Overview
Erec Winandy is a partner in the Global Finance practice at Paul Hastings and is based in the firm's Dallas office. He leads a skilled and experienced team that prides itself on providing commercial and creative solutions for even the most complex deals, including acquisition and leveraged finance, asset-based lending and reserve-based lending, subscription-backed lending, and structured finance.
A finance attorney for two decades, Mr. Winandy has extensive experience in all aspects of the energy and natural resources industry including oil and gas exploration and production, renewables and clean energy, oilfield services, midstream, including storage and transportation, and refining. In addition to energy, Mr. Winandy works on asset-based lending deals in the retail and manufacturing space.
Mr. Winandy has represented lead arrangers, corporate borrowers and private equity funds in U.S. domestic and international syndicated loan transactions, including extensive involvement in secured and unsecured credits, senior and subordinate lending, restructure/workout financings, debtor-in-possession facilities and complex intercreditor arrangements.
Mr. Winandy’s work has earned him recognition in multiple publications. The Best Lawyers of America, named him “Lawyer of the Year” in Banking and Finance Law in the Dallas-Fort Worth area in 2019. In Chambers USA, he was praised as a “very active and well informed” attorney who “can speak with authority.” (2019)
Recognitions
- Chambers USA, Banking & Finance (Texas), 2014–2023
- The Best Lawyers in America© (BL Rankings, LLC), “Lawyer of the Year,” Banking & Finance Law (Dallas/Fort Worth), 2019
- The Best Lawyers in America© (BL Rankings, LLC), Banking & Finance Law (Dallas), 2013–2024
- Legal 500 U.S., Finance: Commercial Lending, 2018–2023
- D Magazine, “The Best Lawyers in Dallas Under 40,” Lending Law, 2006
- Selected to the Texas Super Lawyers list, Super Lawyers (Thomson Reuters), 2014–2023
- Selected to the Texas Rising Stars list, Super Lawyers (Thomson Reuters), 2006 and 2008–2014
- IFLR1000, 2020–2023
Education
- University of Texas School of Law, J.D. with honors, 2000
- Southern Methodist University, Honors B.B.A. cum laude, 1997
Representations
- Wells Fargo Bank, N.A. in a $2.5 billion reserve-based revolving credit facility to Energen Corporation
- JPMorgan Chase, N.A. in a $1.6 billion secured reserve-based revolving credit facility to Denbury Resources Inc.
- Bank of America, N.A. in a $1.25 billion revolving credit facility to Sunoco L.P.
- Royal Bank of Canada in a $900 million revolving credit facility to Martin Midstream Partners L.P.
- HollyFrontier Corporation in its $1 billion senior unsecured revolving credit facility
Asset-Based Lending
- Bank of America, N.A. in a $1.5 billion secured revolving credit facility to Sunoco L.P.
- JPMorgan Chase Bank in an $800 million syndicated, asset-based revolving credit facility to Dillard’s, Inc.
- JPMorgan Chase Bank, N.A. in a $75 million revolving credit facility to The Container Store, Inc.
- JPMorgan Chase Bank in a $100 million asset-based revolving credit facility to Vitamin Shoppe Industries LLC
Energy – Upstream Oil & Gas
- Bank of America, N.A. in a $2 billion secured reserve-based revolving credit facility to Memorial Resource Development Corp.
- JPMorgan Chase Bank, N.A. in a $1 billion secured reserve-based revolving credit facility to Approach Resources Inc.
- JPMorgan Chase, N.A. in a $1.6 billion secured reserve-based revolving credit facility to Denbury Resources Inc.
- Wells Fargo Bank, N.A. in a $1.5 billion revolving credit facility to Atlas Resource Partners, L.P.
- Wells Fargo Bank, N.A. in a $2.5 billion reserve-based revolving credit facility to Energen Corporation
- Wells Fargo Bank, N.A. in $2 billion revolving credit facility to Laredo Petroleum, Inc.
- Wells Fargo Bank, N.A. in a $2 billion revolving credit facility to Oasis Petroleum North America LLC
- Wells Fargo Bank, N.A. in a $2.5 billion revolving credit facility to SM Energy Company
- RSP Permian, Inc. in a $1 billion revolving credit facility
Energy – Midstream Oil & Gas
- Wells Fargo Bank, N.A. in a $350 million revolving credit facility to Blueknight Energy Partners
- Lead left arranger and administrative agent in a $650 million revolving credit facility and broadly syndicated pari passu term loan B facility provided to Southcross Energy Partners, LP
- Wells Fargo Bank, N.A. in a $1.2 billion revolving credit facility to Regency Energy Partners
- Royal Bank of Canada in a $900 million revolving credit facility to Martin Midstream Partners L.P.
- Holly Energy Partners, L.P. in a $650 million revolving credit facility
Energy – Downstream Oil & Gas
- HollyFrontier Corporation in its $1 billion senior unsecured revolving credit facility
Matters may have been handled prior to joining Paul Hastings.
Involvement
- Member: American Bar Association Business Law Section; Dallas Bar Association
- Member: Board of Directors of Wesley Rankin Community Center https://wesleyrankin.org/
- Member: Advisory Board of Connecting Point of Park Cities https://www.mycppc.org/