Sherri Snelson

Partner, New York

Biography

Overview

Sherri Snelson is a partner in White & Case's Bank Finance group, focusing on debt finance transactions.

She has extensive experience acting as lead counsel for lenders, private equity funds and their portfolio companies in connection with leveraged finance and fund/portfolio finance transactions across numerous jurisdictions and industries.

Sherri’s experience includes advising investors and borrowers in connection with both in- and out-of-court debt restructurings, DIP financings, exit financings, 363 sales, English administrations and schemes of arrangements and insolvency related matters in several European jurisdictions.

Bars and Courts
New York State Bar
Solicitor, England and Wales
Education
JD
University of North Carolina
MBA
New York University
BA
Wake Forest University
Languages
English

Experience

Representation of a leading secondaries manager in connection with the financing for its acquisition of various portfolios of private equity and venture capital investments.*

Representation of leading investment managers in connection with equity bridge facilities for numerous closed-end investment funds.*

Representation of a global aluminum company in connection with the restructuring of its US and European debt facilities via a Chapter 11 bankruptcy proceeding.*

Representation of a leading investment manager in connection with numerous European and US joint ventures and acquisitions, including of financial services, energy and shipping interests.*

Representation of the majority shareholder in connection with a senior secured rescue loan to its portfolio company backed by a film portfolio.*

Representation of a major UK cable television provider in connection with the restructuring of its outstanding debt via a scheme of arrangement.*

Representation of a consortium of development finance institutions in connection with collective arrangements to finance development and clean energy related projects.*

Representation of a luxury bath and spa manufacturer in connection with the restructuring of its US and European debt facilities, including a partial debt for equity swap, advising in connection with an administrative sale of a portion of its UK business and advice in connection with potential post-sale liability with respect to certain other UK assets.*

Representation of the UK, US and Asian subsidiaries of a global luxury fashion brand in connection with both in- and out-of-court restructuring schemes with the aim of facilitating a sale of the global business to a single buyer.*

Representation of IFM Investors in connection with its acquisition of Buckeye Partners, L.P. in an all-cash public-to-private transaction with an enterprise value of $10.3 billion.

Representation of Entrepreneurial Equity Partners, LLC in connection with a its acquisition of Daniele International Inc., a US charcuterie manufacturer/distributor.

Representation of Entrepreneurial Equity Partners, LLC in connection with a its acquisition and combination of Kronos Foods, Inc. and Grecian Delight Foods, Inc., a US manufacturers/distributors of Mediterranean food products.

Representation of Dominus Capital, L.P. in connection with its acquisition of Surface Preparation Technologies, LLC, the nation's number one provider of rumble strips and related roadway safety services.

Representation of Morgan Stantley Infrastructure Partners in connection with its acquisition of Seven Seas Water Corporation, a leader in Water-as-a-Service® solutions.

* Experience prior to joining White & Case.

Speaking Engagements

"Fund Finance Transaction, Lender and Borrower Perspectives," Wildgen Fund Finance Webinar Series (July 2020)

"Hybrids, NAV and Other Forms of Fund Level Debt," Global Fund Finance Forum (February 2020)

 

Publications

"Is Debt The New Equity?" Pratt's Journal of Bankruptcy Law (October/November 2005)