Overview
Jennifer B. Hildebrandt is a partner in the Global Finance group of Paul Hastings. Jennifer represents banks and other lenders in commercial finance matters (including asset-based loans and cash flow loans), restructurings, workouts and special situation lending. Jennifer has extensive experience in multi-tranche and multi-lien transactions. In particular, Jennifer has extensive experience representing lenders in two lien deals, split collateral deals and first-out / last-out unitranche transactions. In addition, she has experience in various business sectors including healthcare, software, retail, insurance, media, franchise, restaurants, casinos, manufacturing, and vehicle and airline transportation, and in cross-border transactions. Prior to joining Paul Hastings, Jennifer practiced in bankruptcy courts in the Central District of California.
Accolades
- Banking & Finance: California, Chambers USA
Education
- Pepperdine University School of Law, J.D. (cum laude, member of the Law Review)
- Pomona College, B.A.
Engagement & Publications
- “Drafting Standstills in Intercreditor Agreements: Balancing Rights and Remedies of Junior and Senior Lienholders,” Stafford, Speaker (August 2021)
- “Need Debt Financing? Alternatives to Traditional Bank Lending,” Institute for Corporate Counsel, Moderator (December 2016)
- “Structuring Intercreditor Agreements in Split Collateral Transactions,” Strafford Webinars, Speaker (October 2018 and November 2019)
- “Drafting Standstills: Junior Creditor Standstill Periods and Remedies,” Strafford Webinars, Speaker (November 2016)
- “Unitranches: Best of Both Worlds or Worst of Two Worlds Rolled into One?,” Financial Lawyers Conference Legal Panel, Speaker (November 7, 2013)
- “Agreements Among Lenders in Unitranche Lending: Structural Issues and Current Trends,” Strafford Webinar, Speaker (December 3, 2013)
- “Intercreditor Issues and Unitranche Loans,” Association of Commercial Finance Attorneys CLEW, Speaker (May 17, 2014)
- “Unitranche Financing for Middle Markets: Loan Facility Structure and Market Trends for Borrowers and Lenders,” Strafford Webinar, Speaker (June 12, 2014)
- “UCC Foreclosures on Collateral: Effectuating a Sale and Evaluating Article 9 Alternatives,” Strafford Webinar, Speaker (November 17, 2014)
- “Intercreditor Arrangements: Reading Between the Liens,” LSTA Webinar, Speaker (January 20, 2015)
- “Does Unitranche Mean Unity? Demystifying the Agreement Among Lenders,” Association of Commercial Finance Attorneys Legal Panel, Speaker (February 25, 2015)
- "Evaluating Key Intercreditor Arrangements: First Lien/Second Lien, Split Collateral, Senior/Mezzanine, Unitranche," Stafford Webinar, Speaker (July 2016)
- Numerous speaking engagements and training programs on a variety of topics, including:
- Restructurings and Workouts
- Intercreditor Agreements
- Split Collateral Intercreditor Arrangements
- Trends in commercial loan documentation
- Unitranche facilities
- Credit Agreements
- Due Diligence
Publications
- “Borrower in Distress? A Toolbox for Secured Lenders,” The Secured Lender, Co-author (October 2016)
- “Unitranche Credit Facilities: Advantages, Disadvantages and Recent Developments,” The Secured Lender, Co-author (June 2013)
- “Equitable Subordination: What a Secured Lender Should Know,” State Bar of California Business Law News, Co-author (Issue 4 2014)
- “Predictions for Intercreditor Arrangements in 2015 and Beyond – The Devil Really is in the Details,” The Secured Lender, Co-author (April 2015)
- “Comparing Intercreditor Arrangements,” LSTA Loan Market Chronicle, Co-author (2015)
- “RadioShack – Bankruptcy Court Implicitly Recognizes Enforceability of Agreement Among Lenders But Limits Coverage of First Out Contingent Indemnification Claims,” Paul Hastings Client Alert, Co-author (May 2015)
Involvement
- Member – Commercial Transactions Committee, Business Law Section of the State Bar of California
- Member – Business Section of the American Bar Association and the Los Angeles County Bar Association