Kutak Rock – $229.5 Million Net Lease Mortgage Notes Issued

Using a master trust structure for real estate transactions pioneered by Kutak Rock LLP in 2005, a team of Denver attorneys recently acted as issuer’s counsel to STORE Capital Corporation, a private REIT, in connection with the issuance by its subsidiary, STORE Master Funding I LLC, of $229.5 million net lease mortgage notes. The STORE subsidiary is a bankruptcy remote, special purpose financing entity. The notes were rated A (sf) and BBB (sf) by Standard & Poor’s and purchased by institutional investors. The collateral for these notes consisted of 132 commercial real estate properties across various industry sectors, including related rents due under triple-net leases with the properties’ tenants. The master trust structure permits additional collateral to be added to the pool at a later date and also the issuance of additional notes in the future secured by the larger collateral pool.

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Tags:  Kutak Rock LLP | Denver

Michael Stiff Recruited by Baker Hostetler in Denver

The Denver office of Baker Hostetler recently announced the expansion of its Denver office with the recruitment of Michael J. Stiff. Joining the firm from Stiff, Zisman & Ingraham, P.C., Mr. Stiff will join the firm’s tax practice. With extensive experience in estate planning, probate, trust administration and business law, Mr. Stiff will surely be a great addition to Baker Hostetler.

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Tags:  Baker & Hostetler LLP | Denver

Four Partner Team Recruited by Bryan Cave Denver

The Denver office of Bryan Cave has expanded its litigation department with the recruitment of four lateral partners from Brownstein Hyatt Farber Schreck. The team includes Peter Korneffel, Timothy Beyer, Amy Benson and Kathryn DeBord.  These litigators bring significant experience in commercial and intellectual property litigation and are well respected in the legal world.

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Tags:  Bryan Cave Leighton Paisner LLP | Denver

Bryan Cave HRO Lands Top Trial Team

Bryan Cave HRO announced today the addition of four partners to the law firm, all of whom will work in the Denver office and practice in the Litigation client service group. This addition marks one of the largest moves of lateral partners in the Denver legal market year to date. The entire group of new attorneys comes from the Denver office of Brownstein Hyatt Farber Schreck (BHFS).

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Tags:  Bryan Cave Leighton Paisner LLP | Denver

Former Acting Secretary of Labor and U.S. Attorney, Henry L. Solano, Joins National Law Firm Wilson Elser

National law firm Wilson Elser has hired Henry L. Solano, formerly an acting secretary of labor appointed by President Clinton, and a U.S. attorney for the District of Colorado, as a partner. He is based in both the firm’s New York City and Denver offices. Most recently, Mr. Solano was a partner in Dewey & LeBoeuf’s New York City office.

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Tags:  Wilson Elser Moskowitz Edelman & Dicker LLP | Denver