Principal outside legal advisor and trustee of Citizens & Southern Realty Investors

1973-1979

Trustee of Citizens & Southern Realty Investors, a member of its Committee of Independent Trustees, as well as it principal outside legal adviser. Advised the Trust in its complex restructuring, asset swap program and debenture exchange in the 1970s. These transactions included the negotiation and renegotiation of a $400 million credit agreement ($1,942 billion in 2016 dollars) involving the reconciliation of the interests of a large syndicate of approximately 50 banks, with the interests of a Eurodollar syndicate into a single $400 million agreement at a time when the Trust was in serious financial difficulty.

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