Mark Rabinowitz concentrates his practice on commercial and corporate finance, equipment leasing and finance, and loan workouts and restructurings. He serves a wide range of clients in areas such as:
· cash flow lending
· asset-based financing
· secured transactions and creditors' rights
· healthcare finance
· equipment leasing and finance
· loan syndications and participations
· asset securitization
· junior debt, mezzanine, and tranche B financing
· intercreditor relationships
· lender liability prevention and defense
· bankruptcy, reorganizations, debt restructuring, and workouts
Mr. Rabinowitz is recognized by Chambers USA as a leading attorney in banking and finance law. Chambers notes that he has an "excellent reputation" and is "savvy and understands both the legal and business sides of a transaction." He has also received the highest possible rating from Martindale-Hubbell.
Mr. Rabinowitz is a past chair of the Financial Services Group. He has written and lectured extensively on the subjects of equipment leasing and secured financing.
Representative Matters
· National healthcare finance company in the establishment and administration of over 100 credit facilities collateralized by healthcare receivables and real estate.
· Represented Laser Northeast Gathering Company, LLC in connection with $190 million revolving credit facility to finance the construction and operation of a new gas gathering system serving Marcellus Shale gas producers.
· National financial institution as agent in conjunction with $500 million debt restructuring of an agricultural cooperative.
· Automotive manufacturer and distributor in $300 million working capital line of credit and floor plan receivables securitization facility.
· Leasing subsidiary of major financial institution in conjunction with structuring and documenting personal property lease transactions and the financing of equipment leasing companies.
· Represented the bank group agent in conjunction with the workout and sale of a regional cellular and satellite communication company.
Community Service & Affiliations
Mr. Rabinowitz's professional association memberships include the Turnaround Management Association, the Equipment Leasing and Finance Association and The Eastern District of Pennsylvania Bankruptcy Conference.
Memberships
Eastern District of Pennsylvania Bankruptcy Conference
Equipment Leasing and Finance Association
Temple Law Alumni Association
Turnaround Management Association
Events
IS MARKET PRACTICE REALLY BEST PRACTICE?
[Event]
Equipment Leasing and Finance Association Legal Forum
Chicago, Illinois
May 4-6, 2008
Mark I. Rabinowitz
HIMSS07 ANNUAL CONFERENCE AND EXHIBITION
[Event]
New Orleans, Louisiana
February 25-March 1, 2007
Lawrence J. Beaser, Albert B. Krachman, Mark I. Rabinowitz and Louis M. Rappaport
CHALLENGES FACING EQUIPMENT LESSORS AND LENDERS IN THE HEALTHCARE SECTOR
[Event]
Equipment Leasing Association Legal Forum
San Francisco, California
May 2, 2006
Mark I. Rabinowitz
COMMERCIAL LESSOR LICENSING-BEYOND QUALIFICATIONS TO DO BUSINESS: WHAT YOU DON'T KNOW COULD COST YOU $$$
[Event]
Equipment Leasing Association Legal Forum
Miami, Florida
May 2005
Mark I. Rabinowitz
Publications
CONTRIBUTING AUTHOR: CHAPTER 8 OF BUSINESS WORKOUTS MANUAL, 2D
[Book]
Business Workouts Manual, 2d
November 17, 2009
Mark I. Rabinowitz
NEW REGULATIONS AFFECT LENDERS TO THE HEALTHCARE INDUSTRY
[Alert]
Health Law Alert
February 20, 2009 (No. 2)
Lawrence F. Flick II, Mark I. Rabinowitz and William E. Gramlich
LESSEE REMAINS LIABLE TO LESSOR FOLLOWING FAILED MITIGATION
[Article]
ALM Law Journal Newsletters
September 2008
Mark I. Rabinowitz and Marcie Seiler Landsburg
BLANK ROME LLP ADVISES AND CLOSES 80 REPORTABLE TRANSACTIONS WITH OVER $15.5 BILLION IN TRANSACTION VALUE FOR 2007
[Alert]
2007 Corporate & Securities Deal Diary
2007
Lawrence F. Flick II, Richard J. McMahon, Robert J. Mittman, Michael S. Mullman, Mark I. Rabinowitz and Alan L. Zeiger
CO-AUTHOR: BE CAREFUL WHAT YOU LOOK FOR: IT COULD BE AN AUTHENTICATED RECORD
