Bensinger, Charles N. III

Current Employment Position(s)

Partner

Lawyer Overview

Chip Bensinger practices corporate law, with a focus on lending and structured finance, mergers and acquisitions, and general corporate matters. He has represented capital providers and users in a broad variety of secured and unsecured lending transactions, including cross-border credit facilities, acquisition financings, professional sports franchise financings, subordinated and mezzanine debt, construction financings, public debt issuances, and chapter 11 debtor-in-possession and exit financings. Chip also has led numerous M&A transactions, both U.S. and cross-border, including public mergers; private equity buyouts and exits; asset acquisitions and dispositions; distressed acquisitions, dispositions, and restructurings; and joint ventures.

Representative transactions include advising: the borrower in an extraordinarily complex $2.3 billion acquisition financing, a debtor emerging from over three years of chapter 11 proceedings with five different levels of secured and unsecured debt, and the lenders financing the acquisition of an NHL franchise. Chip also coordinated two cross-border acquisitions each involving more than 30 countries.

Representative clients range from public companies such as Abbott Laboratories, Diebold, HNI, Kaiser Aluminum, and The Stanley Works to private companies and private equity firms such as Duchossois Industries, J.F. Lehman & Company, and Ospraie Management and include lenders such as CIT, Jefferies, and Royal Bank of Scotland.

Chip is a member of the ABA (Business Law Section), the New York State Bar Association, and The Chicago Bar Association.

Areas of Practice

• Banking & Finance
• Mergers & Acquisitions
• Lending
• M&A

Representative Cases

• Abbott Laboratories acquires BASF Pharma
• Abbott Laboratories sells Fact plus®, Signify®, and Abbott TestPack® businesses to Inverness Medical Innovations
• Albertson's acquires Shaw's Supermarkets
• Alderwoods amends credit facility
• Alderwoods Group obtains credit facility and issues public debt to emerge from Chapter 11 proceedings
• Alderwoods obtains credit facilities
• Alderwoods refinances public notes
• American National Bank provides credit facilities to automotive companies
• Bestel finances sale of assets to Grupo Televisa
• CIT lending provides credit facilities for NHL team , (2009)
• CIT provides credit facility for NHL team acquisition
• DaimlerChrysler AG sells Huntsville Electronics
• Diebold issues $300 million of Guaranteed Senior Notes in a private placement with Banc of America Securities LLC , (2009)
• Diebold obtains credit facilities and securitizes accounts receivables
• Duchossois Industries merges with Arlington International Racecourse
• Essential Group obtains credit facility
• H&R Block sells Option One mortgage loan servicing business to WL Ross for $1.1 billion
• HNI completes $150 million private placement , (2009)
• HNI Corp acquires Paoli
• J.F. Lehman obtains credit facility to fund acquisitions
• J.F. Lehman sells AIS Global Holdings for $375 million , (2010)
• Kaiser Aluminum obtains financing in emergence from bankruptcy
• Norwood completes sale to lenders pursuant to reorganization plan
• OGE Energy acquires interest in McClain power plant
• Ospraie Management acquires ConAgra Trade Group
• Project Lotus acquires, obtains financing for, and develops luxury mixed-use development in California , (2009)
• RBS provides credit facility to Carlyle Real Estate Partners
• S.C. Johnson Commercial Markets acquires DiverseyLever for $1.6 billion , (2009)
• Stanley Works acquires National Manufacturing for $170 million , (2009)
• Stanley Works acquires Security Group
• Tequila Herradura acquired by Brown-Forman for $776 million
• Verint Systems acquires Witness Systems for $950 million

West Practice Categories

Banking & Finance Law, Business Organizations, Business Successions, Closely Held Businesses, Commercial Banks, Commercial Leasing, Corporate Governance, Credit Unions, Debtor/Creditor, Directors' & Officers' Liability, Dissolution, Formation & Business Planning, Franchising, International Banking, Joint Ventures, Lending & Secured Transactions, Limited Liability Companies, Loan Workouts, Mergers, Acquisitions & Divestitures, Mortgages & Foreclosures, Non-profit & Tax-exempt Organizations, Partnerships, Public Finance, Reorganizations, Savings & Thrifts, Shareholders' Rights, State & Municipal Bonds & Financing, Trade Associations, Venture Capital

Bar Admissions

• Illinois
• New York

Education

• Bradley University
• Washington University-St Louis

Address

222 East 41st Street
New York, NY 10017-6702

Phones

1.212.326.3797 (Business Phone)

Faxes

1.212.755.7306 (Business Fax)

Emails

Contact Us (Business Email)

Websites

http://www.jonesday.com