Healthcare companies, private equity firms, banks, and other healthcare lenders call upon Rob Harris to help them obtain capital financing, acquire businesses, fund capital improvements and navigate a complex regulatory landscape. Well-versed in assessing risk and identifying barriers to success, Rob provides both borrowers and lenders with creative strategic plans and transactional structures for their complex commercial finance transactions.
Recognized as having a strong, yet balanced negotiation style, Rob is business-minded and strives to eliminate transaction risk when structuring deals. He offers innovative solutions in recapitalizations, public and private debt financing, senior credit facilities, mergers, acquisitions and joint ventures. Specific areas of Rob's focus include:
· Acquisition and development financing
· Senior and subordinated credit facilities
· Double lockbox structures to facilitate healthcare asset-based lending
· Healthcare cash-flow lending
· Leveraged recapitalizations
Chambers USA recognizes Rob for his work in Banking and Finance, and Best Lawyers lists Rob as a leading attorney in the field of Banking and Finance Law. Additionally, Rob has been rated by American Lawyer as a "2013 Top Rate Lawyer in Health Care."
· Represented consumer products manufacturer in its $150,000,000 senior credit facility, consisting of a $75,000,000 revolver and a $75,000,000 incremental facility, which closed simultaneously with a 144A offering of high yield notes in the amount of $250,000,000
· Represented a private equity sponsored rural hospital company in connection with senior secured credit facility involving a $395,000,000 first lien and $65,000,000 second lien; first lien was syndicated
· Represented a healthcare technology company in its $135,000,000 senior credit facility
· Represented a sponsor-backed ambulatory surgery center company in its $50,000,000 revolving credit facility which involved the refinance and restructuring of existing senior credit facility and bond tranche
· Represented an investor-owned hospital system in the negotiation and documentation of a $745,000,000 credit facility, including a revolver, term and incremental term components
· Represented the healthcare finance division of a publicly-traded company in connection with a $47,100,000 syndicated first lien and second lien credit facilities to a behavioral healthcare company in an acquisition financing
· Represented a private equity firm and its portfolio companies in re-negotiating and amending their senior credit facilities during the recent period of market turbulence
· Represented a healthcare specialty lender in providing $6,000,000 receivables-based exit financing for a California-based hospital exiting bankruptcy
· Represented healthcare finance division of a publicly-traded company in connection with a $29,000,000 syndicated credit facility with a revolver and three term tranches
· Represented the healthcare finance division of a publicly-traded company in connection with a $47,000,000 first lien and second lien credit facilities to a home health company, with a significant private equity component
· Represented healthcare receivables lender in a $5,000,000 revolving asset-based loan to a medical device and services company, with operations nationwide
· Represented a privately-held company in a leveraged buyout to finance the purchase of a competing business in the pet product industry; handled the financing of the transaction, which involved establishing a $195,000,000 senior credit facility, including a $45,000,000 revolving credit facility and a $50,000,000 term B facility
· Represented a finance subsidiary of a publicly-traded manufacturing company in a $60,000,000 project financing of a series of three power generation stations in Brazil
· Member, Tennessee, New York and District of Columbia Bar Associations
· Associate, Skadden, Arps, Slate, Meagher & Flom, LLP, 1993-97
04.13.12, URGENT CARE NEWS, "Top Four Legal Issues to Consider When Opening an Urgent Care Center"
1/1/2007, "Using the Double Lockbox to Navigate Healthcare Asset-Based Lending," by Robert L. Harris, ABF Journal
09.23.09, "Section 363 Sales In The US," Financier Worldwide, October 2009
8/8/2012, "Recent Trends in Legal Financing Terms," Robert L. Harris, Presenter at Cressey & Company CFO Conference
11/7/2011, "Financing the Future: Options and Outlook for Not-for-Profit and Investor-Owned Providers," Robert L. Harris, Moderator at Directions in Healthcare 2011
9/23/2011, "Recent Trends in Healthcare Financing," Robert L. Harris, Moderator at Leadership Health Care
4/1/2011, "Financing Physician Practices: A Shifting Landscape," Robert L. Harris, Presenter at Yale Healthcare Conference
2/23/2011, "Lockbox Remedies: Enforceability of Court Orders Directing Medicare and Medicaid Payments to Secured Lenders," Robert L. Harris, Presenter at Client Healthcare Team Retreat
08.21.09, 2009 Southeastern Banking Seminar
04.17.12, Waller Lansden Announces New Directors to Board
02.24.12, Twenty-Four Waller Lansden Attorneys Recognized as "Leaders in the Field" by Chambers USA
· Chairman of the Board of Trustees of Nashville Debate, a non-profit entity committed to bringing a policy debate program to Nashville's public schools
· Former Chairman of Board of Trustees of the Amyotrophic Lateral Sclerosis (ALS) Association-Tennessee Chapter, a non-profit corporation dedicated to finding a cure for ALS (Lou Gehrig's Disease)
Married with three children, Rob especially enjoys international travel. A recent trip included spending time in the Brittany region of France.
He is also an avid runner and fitness devotee.