Robert S. Gillison

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Direct: (213) 891-5014
Email: [email protected]
Offices: Los Angeles
Bar Admissions: California

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Robert Gillison works closely with lenders and borrowers, providing invaluable guidance in the structuring, negotiation, and management of their financing transactions.

Robert is an experienced commercial lending and corporate finance attorney. As the head of our Commercial Finance practice, he oversees our most complex lending deals. He mostly works with regional and national banks, and non-bank lenders, on broadly syndicated loans and middle-market debt financings.

His practice covers a wide range of industries, including aviation, manufacturing, retail, finance, food and beverage, energy, and technology, and primarily involves acquisition and working capital credit facilities. He also has considerable experience with asset-based lending facilities, capital call and subscription loans, warehouse lines of credit, and securities-based borrowings.

Robert represents clients on many types of inter-creditor arrangements, including first-lien/second-lien, mezzanine, and unitranche structures, and has significant experience advising clients on liability management transactions, encompassing both drop-down or uptiering structures.

He also handles multi-national financings. Whether they involve the assets of a foreign debtor within the U.S. or those of U.S. debtors aboard, Robert works closely with foreign counsel in countries like the United Kingdom, Canada, Mexico, and Australia to properly structure and secure cross-board loans.

Areas of Practice

Commercial Finance

Industry Specialties

Franchise Law
Aviation Industry Law
Alternative Lenders
Private Equity and Venture Capital
Family Office & Wealth Management

Additional Specialties

Aircraft Finance
Asset-Based Lending
Acquisition Finance
Workouts and Restructuring
Commercial Transactions
First Lien Credit Facilities
Intercreditor Agreements
Second Lien Facilities
Secured Transactions
Venture Capital

- 06
  
  Dec
- Buchalter Represented Bank of the West in Upsizing of Duckhorn Credit Facilities
  
  · Commercial Finance
- Buchalter was counsel to Bank of the West as administrative agent in the upsizing of the Duckhorn credit facilities. The Buchalter team consisted of William Schoenholz, Joe [...]

Areas of Practice

Commercial Finance

Industry Specialties

Franchise Law
Aviation Industry Law
Alternative Lenders
Private Equity and Venture Capital
Family Office & Wealth Management

Additional Specialties

- Publication
  
  Buchalter COVID-19 Client Alert: PPP Loans Now Available to Otherwise-Eligible Companies That Have Ended Their Bankruptcy Proceedings
  
  Buchalter Client Alert · April 26, 2021
- Download
- By: Michael C. Flynn The Small Business Administration (“SBA”) has made an adjustment to its guidance to provide that entities which have concluded a [...]
- Publication
  
  Buchalter COVID-19 Client Alert: PPP Application Deadline Extended to May 31, 2021
  
  Buchalter Client Alert · March 31, 2021
- Download
- By: Michael C. Flynn On Tuesday, March 30, the President signed the PPP Extension Act of 2021, extending the deadline for submitting PPP loan [...]
- Publication
  
  Buchalter COVID-19 Client Alert: New Treasury PPP Rules Clarify Recent Changes to PPP Program, Extend Time to Obtain a PPP Loan to March 31, 2021
  
  Buchalter Client Alert · January 8, 2021
- Download
- January 8, 2021 By: Michael C. Flynn On January 6, 2021, Treasury issued two new Interim Final Rules (IFRs) addressing the new Economic Aid to Hard-Hit Small [...]
- Publication
  
  Buchalter COVID-19 Client Alert: New PPP Changes in the Stimulus Bill: Second PPP Loan for Hardest-Hit Existing PPP Borrowers, Additional Categories of Forgivable Expenses, Tax Deductibility for Expenses Paid with PPP Proceeds, Lender Liability Limitations, Simplified Forgiveness Application for Loans of $150,000 or Less, and Other Changes
  
  Buchalter Client Alert · December 28, 2020
- Download
- By: Michael C. Flynn On December 27, the President signed the Economic Aid to Hard-Hit Small Businesses, Nonprofits, and Venues Act (Act) addressing [...]
- Publication
  
  LIBOR Administrator Announces Wind-down Dates for Publication of LIBOR Index Data; Federal Bank Regulators Announce that Banks Should Cease Using LIBOR in New Contracts by December 31, 2021
  
  Buchalter Client Alert · December 4, 2020
- Download
- By Michael C. Flynn ICE Benchmark Administration, the British-based LIBOR administrator, announced that it intends to cease the publication of the [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Expert Advice for New Phases for Lenders and Borrowers on PPP and MSLP Loans: PPP Loan Forgiveness and SBA PPP-MSLP Loan Reviews
  
  Buchalter Client Alert · November 30, 2020
- Download
- The Federal government’s COVID emergency loan programs and credit facilities have moved into critical new phases. As highlighted by the recent media [...]
- Publication
  
