McDermott Will & Schulte is broadly experienced at advising borrower-side clients in facilities, syndicated lending, venture lending, asset-based loans, and various other alternative financings. Michael Boykins and Stephanie McCann jointly head the Chicago office, while Gary Rosenbaum directs the Los Angeles team, with a practice encompassing a range of cash-flow, mezzanine, and credit facilities. David Arnstein is a key member of the team for private credit and non-conventional lenders. Jean LeBlanc and Mike Rostov are highly sought after in debt, mezzanine, venture lending, alongside distressed financing, asset-based and revolving loan facilities. New York-based Riley Orloff is also notable for his broad experience in credit transactions, including bilateral and syndicated facilities and cross-border financing.
Legal 500 Editorial commentary
Accolades
Client satisfaction: Lawyer & team quality
Client satisfaction: Billing & efficiency
Client satisfaction: Sector knowledge
Client satisfaction: NPS ®
Testimonials
Collated independently by Legal 500 research team.
- 'They have significant experience in the middle market on both sponsor/borrower and lender engagements, which allows them to provide good advice on market terms. They have a strong healthcare regulatory team to support diligence when needed. The team is very responsive and able to meet demanding timelines.'
- 'Having worked with the team across many deals over several years, they have a strong understanding of our firm's positions on key legal and documentation issues, which allows them to (i) resolve some terms directly with opposing counsel, (ii) provide valuable advice and feedback on where we stand relative to the market and how to approach negotiations, and (iii) streamline our review of documentation by highlighting relevant issues.'
- 'They make our lives easier as a client. They are highly organized and effective at pushing items forward. They are very experienced in the healthcare space we invest in. They also have a diverse team.'
- 'Their organizational skills and buttoned-up approach ensure that nothing is missed. They are also very responsive and communicative.'
Key clients
- Boomerang Capital
- Fortress Investment Group LLC
- Amulet Capital Partners, LP
- AUA Private Equity Partners
- Cambridge Capital
- Comvest
- DrFirst.com, Inc.
- Eir Partners Capital
- Gourmet Culinary (AUA portfolio company)
- Kingswood Capital Management, LP
- Legacy Corporate Lending
- LightBay Capital
Work highlights
Representing Legacy Corporate Lending on senior secured asset-based and term loan facilities to food manufacturer Olli Salumeria Americana and industrial recycler Shapiro Metals to refinance Bank of America debt and provide ongoing working capital.
Representing MidCap Financial Trust on a cross-border senior secured term, revolver and delayed draw credit facility for Natus Sensory to finance its acquisition of a global sensory medical devices business.
Representing Oxford Finance on multiple senior secured credit facilities and a dividend recapitalization financing for healthcare and life sciences borrowers including Heart & Vascular Partners, Choice Health at Home, Enercon and Marena Healthcare Buyer.
Practice head
Michael Boykins; Stephanie McCann; Gary Rosenbaum
Other key lawyers
Gary Rosenbaum; David Arnstein; Riley Roloff; Jean LeBlanc; Mike Rostovm