[Article]
LJN's Equipment Leasing Newsletter, Volume 23, Number 7
August 2004
Mark I. Rabinowitz and Heather Sonnenberg
CONTRIBUTING AUTHOR: UPDATE CHAPTER 23 - REGULATION OF BANK LEASING ACTIVITIES
[Article]
Matthew Bender's Equipment Leasing Treatise
December 2003
Mark I. Rabinowitz
CO-AUTHOR: GOLDEN BOOKS CASE CREATES NEW 'GOLDEN RULE' FOR LESSORS
[Article]
LJN's Equipment Leasing Newsletter, Volume XXI, Number 5
March 2002
Mark I. Rabinowitz
CO-AUTHOR: THE CASE OF THE CONTINUING GUARANTY
[Article]
Leader's Equipment Leasing Newsletter
October 2000
Mark I. Rabinowitz
LEASING LAW: GEORGIA UPHOLDING THE INTEGRITY OF HELL OR HIGHWATER
[Article]
Equipment Leasing Today
May 1998
Kevin J. Baum and Mark I. Rabinowitz
CREDITORS: BEWARE WHEN SEARCHING LIEN FILINGS ON LINE
[Article]
Leader's Equipment Leasing Newsletter, Volume XV, Number 9
September 1996
Mark I. Rabinowitz
CO-AUTHOR: PURCHASE MONEY PRIORITY, WHEN IS TITLE ACQUIRED
[Book]
The Bankruptcy Strategist
February 1996
Mark I. Rabinowitz
WHY DUE DILIGENCE IS IMPORTANT, EVEN IN NONRECOURSE TRANSACTIONS
[Article]
Leader's Equipment Leasing Newsletter, Volume XII, Number 2
February 1993
Mark I. Rabinowitz
CO-AUTHOR: PORTFOLIO ACQUISITIONS...LOOKING THROUGH THE LEGAL LENS
[Article]
Monitor, Portfolio Supplement
September/October 1992
Mark I. Rabinowitz and Lawrence F. Flick II
CO-AUTHOR: SECURED LENDER PERFECTS SECURITY INTERESTS WITH NOTICE TO LESSEES
[Article]
Computer Leasing Today, Volume 3, Number 3
January 1992
Mark I. Rabinowitz
Cases and Deals
BLANK ROME SERVES AS CO-SPECIAL COUNSEL TO THE PHEAA STUDENT LOAN TRUST 2011-1
[Deal]
July 14, 2011
Marc S. Stein, Joan N. Stern, Grant E. Buerstetta, Mark I. Rabinowitz, Alan H. Lieblich, Lawrence R. Wiseman, et al.
Blank Rome served as co-special counsel to the PHEAA Student Loan Trust 2011-1 (the "Issuer"), a Delaware statutory trust, wholly owned by the PHEAA Student Loan Foundation, Inc.
LASER NORTHEAST GATHERING COMPANY IN A $190M REVOLVING CREDIT FACILITY
[Deal]
July 8, 2011
Mark I. Rabinowitz, Ernest W. Chung, Nicholas A. Giannasca, Michael J. Feinman, Margaret Anne Hill, Arthur Bachman, et al.
Laser Northeast Gathering Company, LLC ("Laser") in connection with a $190 million revolving credit facility agented by Bank of America.
EDISON VENTURE FUND LEADS RECAPITALIZATION OF HEALTH MARKET SCIENCE
[Deal]
November 5, 2007
Alan L. Zeiger, Thomas P. Dwyer, Thomas B. McKernan III, Mark I. Rabinowitz, Kevin J. Baum, Shlomo Troodler, et al.
Edison Venture Fund and partners in its recapitalization of Health Market Science for $42 million.
Recognition
CHAMBERS USA 2011 RECOGNIZES MORE BLANK ROME ATTORNEYS AND PRACTICES
[Ranking]
June 10, 2011
Thomas H. Belknap, Jr., Thomas E. Biron, Fred Blume, Kevin J. Bruno, David W. Carickhoff, Sara L. Chenetz, et al.
CHAMBERS USA 2010 RECOGNIZES MORE BLANK ROME ATTORNEYS AND PRACTICES
[Ranking]
June 11, 2010
Thomas H. Belknap, Jr., Thomas E. Biron, Fred Blume, Ernest W. Chung, Scott F. Cooper, Steven Dubow, et al.
CHAMBERS USA 2009 RECOGNIZES MORE BLANK ROME ATTORNEYS AND PRACTICES
[Ranking]
June 2009
Thomas H. Belknap, Jr., Thomas E. Biron, Fred Blume, Scott F. Cooper, Steven Dubow, Bonnie Glantz Fatell, et al.
CHAMBERS USA 2008-HIGHER RANKINGS FOR MORE BLANK ROME TEAMS AND ATTORNEYS
[Ranking]
June 2008
Thomas E. Biron, Fred Blume, Scott F. Cooper, Steven Dubow, Bonnie Glantz Fatell, Joseph S. Finkelstein, et al.
CHAMBERS USA 2007 RECOGNIZES BLANK ROME'S LEADING PRACTICES AND ATTORNEYS
[Ranking]
June 2007
Thomas E. Biron, Fred Blume, Steven Dubow, Bonnie Glantz Fatell, Lawrence F. Flick II, Harvey I. Forman, et al.
CHAMBERS USA 2006 RECOGNIZES BLANK ROME AS LEADING LAW FIRM
[Ranking]
June 2006
Thomas E. Biron, Fred Blume, Bonnie Glantz Fatell, Lawrence F. Flick II, Harvey I. Forman, Anthony B. Haller, et al.
CHAMBERS USA 2005 NAMES FIRM PRACTICES AND ATTORNEYS AS LEADERS IN THEIR FIELDS
[Ranking]
May 31, 2005
Thomas E. Biron, Fred Blume, Bonnie Glantz Fatell, Lawrence F. Flick II, Anthony B. Haller, Michael J. Hanlon, et al