Morrison, Peter R.

Peter R. Morrison

Senior Associate

Peter Morrison focuses his practice both on insolvency and restructuring matters as well as banking and debt finance. His insolvency and restructuring activity has focused on representing various debtors, creditor’s committees, and secured and unsecured creditors in reorganizations and liquidations throughout the nation. He also represents receivers and secured creditors in receiverships and foreclosure proceedings. Peter’s litigation practice is bankruptcy-focused and centers on the prosecution and defense of matters including preference actions, fraudulent transfers, dischargeability contests, declaratory judgment actions, director and officer liability suits and tax litigation.

As counsel to debtors, Peter manages all aspects of a continuing company including business and commercial issues, contract negotiation, corporate governance and employment matters.

Peter’s experience in the banking and debt finance area has included the negotiation, documentation and management of secured and unsecured loan transactions including securitizations, syndicated credit facilities, split collateral pool transactions and bridge financings.

Prior to joining Squire Patton Boggs, Peter was a visiting lawyer with The Legal Aid Society of Cleveland.

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Restructuring & Insolvency

  • Representing a receiver in the successful receivership and sale of all of the assets of a medical supplements company.
  • Representing a debtor bank holding company through all aspects of a Chapter 11 reorganization, including the negotiation of a consensual plan of reorganization, the prosecution and defense of litigation matters with the FDIC and former business and joint venture partners, and the examination of the preference and fraudulent transfer exposure in an effort to maximize estate assets.
  • Successfully representing a secured lender through the plan confirmation process in the highly contested bankruptcy of an industrial automotive supplier.
  • Restructuring the complex secured debt of a national commercial real estate contractor.
  • Successfully defending a major technology supplier in a preference action initiated by the liquidating trustee for a chain of Southern US grocery stores.
  • Successfully defending an Asia-based parts supplier in a preference action initiated by the liquidating trustee of an automotive systems company in Michigan.
  • Defending a multimillion dollar fraudulent transfer and breach of fiduciary duty suit against the former officers and directors of a debt servicing company.
  • Representing an unsecured supplier in the bankruptcy of a major mining company, which included securing critical vendor status and engaging in a thorough preference exposure analysis.
  • Representing the secured creditor through the negotiation of the use of cash collateral and ultimately the sale of the debtor in the bankruptcy of an alternative energy components supplier.
  • Advising on bankruptcy matters related to true sale and non-consolidation in the issuance of public debt instruments.
  • Preparing an extensive collateral audit for a hotel to assist in the reorganization process.

Banking and Debt Finance

  • Representing a borrower oil and natural gas company in the negotiation and documentation of a US$130 million syndicated credit facility, including the formation and addition of new companies.
  • Representing the lead agent in connection with a US$350 million secured syndicated credit facility for a Tier 1 automotive supplier.
  • Representing a US-based specialty chemicals company in a US$200 million trade receivables securitization as part of a multi-tiered US$2 billion acquisition financing package.
  • Representing a regional natural gas supplier in a US$135 million syndicated revolving credit facility designed to assist it in entering into the crude oil market.
  • Representing the lead agent in connection with a US$67 million secured syndicated credit facility for a major national sports franchise.
  • Representing the lead agent in connection with a US$105 million secured syndicated credit facility for an international supplier of industrial mouldings and extrusions.
  • Representing the lead agent in connection with a US$100 million secured syndicated credit facility for an industrial bearing company, which included securing and releasing collateral in Italy, Netherlands and Slovak Republic.

Education

  • Case Western Reserve University, J.D., cum laude, Order of the Barristers, executive notes editor, Health Matrix - Journal of Law-Medicine, 2009
  • University of Wisconsin - Madison, B.A., 2004

Admissions

  • Ohio, 2009

Courts

  • U.S. Ct. of App., Sixth Circuit
  • U.S. Dist. Ct., N. Dist. of Ohio
  • U.S. Dist. Ct., S. Dist. of Ohio
  • U.S. Dist. Ct., N. Dist. of Illinois
  • U.S. Dist. Ct., W. Dist. of Michigan
  • U.S. Dist. Ct., E. Dist. of Michigan
  • U.S. Dist. Ct., C. Dist. of Illinois
  • U.S. Dist. Ct., S. Dist. of Illinois
  • U.S. Dist. Ct., Dist. of Colorado

Memberships and Affiliations

  • Member, American Bankruptcy Institute
  • Member, Cleveland Metropolitan Bar Association
  • Member, American Bar Association
  • Recognized in Ohio Super Lawyers – Rising Stars after being selected by his peers as a top up-and-coming Ohio lawyer 40 years of age or younger, or in the practice of law for less than 10 years

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  • Published in the fields of health law and antitrust law.
  • Co-author, “Lawyers Behaving Badly: Recent Cases Highlighting Attorney Blunders & Bad Acts,” presented at the 86th Annual National Conference of Bankruptcy Judges, San Diego, 2012.