George J.Cahill

Of Counsel

New York + 1.212.326.3469

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George Cahill is a seasoned lawyer with two decades of law firm and in-house experience focusing on trading agreements, structured products, private credit, and restructurings.

George advises dealers and end-users on derivatives documentation and regulations. He has significant transactional experience across asset classes, including credit, equities, energy, commodities, interest rates, and currencies, and he regularly counsels clients on the regulatory frameworks that developed in the wake of the Dodd-Frank Act.

George has substantial experience with structured products and has represented arrangers, trustees, collateral managers, and investors in a wide variety of securitizations, including collateralized loan obligations (CLOs), residential mortgage-backed securities (RMBS), and esoteric asset-backed securitizations (ABS).

He has also represented lenders, borrowers, and sponsors in loan originations, including private credit transactions and portfolio financings.

George regularly advises creditors and debtors in connection with restructurings, liability management transactions (LMTs), intercreditor disputes, and credit default swap (CDS) positions.

Prior to rejoining Jones Day, George was a partner at another global law firm. He also spent more than a decade as in-house counsel at financial institutions, most recently as a managing director of the Lehman Brothers Holdings bankruptcy estate, where he oversaw the unwind of more than a million derivatives trades in connection with the largest bankruptcy in history.

George is also a chartered financial analyst (CFA) charterholder and a member of New York City Bar Association's structured finance committee.

Experience

  • MassMutual and affiliate Great American Life Insurance Company enter into financing arrangement with others to purchase approximately $800 million of asset-backed notes to fund acquisition of natural gas assets located in TexasJones Day represented Massachusetts Mutual Life Insurance Company and Great American Life Insurance Company in connection with the issuance and purchase of approximately $800 million of asset-backed notes and certificates, the proceeds of which are being used to acquire natural gas assets located in Texas.
  • Private credit lender provides $105 million credit facility to owner of upstream oil and gas assets located in Permian Basin of Texas and New MexicoJones Day advised a private credit lender in the structuring and negotiation of a $105 million senior secured term loan and revolving credit facility provided to an owner of upstream oil and gas assets located in the Permian Basin of Texas and New Mexico.
  • Wells Fargo-led syndicate of lenders successfully negotiate secured $1.1 billion restructuring credit facility for Pennsylvania Real Estate Investment Trust (PREIT)Jones Day represented Wells Fargo Bank, National Association (“Wells Fargo”), as administrative agent, in connection with the Chapter 11 financial reorganization plan of Pennsylvania Real Estate Investment Trust (“PREIT”), a publicly traded real estate investment trust that owns and manages a portfolio of shopping malls totaling over 23 million square feet of retail space.
  • Merchant banking firm provides $122.5 million acquisition financing to provider of construction accounting software and payroll servicesJones Day advised a merchant banking firm in connection with a $122.5 million senior secured credit facility, comprised of a $110 million term loan and a $12.5 million revolving credit facility, supporting the acquisition of a leading provider of construction accounting software and payroll services for small- to mid-sized specialty contractors in Ohio.
  • Global systemically important bank (GSIB) conducts risk assessment to determine impact of LIBOR transition on enterprise-wide portfoliosJones Day is advising a GSIB with respect to enterprise-wide portfolios impacted by the LIBOR transition, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • Sacyr Concesiones S.L. obtains $451.5 million project financing for Colombian toll road projectJones Day represented Sacyr Concesiones S.L., as sponsor, Unión Vial Río Pamplonita S.A.S., as concessionaire, and Fideicomiso Unión Vial Río Pamplonita S.A.S., as borrower, in connection with a $451.5 million long-term project financing, consisting of a U.S. dollar tranche and Colombian Peso debt tranches, provided by a syndicate of major financial institutions led by Deutsche Bank AG, New York Branch and JPMorgan Chase Bank, N.A.
  • Cardinal States Gathering Company and CSG Holdings obtain $125 million senior secured term loan facilityJones Day represented Cardinal States Gathering Company LLC and CSG Holdings I LLC in connection with a $125 million senior secured term loan facility provided by a syndicate of lenders led by Investec Bank plc, as administrative agent.
  • CSG Holdings obtains $50 million senior secured term loan facilityJones Day represented CSG Holdings II LLC and CSG Holdings III LLC in connection with a $50 million senior secured term loan facility provided by a syndicate of lenders led by Investec Bank plc, as administrative agent.
  • Direct lender provides $100 million senior secured credit facility to upstream oil and gas companyJones Day represented a direct lender in connection with a $100 million senior secured credit facility provided to an upstream oil and gas company.
  • Wells Fargo obtains summary judgment win in CDO litigationJones Day represented Wells Fargo Bank, N.A., Wells Fargo Securities LLC, and affiliate Structured Asset Investors LLC, as successor-in-interest to Wachovia Bank and Wachovia Securities, in an action filed by offshore investment vehicles of the German bank IKB alleging common law fraud in the sales of notes from three CDOs: Octans II, Sagittarius, and Longshore.
  • Corporate trustees seek advice relating to LIBOR transitionJones Day is advising two U.S.-based corporate trustees with respect to portfolios impacted by LIBOR transition and COFI cessation, including conducting portfolio-wide risk impact assessments, analyzing various consumer products, and developing litigation contingency plans.
  • CECO Environmental obtains $190 million financingJones Day represented CECO Environmental Corp., a leading global provider of industrial engineered products and solutions, and certain of its subsidiaries in connection with a new $190 million senior secured credit agreement, consisting of a $140 million senior secured revolving credit facility and a $50 million senior secured term loan facility.
  • Conagra Brands acquires Pinnacle Foods for $10.9 billion in cash and stockJones Day advised Conagra Brands, Inc. in connection with the acquisition and related financing of Pinnacle Foods Inc. in a $10.9 billion merger.
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    April 2022 Commentary

    SEC Proposes Rules to Clarify Dealer-Trader Distinction

    December 2021 Alert

    SEC Proposes Three New Rules for Security-Based Swaps

    December 2020 Newsletters

    Business Restructuring Review | November–December 2020

    December 2020 Newsletters

    New York's Highest Court Upholds Minority Noteholders' Rights Under Trust Indenture Act

    October 2020 Commentary

    New York's Highest Court Upholds Minority Noteholders' Rights Under Trust Indenture Act

    October 2020 White Paper

    ISDA's IBOR Supplement and Protocol: Background, Operation, Prognosis

    October 2020 Alert

    Selecta Determination Provides Further Guidance on Chapter 15 and Bankruptcy Credit Events

    September-October 2020 Newsletters

    Business Restructuring Review | September–October 2020

    September-October 2020 Newsletters

    Matalan: (Some) Additional Clarity on the Impact of English Schemes and Chapter 15 on CDS

    August 2020 Commentary

    Matalan: (Some) Additional Clarity on the Impact of English Schemes and Chapter 15 on CDS
    View All

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