  Buchalter COVID-19 Client Alert: NEW DEADLINES - Main Street Lending Program: Federal Reserve Announces Last Day for Lender MSLP Participation Purchase Submissions is December 14; Lenders Will Require Borrower MSLP Loan Applications to be Completed Several Days Prior
  
  Buchalter Client Alert · November 25, 2020
- Download
- By: Michael C. Flynn The Federal Reserve has issued amended For Profit and Non-Profit Frequently Asked Questions for the Main Street Lending Program, [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Federal Reserve Issues New Main Street Lending Program FAQs Regarding Restrictions on Underlying Credit Facilities for MSELF Loans; Co-Borrower Requirements; Obtaining Information About Core Rights Acts; and Requiring Disclosure of LIBOR Reset Information when Selling Loan Participations to the Main Street SPV
  
  Buchalter Client Alert · November 19, 2020
- Download
- By: Michael C. Flynn The Federal Reserve has issued amended FAQs for the for-profit and non-profit Main Street Lending Programs. The FAQs address the [...]
- Publication
  
  Buchalter COVID-19 Client Alert: New PPP Guidance Simplifies Forgiveness Application Process for Small PPP Loans of $50,000 or Less; Clarifies Lenders’ Responsibilities Regarding Review of Borrower Calculations and Documentation of Forgivable Eligible Costs for Such Small Loans
  
  Buchalter Client Alert · October 13, 2020
- Download
- By Michael C. Flynn On October 8, Treasury issued a new Interim Final Rule Re Additional Revisions to Loan Forgiveness and Loan Review Procedures [...]
- Publication
  
  Buchalter COVID-19 Client Alert: SBA Issues New PPP Guidance Regarding Required Approval for a Sale of Assets or Transfer of Ownership of a PPP Borrower; Use of Escrow Accounts to Avoid Requirement of Prior SBA Approval
  
  Buchalter Client Alert · October 5, 2020
- Download
- By Michael C. Flynn On October 2, the SBA issued SBA Procedural Notice 5000-20057, Paycheck Protection Program Loans and Changes of Ownership [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Federal Reserve Announces Main Street Lending Program Will Accept Multi-Borrower Loans and Issues New FAQs Outlining Requirements; Announces Acceptance of Non-Profit Borrower Loans; Alters Standards for Lenders When Evaluating Borrowers; and Provides Guidance on Insider Loans and Compensation Treatment
  
  Buchalter Client Alert · September 23, 2020
- Download
- On September 18, 2020, the Federal Reserve issued new Frequently Asked Questions (FAQs) for its Main Street Lending Program (MSLP). Separate FAQs for [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Entrapment-by-Estoppel: A Potential Future Defense for Lenders in PPP Fraud Cases
  
  Buchalter Client Alert · September 15, 2020
- Download
- By: Joshua M. Robbins, Michael C. Flynn, and Robert S. Gillison The past decade has taught lenders much about regulatory enforcement risk. In the [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Main Street Lending Program: Federal Reserve Posts Amended Transaction Documents and Frequently Asked Questions
  
  Buchalter Client Alert · August 4, 2020
- Download
- On July 31st the Federal Reserve posted amended versions of a number of Main Street Lending Program (MSLP) transaction documents, including the [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Main Street Lending Program and Other Federal Reserve Emergency Lending Facilities Extended to December 31, 2020
  
  Buchalter Client Alert · July 31, 2020
- Download
- On July 28, the Federal Reserve announced that many of its emergency lending facilities, including the Main Street Lending Program’s New Loan Facility, [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Lenders May Submit PPP Forgiveness Applications to SBA on August 10; SBA Issues New Procedural Notice with Guidance for Lender Forgiveness Review/Submission
  
  Buchalter Client Alert · July 28, 2020
- Download
- On July 23, SBA announced that lenders may begin submitting PPP loan forgiveness requests to SBA on August 10. To assist lenders, SBA issued a [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Main Street Lending Program Expanded to Include Nonprofit Organizations
  
  Buchalter Client Alert · July 24, 2020
- Download
- The Federal Reserve has announced that the Main Street Lending Program will now be available to non-profits such as educational institutions, [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Federal Reserve Issues New Main Street Lending Program Guidance in Amended Frequently Asked Questions
  
  Buchalter Client Alert · July 16, 2020
- Download
- On July 15, 2020, the Federal Reserve published a number of changes to the Main Street Lending Program’s frequently asked questions, which FAQs were [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Congress Passes Extension of PPP Loan Origination to August 8 and Sends to President Trump
  
  July 2, 2020
- Download
- Wednesday evening, July 1, the House by unanimous voice vote passed a bill already approved unanimously by the Senate that will extend the period to [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Treasury Issues New PPP Interim Final Rule, and Revised Long Form and New Short Form EZ Forgiveness Application and Instructions
  
  Buchalter Client Alert · June 19, 2020
- Download
- To implement the changes to the PPP program contained in the recently enacted PPP Flexibility Act, Treasury has issued a new Interim Final Rule (IFR). [...]
- Publication
  
