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Joel F. Brown

Principal

Joel F. Brown photo

Overview

Joel Brown is a Principal in the firm’s Commercial Finance Group. He represents banks and non-bank finance companies engaged principally in middle market lending operations. He has extensive experience in structuring, documenting and negotiating both cash-flow and asset-based financing, as well as broad exposure to senior, mezzanine and hybrid lending products.

Joel handles mergers and acquisition financings, recapitalization financings, refinancings, and other complex financial arrangements requiring institutional debt. He has been engaged to "trouble spot" deal structures and documentation, particularly in co-lend arrangements, as well as to lead multi-bank/multi-borrower facilities. He is experienced in handling inter-creditor and subordination arrangements and agreements, loan workouts, loan restructurings, and ongoing file maintenance, including routine amendments, waivers and consents. Additionally, he represents lenders in international, multi-jurisdictional and multicurrency facilities.

Experience

  • Represent Agent and lead Lender in a $250 million-plus senior debt facility to support the acquisition and growth of a national provider of roofing services.
  • Represent Agent and lead Lender in a $225 million-plus senior debt facility to support the acquisition and growth of a national advertising and public relations business.
  • Represent Agent and lead Lender in a $100 million-plus senior debt facility to support the acquisition of a food product manufacturer and distributor.
  • Represent Agent and lead Lender in a $80 million-plus senior debt facility to support the acquisition and growth of a national automobile service business.
  • Represent Agent and lead Lender in a $50 million-plus senior debt facility to support the acquisition of an architectural building products manufacturer.
  • Represent noteholders in a $27 million-plus unsecured note purchase facility to support the acquisition of a leading provider of medical continuing education services.
  • Represent Agent and lead Lender in a $25 million-plus senior debt facility to support the acquisition and combination of two home healthcare businesses.

Credentials

Education

  • New York University School of Law, J.D., 1992
  • Wesleyan University, B.A., 1989

    – Government

    – Phi Beta Kappa

Admissions

  • Illinois
  • U.S. District Court for the Northern District of Illinois

Publications

  • “Security Interests and Article 9 of the Uniform Commercial Code,” the Banking and Finance module of the “Lexis Practice Advisor®,” 2014.
  • “Perfection and Priority of Security Interests in Goods Held By Third-Party Bailees,” The Banking Law Journal, February 2002 Edition.
  • “Capital Call Agreements As Credit Enhancements,” co-authored with Goldberg Kohn attorney Randall L. Klein, The Secured Lender, July/August 2002 issue.
  • “Intercreditor Negotiations and the Term B Lender: A Framework for Analysis,” co-author, The Secured Lender, July/August 2004 issue.
  • “Deconstructing DACA: An Analysis of the Model Deposit Account Control Agreement,” Commercial Lending Review, September/October 2006 issue.

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