Richard S. Perelman

Partner
Philadelphia

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.

Experience 

Representative Matters

Lender Side-Agent

  • 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 $82 million Credit Facility to finance acquisition of portfolio company secured by all assets

Professional Highlights

Professional Activities

Pennsylvania Bar Association

New York State Bar Association

Recognition & Accomplishments

Chambers USA, banking and finance law, (Pennsylvania) 2007-2021

The Best Lawyers in America, banking and finance law, equipment finance law, 2007-2022; Lawyer of the Year, equipment finance law, 2022

Credentials 

Education

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)

Admissions

New York

Pennsylvania