New York, New York, January 9, 2012.  Morrison Cohen LLP announced today the admission to the firm of its newest lateral partner, Bruce P. Levine.

Mr. Levine will join the Firm’s Corporate Department.  He comes to Morrison Cohen with over 25 years of experience representing commercial banks, private equity funds, strategic investors and corporations in a wide range of transactions including secured and unsecured financings, asset based loans, acquisition financings, second lien financings and letter of credit and trade financing facilities.   Mr. Levine also counsels private banks in lending against unique kinds of collateral, including fine art owned by both collectors and dealers and interests in professional sports teams.  Mr. Levine also advises lenders and borrowers dealing with troubled loans involving workouts and restructurings, and in connection with debtor-in-possession and exit financings.  He also has extensive experience representing lenders on complex intercreditor issues involving multiple debt tranches and lien priorities. Immediately prior to joining Morrison Cohen, Bruce was a partner in the Corporate Department of Herrick, Feinstein LLP.

David Scherl, Chairman of Morrison Cohen, said that “Bruce Levine’s addition to our Bank Transactional practice and our Corporate Department further deepens our very active cash flow and asset based lending practices.  Given the many clients we enjoy who live in the  traditional bank, second lien, mezzanine debt and other non-traditional lending spaces, as well as  the several dozen private equity sponsor clients, their portfolio companies and other stand alone operating businesses we represent, Bruce  brings another valuable, veteran, market savvy perspective to our Team.  We are thrilled to have him join our Family.”