Karen W. Fries
Karen W. Fries
Karen W. Fries
Partner and Global Practice Group Leader - Finance Transactions
Biography
Karen Fries is the Global Leader of Bryan Cave Leighton Paisner's Finance Transactions practice group, which represents banks and other financial services entities as well as borrowers and issuers of debt throughout the U.S., U.K., France and Germany. Karen is also a member of BCLP’s Global Board.
Karen practices primarily in the area of borrower representation in connection with a wide variety of finance transactions. She represents a number of public and private corporations. Her experience includes negotiation and documentation of secured and unsecured, syndicated and single-lender revolving credit and term loan facilities as well as receivables sale and securitizations transactions. She has also represented borrowers in private placements. Karen also represents lenders in middle market bilateral credit facility transactions. She also has broad restructuring experience including negotiation and documentation of large, syndicated debtor in possession financing transactions, representation of secured and unsecured creditors in various aspects of Chapter 11 cases and negotiation and documentation of out-of-court restructuring transactions.
Karen received a J.D. from Vanderbilt University School of Law in 1989. She was a member of the Vanderbilt Law Review and the Vanderbilt Chapter of the Order of the Coif. Karen graduated, cum laude, from Miami University in Oxford, Ohio in 1986 with a B.S. in Business.
Civic Involvement & Honors
- The Best Lawyers in America, Banking and Finance Law (2016-2024)
Admissions
-
Illinois, 1990
-
Missouri, 1989
-
United States District Court for the Eastern District of Missouri
Education
Vanderbilt University, J.D., Order of the Coif, 1989
Miami University, B.S., cum laude, 1986
Related Practice Areas
-
ESOP Team
-
Structured Products & Derivatives
-
Debt Capital Markets
-
Portfolio Sales
-
Servicing
-
Restructuring & Insolvency/Special Situations
-
Funds Finance
-
Securitizations (RMBS)
-
Bank Transactions & Strategy
-
Bank Regulatory Compliance, Operational Support & New Products
-
Corporate
-
Finance
-
Financial Institutions
-
Structured Finance
-
Private Equity
Experience
Following is a sample of significant engagements:
- Counsel for administrative agent in connection with $200 million revolving credit agreement for debtor in possession financing
- Counsel for multi-national borrowers in connection with $605 million secured revolving credit and term loan agreement
- Counsel for multi-national borrowers in connection with $550 million revolving unsecured revolving credit agreement
- Counsel for borrower in connection with $100 million secured revolving credit agreement.
- Counsel for multi-national borrowers in connection with $1 billion secured revolving credit and inventory floorplan financing agreement
- Counsel for administrative agent in connection with $52 million secured revolving credit, equipment line of credit and term loan agreement (including negotiation of intercreditor and subordination agreements with subordinated debt holders)
- Counsel for major supplier to distressed manufacturing company in connection with pre-bankruptcy restructuring, negotiation of creditor protections in connection with debtor in possession financing provided by new investor and in connection with negotiation of plan of reorganization and related exit financing
- Counsel for multi-national borrowers in connection with $450 million revolving credit agreement
- Counsel to borrower in connection with $850 million revolving credit agreement
- Counsel to borrower in connection with revolving credit, term and subordinated financing for sale of closely-held business to an employee stock ownership trust
- Counsel to sellers in connection with multiple purchase agreements for the sale of accounts receivable
- Issuance (for borrowers) and review (for lenders) of bankruptcy-related opinions (substantive consolidation and true sale) in connection with complex financing transactions
Related Insights
Aug 17, 2023
Jan 26, 2023
Jan 23, 2023
Jan 06, 2023
Aug 24, 2022
Aug 19, 2022
Aug 18, 2022
Aug 19, 2021
Aug 20, 2020