Nicholas J. Faleris

Special Counsel

Overview

Nicholas J. Faleris is an associate and business lawyer with Foley & Lardner LLP. His practice focuses on structured finance and asset-backed securitization. Mr. Faleris has advised clients as both lender's counsel and as borrower’s counsel on matters relating to secured and unsecured revolving and term lending facilities of varying structure, including syndicated lending groups, multi-borrower groups, and guaranteed borrowings, as well as in connection with real estate mortgage loan and mezzanine loan financing. Additionally, he has advised clients as issuer's counsel, initial purchaser's counsel, underwriter's counsel and insurer's counsel on matters relating to public and private asset-backed securitizations involving various asset types, including insurance premium loans, auto floorplan credit lines, retail auto receivables, auto leases, pharmaceuticals and multi-use towers. Mr. Faleris is a member of the firm’s Finance & Financial Institutions Practice and Sports and Energy Industry Teams.

In addition to his law practice, Mr. Faleris has served as an associate scout for a Major League Baseball team and has written for various baseball publications. He previously served as the co-scouting director at Baseball Prospectus, co-authoring the Baseball Prospectus Futures Guide and contributing to the Baseball Prospectus Annual. His work focuses on amateur, minor league, and major league player evaluation, including through certain data analysis.

Prior to joining Foley, Mr. Faleris was an associate with Sidley Austin LLP, practicing in the New York office.

Representative Transactions

Mr. Faleris represented the Milwaukee Bucks President and Owner Herbert Kohl in the $550 million sale of the basketball franchise to New York investment firm executives Marc Lasry and Wesley Edens. One requirement of the deal was that the team be kept in Milwaukee, with the parties collectively pledging at least $200 million toward the development of a new arena.

Education

Mr. Faleris earned his law degree from the Northwestern University School of Law (J.D., 2006), where he served as a member and published author on the Journal for International Law and Business and as a member of the Small Business Opportunity Center. Mr. Faleris graduated from the University of Notre Dame with dual bachelor’s degrees in government and computer application.

Admissions

Mr. Faleris is admitted to practice in New York and Wisconsin.

Representative Matters

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Foley represented Milwaukee Bucks President and Owner Herbert Kohl in the sale of the basketball franchise to New York investment firm executives Marc Lasry and Wesley Edens. The deal, announced on April 16, 2014, is valued at approximately $550 million. Consistent with his commitment to the Bucks and Milwaukee, Kohl, a former U.S. Senator from Wisconsin, has pledged a $100 million gift for the development of a new arena for the team. In addition to honoring Kohl’s requirement that the team be kept in Milwaukee, the prospective new owners have committed to contribute at least an additional $100 million towards the development of a new arena in the city.The Foley team was led by Partners Patrick Quick and Kevin Schulz, and also included Spencer Moats, Tyler Parramore, Tim Voigtman, Jason Kohout, George Dionisopoulos, Corey Sheahan, Garrett Bishop, Trish Lane, Nick Faleris, Belinda Morgan, Holden Brooks, and Irwin Raij, among others.
Represented the parent of a national financial services firm in the preparation and negotiation of a $150 million secured revolving credit facility and a $200 million secured term credit facility.
Represented a national financial services firm in the preparation and negotiation of a $200 million revolving credit facility.

Capabilities

Insights