Finance

Our asset-based lending team represents debt investors and financial institutions across industries around the globe. We advise our clients in deals ranging from bilateral loans to club deals to multi-lender syndicated credit facilities, tailoring transactions to meet their objectives by providing strategic, actionable solutions customized to market conditions particular to a business or industry. Clients benefit from our team’s experience representing lenders in transactions involving collateral and borrower business operations worldwide.

With teams across the United States, Europe, Asia, and the Middle East, our global reach and network enable us to provide swift, targeted advice in domestic and cross-border transactions. We successfully team with our clients to navigate a broad spectrum of complex challenges and structures.

In aviation finance, we guide investors, lessors, and financiers through market volatility, regulatory challenges, and changing capital conditions, helping them overcome industry obstacles with legal precision.

We also serve international, regional, full-service, and low-cost airlines; cargo carriers and air taxi companies; airports and airport operators; aircraft and engine manufacturers and aviation service providers; and corporations, ultra-high-net-worth individuals, and aircraft operators.

Our bankruptcy and restructuring team is known for its representation of bank agents and groups of lenders, major creditors, and investors both in and out of court, across a broad spectrum of industries. We provide strategic advice and solutions to financial institutions, funds, ad hoc committees, creditors, and investors in distressed situations across the globe. We distinguish ourselves through our combination of transactional, restructuring, and workout capabilities and our dedicated trial and appellate litigators, who focus on bankruptcy and insolvency trials and appeals.

Among our areas of particular experience are liability management transactions, where we represent agents and revolving and term loan lenders; domestic and cross-border project and infrastructure finance restructurings and insolvencies; real estate, where we represent senior and mezzanine lenders in numerous workouts, bankruptcies, and litigations involving a wide variety of commercial real estate; energy projects, in matters involving power plants of all sorts, oil and gas development, offtake agreements, fuel storage facilities, airports, and other development projects; and healthcare, where we represent senior secured lender clients in workouts and litigations involving hospitals, nursing homes, and other providers.

Our borrower finance team serves as a trusted adviser to borrowers and issuers across the full spectrum of domestic and cross-border commercial lending transactions. With global reach and deep experience in many key non-US jurisdictions and across multiple industries, the Morgan Lewis borrower-side team serves a broad range of clients from investment-grade to the lower middle market, including public and private companies, private equity sponsors/funds and their portfolio companies, family offices, venture capital portfolio companies, special purpose vehicles, and joint ventures.

Partnering with chief financial officers, treasurers, directors of finance, heads of capital markets, in-house counsel, and private equity business development and operations teams, we help manage not only our clients’ front-end financing needs and the future of their businesses/investments but also in-court and out-of-court workouts and other insolvency-related matters should the need arise.

Our cash flow and leveraged finance team represents commercial and investment banks, institutional investors, and private credit lenders across industries and around the globe. Our team is recognized for its practical, cost-efficient, and commercial approach that results in closed transactions and repeat engagement with clients.

We represent institutional investors, including insurance companies, asset managers, investment funds, banks, alternative lenders, and other participants in the private credit and capital markets, with a particular focus on institutional private placement and cross-border financing transactions. Our lawyers advise purchasers and other private credit lenders on US and non-US secured and unsecured debt securities and loan transactions, including transactions involving complex corporate and ownership structures, sophisticated payment and covenant provisions, intercreditor arrangements, and credit support from affiliated and third-party entities.

Drawing on the firm’s deep bench in bankruptcy, structured finance, investment funds, securities regulation, tax, ERISA and other regulatory matters, we deliver practical, business-focused advice designed to efficiently structure, negotiate, and close complex financing transactions.

Our first-tier private credit team represents private credit funds, business development companies, specialty finance companies, family offices, sovereign wealth funds, insurance companies, and other non-bank lenders in direct lending and other extensions of credit across a broad array of financing structures and industries.

We represent lenders in domestic and cross-border transactions with borrowers ranging in size from emerging companies to investment grade, with a focus on the middle market. We represent market leaders, next-tier players, and recent entrants to the market in senior financings, unitranche financings (including first-out/last-out facilities), second lien, mezzanine and holdco financings, asset-based financings, preferred equity, warrants and co-investments, debtor-in-possession financings, and exit financings. 

We advise investors, lenders, sponsors, and corporations on opportunistic and complex-credit transactions that arise from dislocation—whether driven by capital structure strain, liquidity constraints, asset illiquidity, cyclical headwinds, or market or regulatory shocks. We help clients design and execute bespoke solutions across the balance sheet, combining robust structural protections with participation economics where appropriate.

By coordinating finance, restructuring, corporate, capital markets, funds, tax, regulatory, and real estate capabilities, we provide a single, coherent team for transactions that do not fit standard templates—from initial structuring and diligence through documentation, stakeholder management, and, when needed, enforcement or contested outcomes. We are frequently engaged pre-distress to assess downside scenarios and map intercreditor and governance dynamics.