	Meyer C. Dworkin Partner New York meyer.dworkin@davispolk.com +1 212 450 4382 Mr. Dworkin is a partner in Davis Polk’s Corporate Department, practicing in the Finance Group. He is consistently recognized as a leading lawyer in banking & finance by Chambers USA, Legal 500 US and IFLR1000, and is described by clients as “very smart, extremely commercial and a great practitioner” and that he “thoroughly understands every aspect of complex debt facilities, including current market norms, and advises in a highly pragmatic, efficient and responsive manner.” Mr. Dworkin advises lenders and borrowers on a variety of finance transactions, including acquisition financings, asset-based financings, debtor-in-possession financings and bankruptcy exit financings and structured financings. In addition, Mr. Dworkin regularly represents hedge funds and corporations in negotiating prime brokerage agreements, ISDA and BMA-standard agreements and other trading and financing documentation and other complex structured financial products.

Meyer C. Dworkin

Partner

New York

Mr. Dworkin is a partner in Davis Polk’s Corporate Department, practicing in the Finance Group. He is consistently recognized as a leading lawyer in banking & finance by Chambers USA, Legal 500 US and IFLR1000, and is described by clients as “very smart, extremely commercial and a great practitioner” and that he “thoroughly understands every aspect of complex debt facilities, including current market norms, and advises in a highly pragmatic, efficient and responsive manner.”

Mr. Dworkin advises lenders and borrowers on a variety of finance transactions, including acquisition financings, asset-based financings, debtor-in-possession financings and bankruptcy exit financings and structured financings. In addition, Mr. Dworkin regularly represents hedge funds and corporations in negotiating prime brokerage agreements, ISDA and BMA-standard agreements and other trading and financing documentation and other complex structured financial products.

PROFESSIONAL EXPERIENCE
NEWS, INSIGHTS & EVENTS

Work Highlights

Syndicated Lender Representations

$17 billion senior unsecured bridge loan facility to Fiserv, Inc. for its acquisition of First Data Corporation
$10.5 billion financing related to Coty’s acquisition of P&G’s Beauty Business (including over $2 billion of incremental facilities)
$7.8 billion financing related to JAB’s acquisition of Keurig Green Mountain (including $1.4 billion of incremental facilities)
$4.5 billion financing related to Tribune Company’s acquisition of Local TV Holdings (including $420 million of incremental facilities)
$2.8 billion senior secured facilities and $1.2 billion financing related to JBS’s acquisition of Cargill Pork
$1.6 billion financing related to Leonard Green Partners’ and TPG’s acquisition of Life Time Fitness (including $100 million of incremental facilities)

Borrower Representations

$3.5 billion senior unsecured revolving credit facility for Emerson Electric
$2.25 billion multicurrency senior unsecured revolving credit facility for V.F. Corporation
$2 billion asset-based commodity credit facility for Noble Americas Corp. and $1 billion asset-based commodity credit facility for Noble Clean Fuels Ltd.
$2 billion senior secured project notes and $300 million bridge loan for Delek Group

Direct Lending Representations

$180 million senior secured term loan for Basic Energy Services
$150 million senior secured term loan facility for NMI Holdings
$90 million term loan facility for ParFab Field Services
$62.5 million second-lien term facility for B&G Crane Service

Restructuring Representations

$1.1 billion exit term loan for Tribune Company
$800 million of debtor-in-possession facilities for The Great Atlantic & Pacific Tea Company
$165 million exit term loan and $90 million debtor-in-possession facilities for Key Energy Services
$100 million debtor-in-possession and exit term loan facilities for RCS Capital Corporation

Structured Finance Representations

Advised more than a dozen borrowers on over 25 revolving capital call/subscription line facilities in an aggregate principal amount of over $7 billion provided by a wide range of financial institutions
Advised lenders and borrowers on over 30 “net asset value” (NAV) facilities in an aggregate principal amount of over $5 billion provided by a wide range of financial institutions to more than 20 borrowers, including two of the largest dedicated “fund of fund” complexes
Advised lenders and borrowers on over 25 asset-backed and “back-leverage” transactions – secured by both single assets as well as portfolios of liquid and illiquid bonds, loans and preferred equity interests and structured as credit facilities, swap and repurchase transactions – in an aggregate principal amount of over $6.25 billion provided by a wide range of financial institutions to more than 15 borrowers

Recognition

Mr. Dworkin is consistently recognized for his work in the legal industry:

Chambers USA – Banking & Finance (Nationwide)

Legal 500 US – Commercial Lending (US)

IFLR1000 – Banking (US)

Of Note

Publications

"Structural Considerations in Deal Contingent Hedges," The International Comparative Legal Guide to Derivatives 2020, First Edition
"The Continuing Evolution of the Direct Lending Market,” The International Comparative Legal Guide: Lending & Secured Finance 2020
“A Fresh Look At Acquisition Financing terms,” International Financial Law Review, 2020
“Considerations in Providing NAV Facilities to Individuals,” Global Legal Insights – Fund Finance 2020, Fourth Edition
“Increasing Limitations on Secured Creditor Remedies,” Practising Law Institute: Leveraged Financing 2020
"The Continuing Evolution of NAV Facilities," GLI - Fund Finance 2019
“Avoiding Traps When Documenting Make-Whole Premiums for Term Loans,” The International Comparative Legal Guide to: Lending & Secured 2018
“Escrow Funding in the Term Loan B Market,” The International Comparative Legal Guide to: Lending & Secured Finance 2017