Jeffrey A. Jung is a partner in the law firm of McDermott Will & Emery LLP and is based in the Firm’s Chicago office. He has been a partner of the Firm since 1995. Jeffrey is the co-head of the Healthcare Royalty Sales group, concentrating in royalty financing, traditional secured lending (representing borrowers and lenders), asset securitization and structured finance transactions. He has represented private and public corporations, financial institutions and investment banks in a wide variety of securities, finance and general corporate matters.
In particular, Jeffrey represents investors in healthcare royalty and revenue interest transactions and related hybrid structures, and borrowers in a wide variety of circumstances, including as originators of financial assets and as borrowers under asset based and cash flow models, in acquisition facilities and under mezzanine and subordinated structures. In addition, he represents credit enhancers and investors in securitization portfolios as well as participants in cross-border tax advantaged investments. He also represents lenders in secured financings in a variety of industries, with particular emphasis on healthcare transactions and technology-focused transactions. His work for many banking clients includes handling term loans, revolving credit facilities and letters of credit. As part of both his healthcare royalty practice and his general lending practice he has represented investors, lenders, borrowers and credit enhancers in workouts and bankruptcy reorganizations.
Representative Experience
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Representation of fund investors in over 12 royalty interest, revenue interest and hybrid investments (including purchasers of royalty backed bonds in the secondary market) in the past five years in the pharmaceutical and biotechnology sectors
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Representing the U.S. corporate counterparties in tax advantaged financings with New Zealand, Australian, English, Dutch and Bermudan counterparties
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Acting as restructuring counsel for a number of mid-sized asset based credits
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Serving as borrower counsel in successive senior lending facilities and restructuring of the same
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Addressing enforceability issues as part of the Firm's opinion committee in light of the accounting reasonable assurances sought in connection with traditional (true sale and non-consolidation) and non-traditional (set-off and extinguishment) structured finance issues
Jeffrey is admitted to practice in the State of Illinois.
Education
- University of Michigan Law School, J.D., 1990
- Yale University, B.A., 1987
