Proskauer hires lawyer for multi-tranche finance

The financing legal expert will work with a variety of alternative lenders from the firm’s Los Angeles office.

Sandra Lee Montgomery has joined law firm Proskauer as a partner. She will be working in the firm’s multi-tranche finance department and is based in Los Angeles.

Montgomery joins Proskauer from Bingham McCutchen, a legal firm acquired by Morgan Lewis yesterday (25 November). She has experience in representing financial institutions and private equity funds in a variety of commercial and corporate finance deals. She advises on the establishment of credit facilities for both public and private companies with a focus on acquisition, recapitalization, restructuring, refinancing, debtor-in-possession and other strategic financings.

“Sandra’s wealth of experience in complicated finance structures for alternative lenders such as BDCs, debt funds, insurance companies and CLO’s is a perfect fit for our multi-tranche finance practice. She has spent a substantial amount of time in her practice representing alternative lenders in debt transactions up and down the capital structure, including, senior debt, unitranche, second lien and mezzanine facilities,” Steven Ellis, co-head of the multi-tranche finance group, said in a statement.

Michael Woronoff, head of Proskauer’s Los Angeles office and co-head of its mergers & acquisitions and private equity practices, commented: “We have an exceptional group of lawyers in Los Angeles and Sandra’s addition is the latest step in our strategy to expand the comprehensive suite of services we offer clients. Her keen ability to structure complex financing transactions — both domestic and international — will be very valuable to our private equity and financial services clients.” 

Proskauer’s multi-tranche finance group specializes in representing providers of alternative forms of debt to support leveraged buyouts, recapitalizations, refinancings and strategic and distressed debt acquisitions.