Denver: (303) 830-0800
Park City: (435) 214-3806
Cheyenne: (307) 778-8178

Linda M. Zimmermann represents banks and other lending institutions in the structuring, negotiation, documentation and work out of commercial financing transactions. For over two decades, Linda has represented lenders in a wide variety of secured and unsecured transactions, including syndicated and non-syndicated asset-based loans, agribusiness, acquisition, capital expenditure and equipment loans and distressed debt transactions, several involving cross border collateralization issues. Linda has extensive experience in structuring, negotiating and documenting intercreditor and subordination agreements, asset purchase agreements in both the workout and the bankruptcy context and specialized security documents such as intellectual property security agreements and control agreements. She also has substantial experience representing borrowers, which has enhanced her practical approach to representing lenders. Linda is a member of Markus Williams Young & Zimmermann LLC and supervises its Utah office.

Representative Transactions/Representative Cases

  • Represented national and regional lenders in asset based and structured transactions ranging in size from $6 million to $80 million
  • Represented a national asset based lender for over 15 years in over 100 transactions ranging in size from $1 million to $65 million in various industries, including cross border transactions (see below for detailed description of several of these transactions).
  • Represented a national receivables purchaser in purchase transactions ranging in size from $25 million to $200 million in various industries, including cross border transactions (see below for detailed description on several of these transactions).
  • Represented national banks as both agents and participants in syndicated facilities in transactions ranging from $50 million to $327.5 million in various industries, including a leading engineering company, skin care and cosmetics manufacturer, acquirer and manager of distressed consumer credit, an aerospace manufacturer, and a heavy equipment manufacturer.
  • Represented a national bank in secured and unsecured transactions and senior and mezzanine facilities of up to $125 million in various industries, including an international e-business integrator, a telecommunications company and a software engineering firm (see below for detailed description of several of these transactions).
  • Represented various borrowers in secured and unsecured loan transactions of up to $90 million in several industries, including a nutritional products company, an industrial fan manufacturer and a self-improvement company.
  • Represented FirstCity Crestone in the negotiation and documentation of the Turnaround Management Association’s 2010 Small Company Turnaround Transaction of the Year.
  • Represented a specialized lender in credit facilities ranging in size from $80 million to $2.15 billion to power cooperatives.
  • Represented a national receivables purchaser in a $200 million receivables purchase facility to a provider of relocation services.
  • Represented a national receivables purchaser in a $175 million receivables purchase facility to a producer of construction aggregates.
  • Represented a national bank in a $125 million unsecured credit facility to a technical ceramic manufacturer.
  • Represented a national bank in a $75 million credit facility to an international e-business integrator.
  • Represented a national bank in a $75 million credit facility to a seller and servicer of construction, forestry and agricultural equipment.
  • Represented a national structured finance lender in a $65 million credit facility to a manufacturer of radiation detection and monitoring equipment.
  • Represented a national bank in a $50 million cross border credit facility to an audio products designer and manufacturer.
  • Represented a national bank in a $37.5 million credit facility to a distributor of construction equipment.
  • Represented a national structured finance lender as agent in a $37 million credit facility to a skin care and cosmetics company.
  • Represented a national asset based lender in a $35 million credit facility to a manufacturer of medical devices.
  • Represented a national bank in a $35 million credit facility to a poultry processor.
  • Represented a national structured finance lender in a $33.5 million credit facility to a retailer of wireless voice, messaging and data services and hardware.
  • Represented a national asset based lender in a $31 million credit facility to an aviation parts supplier.
  • Represented a national structured finance lender in a $31 million credit facility to a distributor of sand and other oil and gas related products.
  • Represented a national structured finance lender in a $31 million credit facility to a designer of testing tools for the optics, illumination and display industries.
  • Represented a national asset based lender in a $30 million credit facility to a wholesale apparel and accessories distributor.
  • Represented a placement agent in a $30 million convertible debt facility to a healthcare facility.
  • Represented a national structured lender in a $27 million credit facility to a designer and manufacturer of plasma cutting systems.
  • Represented a national structured finance lender in a $25 million credit facility to a software developer.
  • Represented a national structured finance lender in a $24 million credit facility to a US government contract service provider.

Publications and Presentations

  • Continuing in-house presentations on documentation, perfection and structuring to national and regional lenders, 2000-present
  • Structuring Techniques and Loan Documentation for Asset-Based Loans in Utah, Lorman Business Seminars, Salt Lake City, Utah, 2006
    • Lenders Should Be Aware of Ag Liens Even if the Borrower is not a Farmer, Colorado Bar Association Business Law Section Newsletter, April 2017

Professional and Community Involvement

  • Former Board Member, Rocky Mountain Chapter of the Turnaround Management Association
  • Former Board Member, Salt Lake City Chapter, Risk Management Association
  • Member, Utah Bar Association, Banking and Finance Section
  • Member, Women’s Leadership Council, United Way of Salt Lake

Awards and Recognition

  • Named Best Lawyers' 2016 Salt Lake City Banking and Finance Law "Lawyer of the Year"
  • AV Preeminent Peer Review Rated, Martindale- Hubbell Legal Directory
  • Named “Legal Elite” by the Utah legal community in Utah Business Magazine (Banking/Finance Category)
  • Utah's Best Lawyers®
  • The Best Lawyers in America® - Banking Law, Finance
  • Martindale-Hubbell® Bar Register of Preeminent Women Lawyers™

Related Employment

  • Dorsey & Whitney LLP (Partner, 2003- 2008; Associate, 2000-2002)
  • Morgan, Lewis & Bockius LLP (Associate)
  • Duane Morris (Associate)
  • Clerked for the Honorable Rosemary Gambardella, U.S. Bankruptcy Court Judge

Denver

1700 Lincoln, Suite 4550
Denver, Colorado 80203
Telephone: (303) 830-0800
Facsimile: (303) 830-0809

Park City

2750 Rasmussen Road, Suite H-104
Park City, UT 84098
Telephone: (435) 214-3806
Facsimile: (435) 214-3811

Wyoming

106 East Lincolnway, Suite 300
Cheyenne, Wyoming 82001
Telephone: (307) 778-8178
Facsimile: (307) 638-1975