Morrison & Foerster Strengthens Global Finance Transactions Capabilities with Accomplished Partner in New York

Morrison & Foerster, a leading global law firm, is pleased to announce that Jay Gavigan has joined the firm’s New York office as a partner in its Lending + Financial Transactions Group. Mr. Gavigan is an internationally recognized finance lawyer who brings to the firm 25 years of experience advising clients on a wide range of financial transactions, including acquisition and leveraged finance, project finance, asset finance, syndicated credits, real estate finance, and workouts. Gavigan joins Morrison & Foerster from Clifford Chance.

Mr. Gavigan has a diverse practice representing both borrowers and lenders in high-stakes financing engagements. On the borrower side, his clients include asset managers, manufacturers, builders, funds, and other financial institutions; on the lender side, he represents commercial and investment banks, insurance companies, funds, and other direct lenders. Mr. Gavigan works largely with companies in the energy, construction, and real estate industries, and he has significant experience handling cross-border financings and other transactions related to leasing, capital markets, and derivatives across Europe, Asia, and Latin America.

“Jay is an exceptionally talented finance lawyer who has built an impressively versatile cross-border practice that will immediately benefit a wide range of our clients,” said Jennifer L. Marines, co-chair of Morrison & Foerster’s Finance Department. “His diverse experience complements our rapidly growing Global Finance Group and further deepens our substantial offerings for borrowers and lenders. We’re delighted to welcome Jay to the firm.”

Mr. Gavigan also advises commercial banks, agencies, operators, and investors in offshore oil and gas transactions, principally in the Americas. In this regard, he represents clients on acquisitions, refinancings, construction, workouts, transportation, and credit enhancement transactions, as well as debt capital markets transactions (project bonds) and combined bank/bond transactions.

Notable representative matters on which Mr. Gavigan has recently worked include advising a home construction and real estate company in connection with its $2.4 billion unsecured revolving credit facility with a $420 million accordion, and advising a large utility company in Asia on the financing of its acquisition of a 235-MW utility-scale solar project in California.

Mr. Gavigan is recognized by Chambers Latin America for Banking & Finance and by The Legal 500 Latin America for Banking and Finance – International Firms. Mr. Gavigan received his J.D., cum laude, from Northwestern University School of Law and his B.A. from Michigan State University.

“Morrison & Foerster has an excellent reputation in areas relevant to my practice, such as financial services, real estate, project finance, and bankruptcy and restructuring,” said Mr. Gavigan. “The firm has outstanding global resources and top-tier talent, as well as a highly impressive entrepreneurial spirit and collaborative and inclusive culture. I’m looking forward to contributing to the continued growth of the finance practice on a global scale.”

Mr. Gavigan’s arrival underscores Morrison & Foerster’s continued commitment to expanding its finance capabilities in major markets around the world. This year, the firm has also welcomed a group of over 20 finance attorneys in Boston, headed by seven partners including David A. Ephraim and Chuck W. Stavros; finance partner Jonathan Jacobs in New York; finance partner Chris Kandel in London; and project finance partners Jon R. Ornolfsson and Tessa L. Davis in Singapore. Mr. Gavigan’s experience in Latin American matters also further strengthens Morrison & Foerster’s recently announced Latin America Desk.

Source:  www.mofo.com