Comprehensive banking efforts to achieve regional franchisee goals

Kayne Law Group represented a national bank in its acquisition and development loans to a large regional Taco Bell franchisee. KLG was involved in several key elements: the negotiation of a credit agreement involving eight different loan facilities to eight separate borrower entities; the review and resolution of title insurance matters for 15 individual sites; resolving issues with pre-existing site work at a number of the development sites; the identification and resolution of intercreditor, subordination and estoppel matters; and coordinating the partial payoff of an existing loan facility involving the termination of an interest rate swap.