Overview
Dick M. Okada focuses his practice on the representation of lenders, borrowers or other parties involved in commercial loan transactions, debt restructurings and transactions involving Article 9 of the Uniform Commercial Code.
Dick has represented major financial institutions acting as agents or lenders, and privately held or family-owned funds or businesses, in connection with senior or subordinated secured credit facilities, equipment lessors, factoring companies, venture investors and manufacturing companies and other trade creditors in the structuring and documentation of new transactions, the restructuring of existing transactions (in Chapter 11 and out-of-court) and the enforcement of their rights. He also has extensive experience dealing with the financing of major retail inventory liquidations, as well as the financing of factoring or asset-based lending businesses.
Results
- Represented an agent in connection with a $300 million revolving credit facility secured by a portfolio of venture finance loans made by the borrower to clients in various emerging industries
- Represented an agent in connection with a $175 million revolving credit facility secured by a portfolio of asset-based loans made by the borrower to clients in the health care industry
- Represented a private client as a borrower in connection with a $150 million revolving credit facility secured by the borrower’s interests in hedge funds, investment partnerships or other investment funds
- Represented a private client as a borrower in connection with a $150 million revolving credit facility secured by the borrower’s interests in hedge funds and private equity funds
- Represented an operator of marine terminal as a borrower in connection with a $37.5 million term loan and a $5 million revolving credit facility secured by the borrower’s real estate and personal property assets
- Represented a private equity fund as the borrower in connection with an acquisition loan to acquire assets of a manufacturing company
Community
- American Bar Association, Business Law Section, Uniform Commercial Code and Secured Transactions committees
- State Bar of California, Business Law Section, Uniform Commercial Code Committee
Credentials
Education
University of Chicago Law School, JD, 1981
Yale University, BA, cum laude, 1978
Admissions
California
New York
Courts / Agencies
US District Court for the Central District of California
US District Court for the Eastern District of California
US District Court for the Northern District of California
US District Court for the Eastern District of New York
US District Court for the Southern District of New York
