The global law firm Jones Day has announced that Bruce W. Moorhead Jr. has joined as a Banking & Finance Practicepartner. Formerly a partner with Hunton & Williams, he will be based primarily in the Atlanta Office, but will spend a portion of his time in Jones Day’s New York Office as well.
Mr. Moorhead’s practice focuses on the representation of financial institutions in leveraged and asset based lending transactions and in workouts and bankruptcies. He has extensive experience in all areas of bank and non-bank financing, with particular focus on leveraged lending and cross-border financing. Mr. Moorhead also represents financial institutions and intermediaries as administrative and collateral agents in connection with syndicated loans, leveraged acquisition lending, cash flow lending, asset based lending, and cross-border financing as well as resolution of problem loans, debtor-in-possession financing, and exit financing facilities.
“Bruce’s work for lenders in the area of asset based finance and leveraged finance, as well as his particular skills in important areas like DIP facilities and cross-border financings, will make him a very welcome addition to our global practice,” said Brett Barragate, co-leader of Jones Day’s Banking & Finance Practice.
“While Bruce’s work will be global, and will include significant time in our New York Office, I’m very happy that he will be working principally out of Atlanta,” said Lizanne Thomas, Partner-in-Charge of Jones Day’s Atlanta Office. “This city has become a true financial hub, and this office has amassed a remarkable world-class banking practice with more than a dozen lawyers serving clients in the Southeast and beyond.”
Prior to joining Jones Day, Mr. Moorhead represented agents in a $350 million Term B and revolving credit facility for the leveraged acquisition of the largest private company in the nuclear waste disposal industry; a $215 million credit facility for a large integrated telecommunications company; a $160 million facility for the acquisition and working capital financing for a multistate drug store chain; a $130 million facility for the refinancing of a multistate retail clothing chain and a $75 million multiple tranche DIP financing credit facility for a retail jewelry chain; and a $60 million multiple tranche DIP financing credit facility, providing bridge financing for the orderly liquidation of a memory chip manufacturer.
A graduate of the University of Wisconsin (B.B.A. with distinction 1977) and Emory University (J.D. with distinction 1980) who has been recognized by Chambers USA as a leading lawyer in the area of Banking & Finance (2006-2011), Mr. Moorhead is admitted to the bars of Georgia, New York, and the U.S. Bankruptcy Courts for the Northern District of Georgia and the Southern District of New York.
