Gib Masters

Representative Experience

• Workouts, Foreclosures, Receiverships & Bankruptcy Plus

  • Represented a public company to recover funds that were inadvertently wired in excess of the amounts owed. Reviewed and analyzed conflicting reports and spreadsheets from the transferee to develop a theory to contradict the transferee’s defenses of reliance and lack of knowledge.

  • Represented lender in connection with a collection of multiple loans secured by multiple warehouse rental properties.

  • Counsel to the unsecured creditors committee in Blue Heron Paper bankruptcy.

  • Assisted bank in identifying check-kiting scheme and resolved the matter without any loss for the bank.

  • Obtained full recovery for secured bank lender on equipment that was sold to shell company and subsequently refinanced by unsuspecting finance company.

  • Represented lender in contested receivership action involving a partially completed office building.

  • Counseled lender in several strip mall receiverships.

• Timber & Agricultural Financing Plus

  • Represented the collateral agent and lead lender on $214 million credit facilities to a Northwest timber company.

  • Represented the agent and lead lender on $200 million credit facilities for a Northwest timber and wood products company. The collateral consisted of timber and mill properties in three states.

  • Represented the agent and lead lender on $70 million term and revolving credit facilities to agricultural co-op.

  • Counseled lender in $15 million revolving and term loans to fruit company.

  • Represented the agent and lead lender on $230 million credit facilities to a Northwest timber company.

  • Represented a bank in connection with a $40 million loan to a West Coast timber company.

• Tribal Financing Plus

  • Counseled tribe on a $625 million revolving and term credit facilities for expansion of a gaming and hotel property.

  • Counseled tribe on a $39 million construction loan facility for expansion of a gaming and hotel property.

  • Counseled tribe on a $500 million revolving credit facility.

  • Counseled tribe on an $8.5 million construction loan facility for sewer system.

  • Counseled tribe on a tax revenue loan.

  • Counseled bank on a loan to tribal enterprise secured by specified tax revenues.

• Borrower Financing Plus

  • Represented a Seattle public company in connection with its $500 million revolving credit facility.

  • Counseled a large family-owned winery related to a $275 million asset based revolving facility and $140 million of term loans from farm credit lender

  • Represented a public company retailer in connection with a $35 million asset based loan facility.

• Real Estate & Construction Plus

  • Counseled manufacturer in structuring and negotiating a complex construction loan facility to mitigate potential damages arising from use of the manufacturer’s product.

  • Negotiated the terms of a mezzanine debt intercreditor agreement on behalf of senior construction lenders to a cold‐storage facility.

  • Developed form of ground lease for public university client in advance of RFP to develop commercial property.

  • Represented developer in the acquisition and sale of solar projects.