Teresa Ereon Giltner

Bankruptcy – Regional Homebuilders
Member of a team representing regional homebuilders in Chapter 11 cases, which allowed the debtors to complete construction on dozens of otherwise unfinished houses, pay down lenders through ordinary course sales of finished houses and sell substantially all of the company’s assets through bulk sales of the remaining houses and lots. 

In re Renaissance Hospital – Grand Prairie, Inc. et al., Bankruptcy Case No. 08-43775-11, pending in the United States Bankruptcy Court for the Northern District of Texas, Ft. Worth Division
Representation of an equipment lessor/financier. 

Bankruptcy – Restaurant Chain Acquisition
Member of a team representing an acquirer of numerous leases/assets and real property through a Chapter 11 proceeding. 

Gasoline Stations – Acquisitions

• Acquisition from Shell Oil Products US of 278 of its service stations in Southern California, with a transaction value in excess of $230 million. Transaction was significant not only because of the dollar amount involved and the number of sites involved, but also because of the significant time constraints.
• Acquisition from USA Petroleum Corporation of over 100 of its service stations in Southern California, Washington and New Mexico, with a transaction value in excess of $270 million. Transaction was significant not only because of the dollar amount involved and the number of sites involved, but also because of the significant time constraints.

Public-Private Partnership Negotiation
Representation of the City of San Marcos in connection with a public-private partnership for the development of a 250-room hotel and adjacent 80,000 square foot conference facility. 

East Texas Timber Ranch – Acquisition
Significant East Texas timber land/ranch acquisition project that included review, research and resolution as to over 300 title exceptions, numerous survey and access issues, timber cutting agreements, lands allocated to the preservation of endangered species, easements, pipelines, mineral development history, and review of current water rights issues. The project was unique due to the nature and history of the property.

Texas Land Acquisition and Development
Texas land acquisition and development project that included all aspects of land acquisition, as well as review and resolution of water rights, title claims and lawsuits, lawsuits affecting title to the property, environmental issues, financing components, and complicated title and local development issues. Project also included coordination of entity formation and tax advice. Project closed in 2007 after approximately eight months of diligence and issue resolution.

Retail Leasing

• Representation of a 500+ store national retailer in connection with store leases nationwide.
• Representation of a 1,000+ location global telecommunications company with retail leases nationwide.

Commercial Leasing

• Representation of landlords in connection with commercial office leases.
• Representation of tenants in connection with commercial office leases including lease negotiations, default (eviction) and lease termination matters.

Financings

• Numerous acquisition and development loans for residential subdivisions for throughout Texas.
• Line of Credit loans for homebuilders ranging in size from $5 million to $150 million
• Commercial loans ranging in size from under $1 million to $50 million.
• Representation of a private investor as an asset-based lender in a debtor-in-possession financing transaction through a bankruptcy reorganization.
• Representation of a large publicly traded company as a proposed purchaser/lender in a debtor-in-possession financing transaction through a bankruptcy reorganization.

Financial Hedging

• Commercial real estate loans involving financial hedges and related documents.