retailer. Facilities included $225 million borrowing base revolver and $30 million tranche B and $50 million tranche C formula-driven term loans.
• Representation of a $10 million secured tranche B lender in connection with the liquidation of a national specialty toy retailer.
• Representation of an agent under $125 million senior secured working capital credit facility to a personal safety products manufacturer. Restructuring of the company and eventual payment in full of senior debt was accomplished through a prepackaged bankruptcy filing that converted $100+ million of junior debt into equity of company.
• Representation of a regional high-end department store chain in its roll-up of prepetition senior secured credit facilities into $100 million DIP and eventual going out of business and liquidation.
• Representation of an automotive parts supplier and defense subcontractor in the restructuring and successful refinancing of $170+ million senior credit facilities involving the sale of the automotive assets and restructuring of subordinated debt.
• Representation of a home product retailer in the repayment of a secured tranche B loan in connection with bankruptcy and liquidation, utilizing consensual use of cash collateral during going-out-of-business sales.
• Representation of a national jewelry chain in the restructuring of $100+ million of senior bank debt and securitization facilities, and in the recovery of debt in connection with eventual bankruptcy.
• Representation of a small-ticket item leasing company with warehouse and conduit facilities in its restructuring, liquidation, and eventual bankruptcy.
• Representation of a high-tech component parts manufacturer in the restructuring of $170 million of credit facilities.
• Representation of a commercial linen supplier in the restructuring of $125+ million of credit facilities.
• Representation of a restaurant chain in the restructuring and successful refinancing of $200+ million in credit facilities.
• Representation of a national employment services business in the restructuring and partial refinancing of approximately $75 million of debt.
• Representation of a class ring and scholastic services company in the restructuring of $100 million of credit facilities.