Job DescriptionThe Firm seeks a Senior Paralegal to assist the lawyers in all aspects of the Private Credit & Leveraged Finance group's transactional practice.
Responsibilities- Due Diligence
- Assisting in determining where to search for UCC statements, federal/state tax liens, bankruptcy filings, federal/local litigation and judgments, including patents, trademarks, copyrights, vessels and aircrafts
- Obtaining search costs estimates and draft third party billing letters
- Reviewing search results and providing summary charting of UCC statements, liens and intellectual property, identifying issues or concerns relevant to the transaction
- Ordering domestic and foreign good standing certificates and certified copies of corporate documents and conducting corporate status searches of entities
- Reviewing corporate documents to confirm entity's true legal name, good standing and authority to enter financial transactions and signing authority; assisting with formation of new entities
- Transaction Pre-Closing, Closing, and Post-Close
- Drafting and distributing Perfection Certificate;
- Assisting in determining where to file UCC financing statements to perfect security interests
- Preparing and filing at the appropriate time documents such as UCC financing statements and/or related amendment statements, lien holder change forms for motor vehicle titles, and intellectual property filing
- Preparing initial drafts of various ancillary documents, exhibits, schedules and other "Boiler Plate" type documents as well as signature page packets, as requested;
- Reviewing certain Borrower's schedules for accuracy
- Reviewing stock/membership certificates and powers to confirm proper ownership is being reflected and transferred
- Working with the paralegal for borrower's counsel in obtaining outstanding lien searches, certificates, charters, executed signature pages, etc.
- Compiling, preparing and distributing original collateral documents and/or signature pages to applicable lenders
- Ordering post-closing UCC searches to confirm filings
- Loan Payoffs
- Preparing payoff letter and applicable schedules
- Drafting termination documents (UCC, intellectual property, DACAs, landlord waivers, key man insurance, etc.)
- Coordinating return of original possessory collateral
- Compiling and finalizing documents for payoff closing
- Collateral Reviews
- Reviewing files for accuracy and completion
- Reviewing documentation for new matters on deals originally documented at other firms
- Miscellaneous
- Credit Agreement definitions and section reference checks
- Preparing conformed copies of Credit Agreements
- Performing document comparison with redline software
- Assisting in maintaining and searching Records, document management and knowledge management platforms
Qualifications- Bachelor's Degree or equivalent combination of education, experience and training; finance background is a plus
- Seven plus years' corporate experience in an AmLaw 100 firm or related industry.
- Strong written and oral communication skills
- Ability to quickly and proactively identify and analyze problems, develop solutions and deliver results
- Work well under pressure in a team environment and handle multiple tasks efficiently
- Available to work considerable overtime when required, including evenings and weekends.
- Strong technical skills in Microsoft Office, Word, Excel, PowerPoint, as well as the ability to learn new software and applications
This position will require physical presence in Proskauer's offices on a regular basis (at least 3x per week, or more, if it becomes the policy of the Firm or as business needs require). The anticipated compensation for this position is $130,000 - $190,000. The actual salary offered will be based on a number of factors, including but not limited to the qualifications of the applicant, years of relevant experience, level of education attained, certifications or other professional licenses held, and if applicable, the location in which the applicant lives and/or from which they will be performing the job.
