Elliot P. Forhan

Associate

Cleveland
T +1.216.861.7082
F +1.216.696.0740

Overview

Elliot Forhan focuses his practice on business and finance areas, and he has advised public and privately held clients on a range of general corporate matters. In his finance practice, Elliot has represented borrowers and lenders in a variety of sophisticated financing transactions, many in the acquisition context. In developing his emerging practice, Elliot places emphasis on finding creative and efficient solutions to the demands that businesses face, both day-to-day and significant.

Select Experience

Debt Finance
  • Lead associate in the representation of a publicly traded medical-device manufacturer in connection with obtaining new credit facilities related to the $24-billion acquisition of a publicly traded medical-technology developer.
  • Lead associate in the representation of a group of banks in connection with arranging a new term loan for a publicly traded long-haul internet provider under the company’s existing senior secured credit facility related to its $5.7-billion acquisition of an enterprise-telecommunications company.
Securities Offerings and Mergers & Acquisitions
  • Assisted in the representation of a beer producer in connection with its $20.1-billion acquisition by another beer producer.
  • Assisted in the representation of a hotel chain in connection with its $12.2-billion merger with another hotel chain.

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Experience

Debt Finance
  • Lead associate in the representation of a publicly traded medical-device manufacturer in connection with obtaining new credit facilities related to the $24-billion acquisition of a publicly traded medical-technology developer.
  • Lead associate in the representation of a group of banks in connection with arranging a new term loan for a publicly traded long-haul internet provider under the company’s existing senior secured credit facility related to its $5.7-billion acquisition of an enterprise-telecommunications company.
  • Lead associate in the representation of an affiliate of a professional golf-tour organizer in connection with amending its existing credit facility related to the acquisition of a marketing-technology and service provider.
  • Lead associate in the representation of a bedside-diagnostic-service provider in connection with obtaining a new credit facility and various workout-advisory tasks, including making an equity investment to cure a default under a credit agreement.
  • Assisted in the representation of an emergency-notification-systems provider in connection with obtaining a new credit facility related to the acquisition of an enterprise-notification provider.
  • Lead associate in the representation of a multinational bank, as joint lead arranger and administrative agent, in connection with:
    • arranging a new $1-billion credit facility for a postal-services company;
    • arranging a new $1-billion credit facility as part of a refinancing for a media company;
    • arranging a new $1-billion credit facility for a consumer-electronics company;
    • arranging a new $1-billion credit facility for an agricultural company and amending its existing credit facilities, and
    • the preparation and filing of all mortgages and other real-property security interests in connection with the $1.75-billion senior secured term-loan facilities of an automobile manufacturer.
  • Lead associate in the representation of multiple publicly traded portfolio funds of an investment company in connection with obtaining new secured credit facilities.
  • Assisted in the representation of a publicly traded biopharmaceutical company in connection with obtaining lease financing related to the $720-million acquisition of a corporate headquarters campus.
Securities Offerings and Mergers & Acquisitions
  • Assisted in the representation of a beer producer in connection with its $20.1-billion acquisition by another beer producer.
  • Assisted in the representation of a hotel chain in connection with its $12.2-billion merger with another hotel chain.
  • Lead associate in the representation of the underwriters in connection with a €600-million registered offering of notes of a publishing company.
  • Lead associate in the representation of the underwriters in connection with a registered offering of common stock of a containership-management company.
  • Assisted in the representation of a chemicals manufacturer in connection with a $500-million unregistered offering of senior notes pursuant to Rule 144A and Regulation S and a concurrent cash tender offer for an outstanding series of its senior notes.

Recognitions and Memberships

Services

Prior Positions

  • U.S. Department of the Treasury, Office of Financial Stability: Legal Intern (2011)

Admissions

  • New York
  • [Not admitted in Ohio]

Education

  • J.D., Yale Law School, 2013; Yale Journal on Regulation, Editor; Yale Law & Business Society
  • B.A., Kenyon College, 2008, summa cum laude

Languages

  • French
  • Spanish