Justin Lungstrum is a Co-Head of the Liability Management and Special Situations group and a Partner in the Firm’s Banking and Credit Practice. He regularly represents lenders and arrangers in syndicated loan financings and direct lending transactions, with an emphasis on acquisition finance. He has deep, versatile experience with financial institutions, credit funds, investment banks, direct lenders, financial sponsors and corporate borrowers in connection with leveraged and investment grade, cash-flow and asset-based senior credit facilities, mezzanine financings, subordinated bridge loans and letter-of-credit facilities.
Justin has extensive experience in representations for restructuring, liability management and other complex refinancing transactions. He also represents corporate borrowers and works with asset managers in connection with fund-level debt incurrence and related financing structures. His clients have included many of Wall Street’s leading banks and asset management firms, as well as major companies, including Angelo Gordon, BlackRock, Cooper-Standard Automotive, CWT, JPMorgan and KKR. IFLR1000 cited him as “an extremely good lawyer, energetic and thorough.”
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Work Highlights
- Morgan Stanley and other arrangers with a $1.25 billion refinancing of Alliant Holdings
- JPMorgan and other arrangers in multiple financings for Sinclair Broadcast entities, including for its acquisition (via subsidiary Diamond Sports Group) of 21 regional sports networks and Fox College Sports from Disney
- JPMorgan in $16.4 billion aggregate financing for Altria Group’s investments in JUUL Labs and Cronos Group
- KKR, BlackRock, Oak Hill, Nomura and Tortoise, as direct lenders in multiple financings for private borrowers
- Arrangers in multiple financings for Delta Air Lines aggregating $4.17 billion
- Arrangers in multiple financings for Micron Technology aggregating $2.5 billion
- Arrangers in multiple financings for Charles River Laboratories, including for its acquisitions of Inveresk, MPI Research and WuXi AppTech (f/k/a WuXi PharmaTech)
- Arrangers in multiple financings for Darling International, including in connection with its acquisitions of Rothsay and Vion Ingredients
- JPMorgan, Goldman Sachs and Morgan Stanley related to the formation of an NBC Universal joint venture by Comcast and General Electric and Comcast’s subsequent buy-out of General Electric’s remaining equity interest
- Arrangers in multiple financings for Hanesbrands, including financing for its acquisitions of Maidenform, DBApparel and Knights Apparel
- JPMorgan in connection with the $60 billion debt restructuring of GMAC and ResCap
Education
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University of Kansas School of Law, 2000 J.D.
University of Kansas Law Review, Symposium Editor
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Yale University, 1995 B.A.
Justin Lungstrum is a Co-Head of the Liability Management and Special Situations group and a Partner in the Firm’s Banking and Credit Practice. He regularly represents lenders and arrangers in syndicated loan financings and direct lending transactions, with an emphasis on acquisition finance. He has deep, versatile experience with financial institutions, credit funds, investment banks, direct lenders, financial sponsors and corporate borrowers in connection with leveraged and investment grade, cash-flow and asset-based senior credit facilities, mezzanine financings, subordinated bridge loans and letter-of-credit facilities.
Justin has extensive experience in representations for restructuring, liability management and other complex refinancing transactions. He also represents corporate borrowers and works with asset managers in connection with fund-level debt incurrence and related financing structures. His clients have included many of Wall Street’s leading banks and asset management firms, as well as major companies, including Angelo Gordon, BlackRock, Cooper-Standard Automotive, CWT, JPMorgan and KKR. IFLR1000 cited him as “an extremely good lawyer, energetic and thorough.”
Justin’s financing representations include:
Justin has also worked on pro bono matters for U.S. Squash, Morgan Stanley Community Finance and a number of urban squash programs, including CitySquash and Squash Urbano Colombia. He currently serves on the Board of Directors of the Squash + Education Alliance, the international coordinating body for the urban squash network.
Justin has been at the Firm since 2000. He received his B.A. from Yale University in 1995 and his J.D. from the University of Kansas School of Law in 2000, where he serves on the Board of Governors. Justin serves on as Co-Chair of the Inclusion Committee and previously served as Co-Chair of the Personnel Committee.