Photo of Michael J. O

Areas of Focus

The Basics

Education

  • University of Cincinnati College of Law, J.D., 1995
  • University of Cincinnati Law Journal, 1993-1994
  • University of Cincinnati, M.B.A., 1996, Real Estate 
  • University of Michigan, B.A., 1992, with distinction

Bar Memberships

  • Ohio, 1995

Select Awards and Recognition

  • Peer Review Rated, Martindale-Hubbell®
  • The Best Lawyers in America©, 2008-2019
  • Recognized by Ohio Super Lawyers Rising Stars®
  • Chambers USA, Banking & Finance, 2015-2018

Michael J. O'Grady

T 513.651.6482
F 513.651.6981
3300 Great American Tower
301 East Fourth Street
Cincinnati, OH 45202

About Michael

Mike has 20 years of legal experience in financing transactions and restructurings in the automotive industry. Mike's primary expertise in automotive is in negotiating, documenting and restructuring asset-based credit facilities for administrative agents, secured lenders, and automotive suppliers. Mike also has extensive experience in Chapter 11 cases and out-of-court restructurings as counsel for asset buyers, secured creditors, and debtors.

Experience Highlights

  • Represented a lender in connection with term and revolving credit facilities in the aggregate amount of $47,500,000 to fund the merger of a Tier 1 and a Tier 2 supplier. The successful merger and financing transactions resulted in the formation of a large dual-tiered NVH solutions provider to the automotive industry.
  • Assisted in the representation of a Chapter 11 debtor engaged in the design, manufacture, and marketing of vinyl products to the automotive industry. The representation included the negotiation and documentation of a DIP credit facility. The debtor's primary customer participated in the credit facility and Mike was successful in negotiating certain customer accommodations including setoff limitations, resourcing limitations, and inventory purchase commitments.
  • Represented an international bank in a $45,000,000 asset-based credit facility to a regional distributor of car and truck tires. The transaction required the negotiation of five separate lien subordination agreements with vendors holding prior perfected liens in the assets of the company.
  • Assisted in the representation of an OEM in the negotiation and documentation of its participation in a DIP credit facility to a large Tier 1 automotive supplier.
  • Represented an asset-based lender in a $30,000,000 revolving credit facility to a manufacturer of headliners, interior panels, cabinets, and seating for the automotive and trucking industries.
  • Represented an asset-based lender in a $50,000,000 revolving credit facility to a NASDAQ-traded, leading supplier of drivetrain components for the commercial vehicle and trailer markets in North America.