Mr Patrick Hardiman > Winston & Strawn LLP > Chicago, United States > Lawyer Profile

Winston & Strawn LLP
CHICAGO, IL 60601-9703
United States
Patrick Hardiman photo

Work Department

Corporate Department


Lawyer Rankings

United States > Finance > Commercial lending

Winston & Strawn LLP‘s ‘integrated and collaborative‘ team has some ‘outstanding, dedicated and smart‘ lawyers handling borrower and lender work. The group is particularly noted for its expertise in advising banks and direct lenders, and is highly experienced in leveraged buyouts, recapitalizations and corporate acquisitions. The team recently advised Barings on a $112m loan to help finance the takeover of Excentus by PDI TA Holdings, a holding company controlled by Genstar Capital Management. Other key clients include Citibank, Antares Capital, Citizens Bank, Wells Fargo, and Twin Brook Capital Partners. Key figures in Chicago include Ronald Jacobson and Patrick Hardiman, while William Brewer and Mats Carlston practice in the firm’s New York office.

United States > Finance > Structured finance: securitization

With strengths in esoteric ABS and CLOs, Winston & Strawn LLP is ‘good at owning and proactively running a transactions and getting out in front of any potential problems‘. Jointly led by Jeffrey Stern and Los Angeles-based Daniel Passage, the team has been particularly active in the PACE bond arena. In a market-first transaction, Passage acted for Beach Point Capital Management and CleanFund in relation to the first-ever securitization backed exclusively by C-PACE assessments pursuant to rule 144A. Additionally, Passage and Francisco Flores advised Prosper Marketplace on the securitization of $5.5bn of unsecured consumer loans originated through its web-based platform. Another esoteric mandate, Stern recently advised LTC Global, as sponsor, on a $129.6m securitization of insurance commission receivables arising from the sale of long-term care insurance. In the CLO space, Chicago-based Dave Galainena assisted RAIT Financial Trust with several CRE CLO issuances, and Patrick Hardiman handled high-value CLO issuances for Crestline Denali Capital and THL Credit Advisors. Ronald Jacobson and Michael Mullins are also key figures in the Chicago-based CLO team, which ranks among the market leaders in manager-side work.