  Buchalter COVID-19 Client Alert: Federal Reserve’s Main Street Loan Program is Officially Launched; Buchalter Announces Main Street Lending Team
  
  Buchalter Client Alert · June 15, 2020
- Download
- The Federal Reserve’s Main Street Lending Program (the “MSLP”), which is designed to help credit flow to small and medium-sized businesses impacted by [...]
- Publication
  
  Buchalter Covid-19 Client Alert: Federal Reserve Expands Main Street Lending Program; Reduces Some Minimum Loan Amounts, Raises Maximum Loan Amounts, Extends Loan Term
  
  Buchalter Client Alert · June 9th, 2020
- Download
- June 9, 2020 On June 8, the Federal Reserve announced a number of changes to the Main Street Lending Program (“MSLP”), involving all three facilities, [...]
- Publication
  
  Buchalter COVID-19 Client Alert: PPP Flexibility Act is Enacted
  
  Buchalter Client Alert · June 8, 2020
- Download
- On June 5, the President signed the PPP Flexibility Act. As first described in Buchalter’s previous ALERT, this new law creates the following [...]
- Publication
  
  Buchalter COVID-19 Client Alert: PPP Flexibility Act Passes House, Likely Vote in Senate Next Week
  
  Buchalter Client Alert · May 29th, 2020
- Download
- By a near-unanimous 417-1 vote, the House has passed the PPP Flexibility Act, which if enacted would, among other things, extend the time to utilize Payroll [...]
- Publication
  
  Buchalter Client Alert COVID-19: Treasury Issues Application for SBA PPP Loan Forgiveness
  
  Buchalter Client Alert · May 19, 2020
- Download
- The Treasury Department has issued a form application to be used for SBA Payroll Protection Program (PPP) borrowers to seek loan forgiveness, along [...]
- Publication
  
  Buchalter Client Alert COVID-19: New Guidance on Main Street Loan Program for Small and Medium Sized Businesses
  
  Buchalter Client Alert · May 4th, 2020
- Download
- May 4, 2020 The Federal Reserve has published more detailed information about the soon to be launched Main Street Lending Program (MSLP) designed to assist [...]
- Publication
  
  Buchalter Client Alert COVID-19: Viral Issues for Commercial Finance Lenders and Borrowers
  
  Buchalter Client Alert · April 16th, 2020
- Download
- The pandemic crisis unfolding in the United States and around the world has placed a significant strain on commercial lending relationships, and the pressure [...]

Areas of Practice

Commercial Finance

Industry Specialties

Franchise Law
Aviation Industry Law
Alternative Lenders
Private Equity and Venture Capital
Family Office & Wealth Management

Additional Specialties

Mr. Gillison has closed hundreds of transactions with more than $5 billion in funded financings, among which are the following:

$2.6 billion loan to one of the largest aircraft leasing companies in the world.
$650 million loan to one of the largest sporting goods retailers in the U.S.
$250 million loan to the largest hunting and camping goods retailer in the U.S.
$95 million loan to fund the creation of a REIT by the Government of Singapore.
$85 million loan to an investment fund to purchase real estate tax lien in several U.S. states.
$65 million loan to one of the largest distillers and distributors of premium spirits in the world.
$70 million loan to the largest privately-owned U.S. exporter to China.
$50 million loan to the largest sales and marketing agency in the U.S. food service industry.
$40 million loan in connection with the tender offer of a Canadian public company.
$30 million loan to one of the largest trucking-based logistic providers in the U.S.
$25 million loan to a global provider of aircraft parts and services to several major U.S. airlines.
$25 million loan to a manufacturer of flight-critical components for the aviation and aerospace industry.
$15 million loan for the construction of rum and tequila distilleries in Anguilla and Mexico.

Areas of Practice

Commercial Finance

Industry Specialties

Franchise Law
Aviation Industry Law
Alternative Lenders
Private Equity and Venture Capital
Family Office & Wealth Management

Additional Specialties

Mr. Gillison earned his J.D. from Loyola Law School in Los Angeles and clerked for the Hon. Nora Manella of the U.S. District Court for the Central District of California. He is a graduate of the University of California, Los Angeles with dual BA’s in Political Science and History.

Areas of Practice

Commercial Finance

Industry Specialties

Franchise Law
Aviation Industry Law
Alternative Lenders
Private Equity and Venture Capital
Family Office & Wealth Management

Additional Specialties

Member, Commercial Law and Bankruptcy Section of the L.A. County Bar Association
Member, Commercial Transactions (formerly UCC) Committee of the Business Law Section of the California Lawyers Association
Member, SFNet (formerly the Commercial Finance Association)

Areas of Practice

Commercial Finance

Industry Specialties

Franchise Law
Aviation Industry Law
Alternative Lenders
Private Equity and Venture Capital
Family Office & Wealth Management