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 over two decades, Erec 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, Erec works on asset-based lending deals in the retail and manufacturing space.
Erec has represented lead arrangers, corporate borrowers and private equity funds in U.S. domestic and international syndicated loan transactions, with extensive involvement in secured and unsecured credits, senior and subordinate lending, restructure/workout financings, debtor-in-possession facilities and complex intercreditor arrangements.
Erec’s work has earned him recognition in multiple publications. In Chambers USA, he is ranked in Band 1 in Texas for Banking & Finance and has been praised as “commercial and responsive” with “a vast amount of knowledge and experience” (2024). The Best Lawyers of America named him “Lawyer of the Year” in Banking and Finance Law in the Dallas-Fort Worth area in 2019.
Accolades
- Banking & Finance Texas, Chambers USA
- Lawyer of the Year, Banking & Finance Law, The Best Lawyers in America (2019)
- Banking & Finance Law (Dallas), The Best Lawyers in America
- Finance: Commercial Lending, Legal 500 US
- IFLR1000
- Texas Super Lawyer, Super Lawyers
- Best Lawyers in Dallas Under 40, Lending Law, D Magazine
- Texas Rising Stars list, Super Lawyers
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 in a $2.5 billion reserve-based revolving credit facility to Energen.
- JPMorgan Chase in a $1.6 billion secured reserve-based revolving credit facility to Denbury Resources.
- Bank of America in a $1.25 billion revolving credit facility to Sunoco.
- Royal Bank of Canada in a $900 million revolving credit facility to Martin Midstream Partners.
- HollyFrontier in its $1 billion senior unsecured revolving credit facility.
Asset-Based Lending
- Bank of America in a $1.5 billion secured revolving credit facility to Sunoco.
- JPMorgan Chase Bank in an $800 million syndicated, asset-based revolving credit facility to Dillard’s.
- JPMorgan Chase Bank in a $75 million revolving credit facility to The Container Store.
- JPMorgan Chase Bank in a $100 million asset-based revolving credit facility to Vitamin Shoppe Industries.
Energy – Upstream Oil & Gas
- Bank of America in a $2 billion secured reserve-based revolving credit facility to Memorial Resource Development.
- JPMorgan Chase Bank in a $1 billion secured reserve-based revolving credit facility to Approach Resources.
- JPMorgan Chase in a $1.6 billion secured reserve-based revolving credit facility to Denbury Resources.
- Wells Fargo Bank in a $1.5 billion revolving credit facility to Atlas Resource Partners.
- Wells Fargo Bank in a $2.5 billion reserve-based revolving credit facility to Energen.
- Wells Fargo Bank in $2 billion revolving credit facility to Laredo Petroleum.
- Wells Fargo Bank in a $2 billion revolving credit facility to Oasis Petroleum North America.
- Wells Fargo Bank in a $2.5 billion revolving credit facility to SM Energy.
- RSP Permian in a $1 billion revolving credit facility.
Energy – Midstream Oil & Gas
- Wells Fargo Bank in a $350 million revolving credit facility to Blueknight Energy Partners.
- The 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.
- Wells Fargo Bank 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.
- Holly Energy Partners in a $650 million revolving credit facility.
Energy – Downstream Oil & Gas
- HollyFrontier 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, Wesley Rankin Community Center
- Member – Advisory Board, Connecting Point of Park Cities