Adams and Reese was selected “Project Finance Law Firm of the Year – USA” by Finance Monthly Magazine, which recognizes law firms that have dedicated their resources to innovation, built on their depth of expertise and performed outstandingly on project finance and complex bank financed projects throughout the previous year.
This was the second consecutive year Adams and Reese has received this award for its project finance work.
“Finance Monthly Law Awards 2013” recognizes the achievements of those law firms and individuals who have engaged and responded most successfully to the demands being placed on them in the new post-recession business environment and the recent global economic turmoil. The awards are divided into firm and individual categories and have been carefully chosen to reflect the range of practice areas and skills that lie at the heart of the successful law firm or legal department.
In the last few years, Adams and Reese transaction attorneys, led by the firm’s Public Finance Team have been involved in project and bank financings in excess of $15 billion, helping numerous major economic development projects move forward within the firm’s regional footprint along the Southeastern United States. Adams and Reese has represented banks, companies, public bodies and others in major project financings for manufacturing facilities, equipment, vessels, retail facilities, chemical and dry storage facilities and handling facilities, hotels, schools, nonprofits, housing, utilities, infrastructure, agricultural facilities, and more.
In December 2012, Adams and Reese served as legal counsel across a variety of practice areas, including economic development, public finance, land use, title, construction and tax work, to help client and German manufacturer Benteler Steel/Tube bring to Louisiana a $900-million economic development project in a two-phase, steel mill facility that is expected to create more than 2,200 direct and indirect permanent jobs at the Port of Caddo-Bossier in Shreveport.
Several other examples of Adams and Reese’s project finance work have included: serving as U.S. counsel for Blade Dynamics for a Michoud Assembly Facility Plant in New Orleans to build advanced wind turbine blades; aiding the Port of South Louisiana in the negotiation of a new, $750 million steel plant for Nucor Corp. in St. James Parish, Louisiana; serving as counsel in Mississippi for an $870 million Clean Energy project for Gulf LNG, LLC, on the Pascagoula Bayou Ship Channel; acting as construction loan counsel and new market tax credit counsel on the $37.6 million construction loan for the new Pinnacle office building in Jackson; and serving as counsel for Regions Morgan Keegan Trust in securing trust deposits in excess of $125 million with marketable securities owned by Regions Bank and its affiliates located in United States and United Kingdom accounts.
Finance Monthly, which is delivered to more than 50,000 subscribers including chief executive officers, finance directors and private equity partners and lawyers, provides international news coverage of M&A transactions, IPO’s, venture financing, debt financing and privatizations.
This is a peer review award in that more than 36,000 contacts of the magazine were e-mailed to vote on law firms for the award, and voting was also conducted on the company’s web site. The honorees of the awards will be profiled in the June 2011 issue of Finance Monthly.
Adams and Reese is a multidisciplinary law firm with offices strategically located throughout the southern United States and Washington, DC. American Lawyer includes Adams and Reese on its distinguished list of the nation's top law firms - "The Am Law 200.” The National Law Journal also includes the firm on the "NLJ 250" list of the nation's largest law firms.