Profile

Timothy E. Powers

Partner

 

Professional Career

Significant Accomplishments

Represented major U.S. and foreign lenders as lead agents and arrangers in more than $35 billion of subscription secured loan facilities to real estate private equity funds, in which a revolving credit facility is made available on the basis of the credit of the fund's investors.

Advised the State Board of Administration of Florida in connection with more than $1 billion in investments in real estate private equity funds.

Advised the lead agent and arranger in a $2 billion multi-currency, multi-jurisdiction credit facility for a major data systems company.

Advised in the formation and served as general counsel to a semiconductor manufacturing joint venture between Hitachi, Ltd. and Texas Instruments Incorporated.

Advised in the general legal affairs and the windup of a U.S. subsidiary of a Japanese semiconductor manufacturer.

Represented U.S. company in connection with its joint venture in India for the development of mid-market business hotels.

Represented a syndicate of Japanese banks in connection with their first ever restructuring of a real estate credit facility in the United States, the $300 million corporate headquarters of 7-Eleven, Inc.

Represented international investors in more than $1 billion in real estate investments in the United States.

Advised in connection with the safe return to its rightful owner in Germany of the Quedlinburg Treasury, known as the greatest and longest unsolved art theft of the 20th century, about which the book Treasure Hunt was written.

Bar Admission

Texas; New York

Education

• J.D., Southern Methodist University Dedman School of Law, 1980
• B.A., University of California, Los Angeles, 1977, with honors