Gail Merel

Gail Merel

Expertise

  • Banking and Finance
  • Bankruptcy, Restructuring and Creditors’ Rights
  • Energy
  • Chemicals, Petrochemicals and Refining

WSG Practice Industries

Activity

Hunton Andrews Kurth LLP
Texas, U.S.A.

Profile

Gail has extensive experience in a variety of corporate transactions with a particular emphasis on corporate finance.

Gail's practice has included syndicated and single-lender loan and letter of credit facilities, debt restructures, project financings, leveraged and synthetic lease transactions, structured financings, asset securitizations, cross-border and multi-currency financings, taxable and tax-exempt public debt issuances, private placements, commercial paper programs, collateralized mortgage obligations, venture capital investments and lender liability counseling.

Gail has represented a wide range of participants in these matters, including national, state and foreign banking institutions, insurance companies, trustees, asset-based and other lending institutions, underwriters, venture capital investors, securities issuers, borrowers and other corporate clients. A significant portion of her practice has also been devoted to transactions related to the health care industry. Gail also has extensive experience in handling secured transactions, including under both Articles 8 and 9 of the Uniform Commercial Code.

Gail has been named one of the Best Lawyers in America for each year since 1995, as published by Woodward/White Publications. Among her professional honors, she has been elected a Fellow of The American College of Commercial Finance Lawyers.

Representative Experience

  • Representation of affiliated oil and gas production investment companies in secured, syndicated credit facilities aggregating $3 billion
  • Representation of financial institution in $35 million syndicated acceptance facility
  • Representation of litigation support services company in its senior credit facility, subordinated debt facilities, intercreditor arrangements and equity investments
  • Representation of public hospital corporation in its receivables securitization facility and $65 million asset-based loan and letter of credit facility
  • Representation of independent oil and gas producer in public offering of $150 million guaranteed senior subordinated notes and related exchange
  • Representation of petrochemical producer in $475 million syndicated cogeneration project financing
  • Representation of telecommunications provider in $300 million debtor-in-possession revolving credit facility
  • Representation of trustee in $40 million Rule 144A convertible senior subordinated note issuance

Education

BS, School of Industrial and Labor Relations, Cornell University, valedictorian, 1969
Areas of Practice

Banking and Finance | Bankruptcy, Restructuring and Creditors’ Rights | Chemicals, Petrochemicals and Refining | Energy | Energy Services | Health Care | Health Care and Life Sciences | Natural Gas | Oil, Gas and LNG | Pipeline | Project Finance and Development

Articles

  • Legal Opinions in Business Transactions: Statement on Entity Status, Power and Authority Opinions Regarding Pre-Code Texas Entities and Pre-Code Registered Foreign Entities under the Texas Business Organizations Code,” Supplement No. 5 to the Report of the Legal Opinions Committee, Texas Journal of Business Law
  • Rethinking the Opinion Giver of the Remedies Opinion, The Business Lawyer of the American Bar Association
  • Legal Opinions—Who May Rely? The Business Lawyer of the American Bar Association
  • Legal Opinions in Business Transactions," Supplement No. 6 to the Report of the Legal Opinions Committee, Texas Journal of Business Law
  • Legal Opinions in Business Transactions: Statement on Changes to the Procedure for Good Standing Certificates Issued by the Texas Comptroller of Public Accounts, Supplement No. 6 to the Report of the Legal Opinions Committee, Texas Journal of Business Law 
  • Working Group on Legal Opinions Fall and Spring Seminar Handbooks
  • Legal Opinion Risk Seminar Handbook
  • Common Qualifications to a Remedies Opinion in U.S. Commercial Loan Transactions, The Business Lawyer of the American Bar Association
  • Fuld @ 40: A Group Project on Common Qualifications to a Remedies Opinion in U.S. Commercial Loan Transactions, The Business Lawyer of the American Bar Association
  • Legal Opinions in Business Transactions," Supplement No. 5 to the Report of the Legal Opinions Committee, Texas Journal of Business Law
  • “Legal Opinions in Business Transactions: Statement on ABA Principles and Guidelines,” Supplement No. 4 to the Report of the Legal Opinions Committee, Texas Journal of Business Law
  • AK Migration: Amendments to Chapter 9 of the Texas UCC
  • AK Migration: Statement on Legal Opinions Regarding Indemnification and Exculpation Provisions Under Texas Law," Co-Author,
  • AK Migration: Legal Opinions on Usury," Supplement No. 1 to the Report of the Legal Opinions Committee, Co-Author,
  • AK Migration: Legal Opinions as to Securities and Other Investment Property," Supplement No. 2 to the Report of the Legal Opinions Committee, Co-Author,
  • AK Migration: The Protection of Individual Choice: A Consistent Understanding of Religion Under the First Amendment" (co-authored)
  • AK Migration: Texas Legislature Amends Statute on Choice of Law