Richard S. Perelman concentrates on representing financial institutions and borrowers in a wide variety of financing transactions, including secured and unsecured revolving credit facilities, term loans, asset-based loans, acquisition financing, and second-lien and mezzanine loans, including special purpose joint venture financing.
Rich also has extensive experience representing financial institutions in debt restructurings, workouts, and bankruptcy, as well as purchasers of assets from companies in bankruptcy. He has been active in counseling parties about uniform commercial code and potential creditors' rights/bankruptcy implications in lending, mergers and acquisitions, and other transactions. He is also active in the bankruptcy/Uniform Commercial Code aspects of securitization transactions and is a member of the firm's Opinion Committee, focusing on lending, UCC, and creditors' rights issues.
- Represented Administrative Agent in connection with a $500 million Delayed Draw Term Loan to a processed food and snack company
- Represented Administrative Agent in $500 million multi-currency Credit Facility to manufacturing company involving United States and Japanese Borrowers
- Represented Administrative Agent in $500 million Credit Facility to a technology company secured by all personal property of the Loan Parties, including foreign stock pledges
- Represented Administrative Agent in $500 million Delayed Draw Term Loan Facility to public consumer goods company
- Represented Administrative Agent in various facilities to public utility companies in aggregate amount in excess of $2.5 billion
Pennsylvania Bar Association
New York State Bar Association
Recognition & Accomplishments
Chambers USA, banking and finance law, (Pennsylvania) 2007-2023
The Best Lawyers in America, Banking and Finance Law, Equipment Finance Law, 2007-2024; "Lawyers of the Year," Equipment Finance Law, 2024 (Philadelphia)
University of Pennsylvania Law School (J.D. 1984, magna cum laude; top 5% of class)
Member, University of Pennsylvania Law Review; Member, Order of the Coif
University of Pennsylvania, The Wharton School (M.B.A. 1984, with distinction; top 5% of class)
University of Pennsylvania (B.S. 1979, magna cum laude)