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WORKOUT & FORECLOSURE

Our real estate attorneys, teaming with attorneys from our financial restructuring & bankruptcy practice, handle all types of real estate workouts and commercial foreclosure work for financial institutional clients. We have long-standing relationships with many of the major U.S. and international banks and have represented them in loan transactions throughout the country.

 

We managed a workout/foreclosure that included foreclosing on more than 400 residential lots in five counties and two states and included property that was located in 12 subdivisions.

$165 million workout where the loan is in default and the primary collateral for the loan was a newly constructed cement plant with various construction and lien-related issues with respect to disbursements.

$15 million loan to a borrower for the acquisition and development of certain property subject to a Redevelopment Agreement. The borrower defaulted on the loan, and the bank took back the property via deed in lieu of foreclosure. The Redevelopment Agreement is the subject of an ongoing lawsuit filed by a school district challenging the "blight" of the area.

Purchase a chain of 29 retail stores located throughout the U.S. out of bankruptcy pursuant to a Plan of Reorganization confirmed in the seller's bankruptcy case. Client also provided debtor in possession financing to the seller during the case.

Partner
New York

John draws on his more than 30 years of litigation experience to represent a wide variety of clients in federal and state trial and appellate courts.

John draws on his more than 30 years of litigation experience to represent ...

John Amato
Partner
St. Louis

Mark’s practice focuses on the representation of clients in financial restructurings, out-of-court workouts and bankruptcy cases.

Mark’s practice focuses on the representation of clients in financial restr...

Mark Bossi
Senior Counsel
Chicago

Frank is a longtime advisor to financial service providers who assists with insolvency and restructuring matters, loan enforcement, and a host of other business issues.

Frank is a longtime advisor to financial service providers who assists with...

Francis X. Buckley, Jr.
Partner
St. Louis

Matt is a highly dedicated legal advisor who provides guidance to clients on complex data center and real estate transactions.

Matt is a highly dedicated legal advisor who provides guidance to clients o...

Matt Buesching
Partner
St. Louis

Hap represents developers, lenders and businesses in real estate matters and transactions across the country.

Hap represents developers, lenders and businesses in real estate matters an...

Hap Burke
Partner
Chicago

Clint represents borrowers, lenders and various other financial institutions in the structuring and the documentation of various commercial financing transactions.

Clint represents borrowers, lenders and various other financial institution...

Clint Hansen
Partner
St. Louis

Cheryl represents lenders and obligors in complex finance transactions, loan restructurings, and bankruptcy, receivership, foreclosure and other proceedings involving cre...

Cheryl represents lenders and obligors in complex finance transactions, loa...

Cheryl Kelly
Partner
New York

Steve represents financial institutions, businesses and constituencies in major commercial disputes, with a particular focus in lender liability cases, fraud-based invest...

Steve represents financial institutions, businesses and constituencies in m...

Steven Mandelsberg
Partner
Chicago

Jeff serves a diverse segment of real estate clients by offering a 360-degree approach to achieving their objectives.

Jeff serves a diverse segment of real estate clients by offering a 360-degr...

Jeffrey Merar
Partner
St. Louis

Gayle is a thoughtful and detail-oriented attorney valued by clients for her practical legal counsel.

Gayle is a thoughtful and detail-oriented attorney valued by clients for he...

Gayle Mercier
Partner
Chicago

Experienced with both real estate transactions and litigation, Justin uses a hybrid approach in representing purchasers, sellers, landlords, tenants, owners, operators, l...

Experienced with both real estate transactions and litigation, Justin uses ...

Justin Newman
Partner
New York

Consistently recognized for his dynamic, passionate, and resolute approach, Zachary delivers practical, tactical, and experienced advice to a diverse clientele that inclu...

Consistently recognized for his dynamic, passionate, and resolute approach,...

Zachary Newman
Partner
Chicago

Gary uses his extensive real estate background to help developers and investors piece together their real estate projects from start to finish.

Gary uses his extensive real estate background to help developers and inves...

Gary Plotnick
Partner
Los Angeles

Barry serves as a corporate strategist and outside general counsel to small- to mid-sized companies, as well as their principals, in a variety of industries.

Barry serves as a corporate strategist and outside general counsel to small...

Barry Weisz