Overview Experience Case Studies Insights Events News Outside the Office Community Leadership Career Journey

Alexander Terras

Senior Counsel

The Link Virtual Office
phone: 312.526.1537
fax: 312.655.1501

email: [email protected]

Chicago*

Overview Experience Case Studies

Insights Events News

Outside the Office Community Leadership Career Journey

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“Thank you for a great review and analysis – thank you for being on our team.”

Brendan Keegan, CEO, Merchants Fleet Management

Overview

Alex focuses his practice around insolvency, corporate finance and general business transactions matters.

The equipment and transportation finance industry values Alex’s unparalleled experience and knowledge in litigation, insolvency, compliance and portfolio administration matters. Alex serves as first point of legal contact to Merchants Fleet Management, a leading national fleet leasing and management company, and continues to collaborate with other attorneys in the firm on industry matters. Alex recently closed a syndicated financing and note offering worth more than $1 billion for the client.

In addition, Alex’s relationship with transportation finance business of BMO Harris Bank, which was acquired from GE Capital in 2015, began in 1978 and continues today. He has served equipment and transportation finance clients for more than 40 years.

“Thank you for a great review and analysis – thank you for being on our team.”

Brendan Keegan, CEO, Merchants Fleet Management

Industry

Financial Services & Capital Markets

Services

Aviation

Banking & Finance

Insolvency & Commercial Bankruptcy

Education

J.D., DePaul University

Admissions

Illinois

Languages

German, fluent

*Contact Alexander to set up an in-person consultation by appointment in the Chicago office.

Featured Experience

Client Prevails in Actions against Multiple Guarantors

In an insolvency case, a large finance company client ousted management of its quick service restaurant with hundreds of stores, then successfully sold the business. However, the client still faced a deficiency balance of many millions of dollars. Alex represented the client in protracted litigation in five jurisdictions, three appeals and a trial of fraudulent conveyance action. Our client prevailed on all fronts and recovered 100 percent of principal, interest and litigation expenses from multiple guarantors – an outcome that significantly contributed to the client’s results for the quarter and year.

Additional Experience

Loan and Lease Portfolio Management

Managed enforcement, defensive litigation and insolvency matters nationwide for several major wholesale finance companies in engagements for more than 40 years and continues to serve these clients.

Syndicated Borrowings

Represented borrower in transactions valued at more than $1 billion and supported by collateral in 50 states, as well as specialized securitization entities.
Represented leading investment fund in closing challenging and complex structured loans to both technology startups and distressed borrowers.

Insolvency

Represented principal secured lender and debtor-in-possession lender in successful reorganization of 80-store chain of family restaurants.
Represented debtor in successful reorganization of 74-store quick service restaurant franchisee.

Corporate

Served as director and counsel to U.S. business of German and Swiss companies in manufacturing and distribution of high-tech commercial building products.
Counseled U.S. pharmaceutical company in product licensing contracts with German and Brazilian counterparties.
Counseled national grocery chain on compliance concerns in Supplemental Nutrition Assistance Program (SNAP) registrations.

Aviation

Represented finance units of nation's leading aircraft manufacturers in litigation, restructuring and insolvency matters.
Represented corporate aircraft group of leading finance company in litigation, restructuring and insolvency matters.
Assisted client in recovering aircraft from prominent Middle Eastern arms dealer after worldwide chase.
Represented client in aviation sale to the president of a nation state.
Helped numerous institutional lender clients negotiate owned aircraft from Drug Enforcement Administration (DEA) custody.
Restructured aircraft obligations of prominent entrepreneurs, artists and politicians following changes in financial status.

Outside the Office

Alex enjoys playing tennis. He was captain of the University of Chicago tennis team and once won $75 playing professional tennis.

Community Leadership

Global Executive Council Services (GEC), Board of Directors, Legal Adviser
Chicago Sinfonietta, Board of Directors