Elizabeth R. Tabas Carson


Elizabeth R. Tabas Carson


Philadelphia | Cira Centre, 2929 Arch Street, Philadelphia, PA 19104-2808
+1 215 994 2156 | +1 215 994 2222

| vCard | PDF

Elizabeth R. Tabas Carson has experience in a wide range of U.S. and English law banking and finance matters. Ms. Tabas Carson concentrates her practice on banking and financing transactions (including domestic and cross-border leveraged acquisition financings, working capital financings and restructurings and other transactional finance matters in distressed settings).

Ms. Tabas Carson regularly represents domestic and foreign corporate borrowers, financial sponsors, portfolio companies, arrangers, agent banks, financial institutions and alternative capital sources (including hedge funds, SBICs and BDCs) on bilateral, club and broadly syndicated transactional finance matters across a variety of industries (including, healthcare/pharma, media/communications, energy, mining, manufacturing and financial services). Ms. Tabas Carson has significant experience with structuring and negotiating secured and investment grade credit facilities, first lien, second lien, mezzanine, unitranche and multi-tranche financings, liquidity lines, letter of credit facilities, trade financings, derivative-backed structured financings, restructurings, DIP loans, private placements and high yield debt offerings.

Ms. Tabas Carson practice also includes advising clients on corporate and other transactional matters specific to cross-borders transactions, including advising domestic and non-U.S. issuers, financial institutions and alternative capital sources on conflict of law issues (including with respect to sanctions regimes) and the differences between LSTA and LMA norms and market practices and standards.

Prior to joining Dechert, Ms. Tabas Carson served as a financial services associate at Pepper Hamilton. She was also resident in Clifford Chance’s London office where she worked as a U.S. and English banking law associate. Ms. Tabas Carson has passed the Qualified Lawyer Transfer Test in England.

  • A middle market focused private equity sponsor and its portfolio company in connection with a first lien US$40 million revolving and US$180 million term loan credit facility and its US$45 million second lien term loan credit facility.
  • A BDC in connection with a US$47 million secured term loan acquisition facility for Northern Lights Capital Group LLC, a US-based private equity firm with a portfolio of 13 asset managers.
  • A leading privately held construction materials supplier and heavy/highway construction contractor in Pennsylvania and New York in connection with the refinancing of its existing senior secured notes and credit facilities using proceeds from a US$450 million senior secured term loan.
  • A Michigan-based privately held energy and health supplements company in connection with its US$450 million dollar delayed draw term and US$100 million dollar revolving credit facilities.
  • A Dutch public company, which is a global leader in the production of highly engineered specialty metal products, in connection with its English law governed US$320 million and €50 million term and revolving credit facilities.
  • A private equity sponsor in relation to US$225 million in senior secured and second lien acquisition and working capital facilities for an industrial waste services company.
  • An alternative capital source in connection with the financing and security aspects of a transaction involving the acquisition of two regulated fund managers and merger with an Australian public company.
  • A BDC and their related SBIC in connection with a cross-lien acquisition facility for a large telephone retailer with operations in several states.
  • A Fortune 100 financial institution in connection with the preparation and negotiation of unsecured loans and other private debt and trade finance instruments for Latin American and Asian financial institutions and other investment grade borrowers.
  • A multinational industrial manufacturer in connection with a US$260 million senior secured term and revolving facilities to be used in part to finance the acquisition of a multinational manufacturing company.
  • A private equity sponsor in connection with US$220 million in senior secured and mezzanine acquisition and working capital facilities for a payment processing provider. 
  • A privately owned supplement manufacturer in connection with the issuance of US$475 million secured 144A notes and ABL debt.

Includes matters handled at Dechert or prior to joining the firm.

  • University of Pennsylvania, B.A., 2001, cum laude, Dean’s List, History Honor Society
  • Fordham University School of Law, J.D., 2006, Phi Alpha Theta, Contributor to Fordham Intellectual Property, Media & Entertainment Law Journal
  • Pennsylvania
  • New York
  • Volunteer, Compass Pro Bono, currently acting as the Deputy Project Leader for the Interfaith Center of Greater Philadelphia Compass project
  • Pro Bono Committee, New York Chapter, Turnaround Management Association
  • Pro Bono Committee, Philadelphia Chapter, Turnaround Management Association
  • Volunteer Child Advocate, Support Center for Child Advocates