Richard Barnhart is a Managing Partner of Ice Miller and chairs the firm's Finance Committee. Additionally, he chairs the firm's Banking Practice. A significant percentage of his practice focuses on representing banks and other financial institutions in senior and mezzanine debt facilities. Richard has vast experience in commercial lending and finance transactions including syndicated loans, asset based loans and second lien loans, in a full array of industries. Whether the financing is very complex involving multiple borrowers, multiple facilities, multiple countries or, on the other hand, fairly straight forward and not out of the ordinary, Richard and the banking practice team provides valuable knowledge and experience to their clients.
In addition to his banking practice, Richard regularly represents clients in business acquisitions and dispositions and serves as their "outside general counsel." After 35 years of practice, many clients rely on Richard as their "trusted advisor."
Richard devotes considerable energy to the Columbus Franklin County Finance Authority. Formed by legislative action by the Columbus City Council and Franklin County Board of Commissioners, the "Authority" plays an important role in economic development in central Ohio. As a founding board member and immediate past chairman, his footprint on the community is significant.
The legal community recognizes Richard's considerable experience as one of the best corporate lawyers, best banking lawyers and most importantly, is recognized by Chambers USA as a leading banking lawyer.
Richard and his wife, Patti, enjoy spending time at the beach. Richard's hobbies include cycling, golf and snow skiing (all of which he is not as good at as he thinks).
Represented a national bank as lead arranger and administrative agent in the structuring, negotiation and documentation of a revolving, term and letter of credit facility; transaction involved a four bank syndicate; services included the negotiation and documentation of a Subordination and Intercreditor Agreement with the mezzanine lenders
Represented a mezzanine lender in structuring, negotiating and documenting a mezzanine loan to finance an ESOP leveraged buyout; services included the negotiation of a subordination and intercreditor agreement with senior lender
Represented a mezzanine lender in structuring, negotiating and documenting a mezzanine loan to assist a borrower in its acquisition of a competitor; services included the negotiation of a subordination and intercreditor agreement with the senior lender
Quoted in "5 Times You Should Really Call a Lawyer," Columbus Business First, January 22, 2016.