Arnold Cohen’s practice includes financing and insolvency and restructuring. His financing practice focuses on asset-based lending (both Canadian and cross-border transactions), in which he represents leading US and Canadian asset-based lenders and factors. Cohen also regularly represents lenders and corporate borrowers in the financing of real estate, receivables and equipment, as well as acquisition, project, structured and traditional bank financings, all on both a syndicated and a non-syndicated basis. His restructuring practice involves representing secured lenders, trustees, receivers and corporate clients in all aspects of the insolvency and restructuring process, including reorganizations, acquisitions, turnarounds and enforcement of security and other creditors’ rights. He has appeared before various courts in these matters. Cohen is co-chair of Norton Rose Fulbright's Asset-Based Lending team.
On August 15, 2018, WillScot Corp. (or Williams Scotsman) completed the acquisition Modular Space Holdings, Inc. for approximately US$1.2 billion. The Canadian Competition Bureau issued a No Action Letter on July 16, 2018.
On December 20, 2017, Bank of America, N.A. entered into a senior secured revolving credit facility (the Credit Facility) in the amount of US$1,600,000,000 in favour of Mattel, Inc. (the Company) and certain of its subsidiaries.
On February 5, 2016, Hudson’s Bay Company (HBC) closed a new global asset based loan facility with availability of up to US$1.9 billion provided by a syndicate of lenders led by Bank of America, N.A., as ABL Agent.
On February 27, 2015, Orthotic Holdings, Inc. and certain of its subsidiaries and affiliates, entered into senior secured revolving and term credit facilities in the principal amount of US$91 million.
BCBG Max Azria and certain of its US and Canadian subsidiaries and affiliates, entered into a second amended and restated senior secured asset-based revolving credit facility in the principal amount of US$153 million.
TOMS Shoes, LLC, as borrower; its parent company, TOMS Shoes Holdings II, LLC; and certain of their US, Canadian, and Dutch affiliates, as guarantors (collectively, TOMS Shoes) entered into refinancing arrangements which included an amendment and restatement of their existing financing agreement, comprising an aggregate of US$60,000,000 revolving, letter-of-credit, and swingline facilities. Bank of America, N.A. acted as Administrative Agent, Collateral Agent, Letter-of-Credit Issuer and Swingline Lender for a lending syndicate that includes Jeffries Finance LLC.
