Banking and Finance – Foley & Mansfield – National Business and Litigation Firm

Banking & Finance

Depth of Experience, Perspective
Foley & Mansfield knows banks, representing both community and national banks – including some of the largest banks in the U.S. This experience makes us well prepared to offer representation in a wide range of transactional and litigation matters. In addition to banks, our clients include other financial institutions, asset-based lenders and leasing companies.

Our attorneys bring a depth of experience and perspective – from both ends of the transaction – to our clients and their credit transactions. Our legal, financial analysis and business management skills translate to exceptional service in:

Asset-based loan transactions
Loan restructuring and workouts
Loan enforcement, foreclosure and collection activities
Truth in Lending & FDCPA

Commercial Loan Transactions
We advise and assist banking clients in the preparation, negotiation and documentation of commercial loan agreements throughout all stages of the process, from due diligence to the structure of specific terms and covenants. Our transactional services encompass:

Loan documentation preparation and review
Collateral securitization
Due diligence and analysis

Because of our strict business focus, we understand how a borrower’s existing debt, collateral and cash flow can impact the life of a loan. We leverage this knowledge to help our banking clients maximize the security and profitability of each loan – ensuring that all loan activity is appropriate to the business of the borrower and to the industry in which that business operates. We understand how to overcome roadblocks to reach your goal of getting the deal done.

Collections & Litigation
An explosion of bad debt and the inherent intricacies of commercial transactions require thorough and decisive legal counsel. Our commercial collection and related litigation services include:

Mortgage and statutory receivership management
UCC and real property foreclosures
Asset searches and seizures
Garnishment
Repossession and/or replevin of collateral
Prejudgment attachment
Foreclosure and collection of secured or unsecured property

While our collection practices are always appropriate, we set an aggressive course of action designed to deliver results. When a debtor is unresponsive, we are able to initiate litigation immediately. We are well-versed in resolving complex disputes through both negotiation and litigation at the state, federal and appellate courts.

Preserving Value in Receivership
Sound financial management and critical decision-making skills are the hallmarks of exceptional receivers. Our approach to complex liquidation problems manages risk, protects the integrity of business collateral and maximizes the value of the business or assets involved. In addition to serving in a receivership capacity, our lawyers are also prepared to serve as legal counsel to other court or bank-appointed receivers.

Strength in Numbers
Foley & Mansfield attorneys are licensed in multiple states, and have close working relationships with their colleagues across the country, ensuring that all matters can be handled efficiently and cost-effectively – regardless of the jurisdiction. We offer effective management of banking matters that span multiple jurisdictions.

News

Veteran Bankruptcy Attorney John C. Thomas Joins Firm
- Foley & Mansfield announces that veteran bankruptcy attorney John C. Thomas has joined the Firm as Of Counsel. He will practice in the Firms’ Creditor’s Rights and Banking and Finance groups. Read More

Lallier Assists in $3.5M Asset Purchase
- Tom Lallier of the F & M Commercial Practice Group assisted the Scudder Law Firm representing J-Hunke 3 Partnership, LLC, the successful bidder for Smeal Manufacturing Company. Read More

Foley & Mansfield Expands Los Angeles Legal Team
- Foley & Mansfield today announced that attorney Sean P. Flynn has joined the firm as a partner. Read More

Seymour J. Mansfield Joins Foley & Mansfield
- Prominent Attorney Further Strengthens Firm’s Commercial, International and Employment Law Capabilities Read More

Thomas Lallier closes $4,750,000 Debtor-In-Possession Facility with Tandem Transportation Corp., for Marquette Transportation Finance, Inc.
- Thomas J. Lallier in the Commercial Practice Group successfully closed a $4,750,000 Debtor-in-Possession facility with Tandem Transportation Corp., for Marquette Transportation Finance, Inc. Read More

Benjamin R. Skjold Named Vice Chair of Financial Advisory Services Specialized Litigation Group of the Defense Research Institute
- Foley & Mansfield is pleased to announce that Benjamin R. Skjold has been named Vice Chair of the Financial Advisory Services Specialized Litigation Group of the Defense Research Institute (DRI) Professional Liability Committee... Read More

Foley & Mansfield Targets Skjold Parrington for Strategic Acquisition
- Firm Enhances Transactional, Financial Services through Acquisition of Minneapolis and Chicago Business and Commercial Litigation Practices Read More

Foley & Mansfield Named to Inaugural National Law Journal 350 List
- Foley & Mansfield announces its inclusion in the first-ever National Law Journal 350 Annual Survey of the Nation’s Largest Law Firms. Read More

Tom Lallier & Jared Kemper complete $12,000,000 revolving credit facility for Minneapolis lender Marquette Transportation Finance, Inc.
- The loan was made to the Oklahoma based LinkAmerica group. The new loan will be used in for working capital needs for the transportation and brokerage units of LinkAmerica. Read More

Jeff Klobucar appears before the United States Court of Appeals
- Jeff Klobucar appears before the United States Court of Appeals for the 8th Circuit on behalf of Minnesota financial institutions as amici curiae. Read More