Middle market companies have traditionally been owned and operated by an entrepreneur or team of businesspeople who built the business, actively managed it and had a significant, if not controlling, stake in the financial success of the business.
Now private firms and family offices are increasingly acquiring these companies. How does this affect regional and community banks that have relationships with the acquired companies?
Atlanta attorney John Thomson explores what a private equity acquisition of a customer means for an existing bank creditor in BankNews.
At Adams and Reese, Thomson advises clients on commercial litigation and bankruptcy matters related to commercial finance and debtor/creditor issues.
He has served in a broad range of roles in the bankruptcy courts, including counsel to secured financial institutions, indenture trustees, commercial trade creditors, life insurance companies, private equity investors, and purchasers of distressed debt in all facets of commercial bankruptcies. He has served as counsel to a number of Official Committees of Unsecured Creditors, and has served as Chapter 11 Trustee for a healthcare operating company.
Thomson’s litigation work has included litigating matters in actions arising out of breach of contract, shareholder disputes, valuation of real and personal property collateral, the appointment of receivers, declaratory judgment actions related to bond issues, leases of commercial property, real estate development ventures, repossession of commercial collateral, and execution of judgments.
In addition to his litigation and transactional skills, Thomson is a graduate of the American Bankruptcy Institute’s Mediation Training at St. John’s University, and he is qualified as a mediator in disputes arising out of bankruptcy and creditors’ rights matters.