Michael L. Owen, a partner with the firm's
Business practice, is engaged in a wide variety of debt finance transactions for
banks and other financial institutions, private equity funds, and public and
closely-held companies. His practice includes acquisition finance;
private-equity-backed leveraged buyouts and dividend recaps; first lien and
second lien deals; mezzanine and subordinated debt transactions; structured loan
participations; and distressed debt acquisition. He also works on equity
co-investments, warrants and convertible notes.
In addition, Mike negotiates debt and equity
restructurings, and guides the workout of troubled loans. He advises clients on
the practical application of complex inter-creditor arrangements, and the impact
of bankruptcy as a last resort. He handles foreclosures and receiverships, and
is experienced in the repossession, operation and ultimate resale of business
assets.
Mike has a special focus on the media and telecommunications
industry, in transactions involving radio and television broadcasters; media
buyers; outdoor advertising companies; publishers; content providers; media
related service businesses; cable television operators; security alarm
monitoring companies; and voice and data transmission, exchange and hosting
businesses.
Mike also represents clients in franchise and health care
financings, and in commercial real estate finance, acquisition and development.