John J. Hanley
Practice Groups and Client Sectors:Financial Services, Transactional Law, Bankruptcy, Restructuring, Corporate
Areas of Focus:Consumer and Commercial Finance, Corporate Bankruptcy, Limited Liability Companies, Emerging Companies, Restructuring, Business Reorganizations & Workouts, Distressed Transactions and Restructuring, Leveraged Finance, Investment Advisers and Other Asset Managers, Debt Finance, Commercial Transactions, Startups & Startup Financing, Technology Licensing, Corporate Governance, Venture Capital & Angel Financing, Employment Law, Creditors’ Rights, Securities, Securities Compliance and Offerings, Mergers & Acquisitions
John J. Hanley focuses his practice on first and second lien financings; private placements of debt and equity securities; and the purchase and sale of loans, securities, trade claims and other illiquid assets. His clients include business development companies, specialty lenders, investment banks, hedge funds, actively managed CLOs, special purpose vehicles, and other financial institutions.
John structures, negotiates and drafts term and revolving credit facilities, commitment letters, consents, waivers, assignments, “big boy” letters, proceeds letters and a range of agreements, including guarantee, intercreditor, subscription, purchase and sale, participation and confidentiality agreements.
Before beginning his legal career, John was a sergeant in the New York City Police Department. He was awarded the Meritorious Police Duty for acts of intelligent and valuable police service, demonstrating special faithfulness or perseverance, as well as the Excellent Policy Duty for intelligent acts materially contributing to valuable accomplishments.
His pro bono work includes working with the Civil Legal Advice and Resource Office to advise low-income New Yorkers on consumer debt issues under the auspices of the New York State Courts Access to Justice Program and Fordham Law School’s Feerick Center for Social Justice.
From 2012 to 2015, John has been selected to the Irish Legal 100 by the Irish Voice.
- Wells Fargo Bank, National Association in connection with the Auction/Offer to buy all of the outstanding senior secured loans ($230 million) issued by The Great Atlantic & Pacific Tea Company, Inc. (A&P).
- CM Finance (Nasdaq: CMFN) in connection with a second lien loan for a buyout of an oil and gas equipment leasing company.
- Highbridge Principal Strategies, LLC in connection with the $195 million first lien credit facility for TouchTunes Interactive Networks, Inc.
- Fortis Capital Management LLC in connection with the purchase of all of the issued and outstanding common stock of Parity Energy, Inc.
- Sandler O’Neill + Partners, L.P. in connection with the private placement of $100 million of debt securities and $100 million of equity of a broker/dealer and $50 million of equity of a regional bank.
- Represented a hedge fund in connection with the purchase and sale of in excess of $1 billion aggregate notional amount of bankruptcy claims (Lehman).
- Represented a top tier bank, based in Europe, in connection with the sale of a $175 million portfolio of non-performing Brazilian pre-export loans.
- Advised The Berkshire Bank in connection with Volcker Rule compliance.
- Represented various hedge funds, trading desks, and special purpose vehicles in connection with par and near par loans, distressed debt, trade claims and related transactions with a market value of in excess of $3 billion.
- J.P. Morgan Securities Inc. as the underwriter for the initial public offering of Seattle Genetics, Inc.
- Represented the underwriter in connection with the public offering by Pepsico Inc. of $300 million of Debt Securities.
- Represented the administrative agent and lead arrangers in connection with a $1.1 billion credit facility for Kinder Morgan Energy Partners, L.P.
- J.P. Morgan Securities Inc. as initial purchaser in connection with the offering of $200 million of Senior Notes by Constellation Brands, Inc.
- Represented the initial purchasers in connection with the offering of $1.75 billion Notes and $1.25 billion of Debentures by Devon Financing Corporation, U.L.C.
- General Electric Company in connection with a corporate restructuring to create a holding company for Canadian assets.
- Deutsche Bank Securities Inc. as initial purchaser in connection with the offering of $250 million of Senior Notes by Vertis, Inc.
- Represented the administrative agent and lead arrangers in connection with a $325 million credit facility for Express Scripts, Inc.
Oct 27, 2013 "Covenant Lite, Convergence and Consequences: Observations on Leveraged Loans and High Yield Bonds", LSTA 17th annual conference