Placeholder canvas

Banking & Finance

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, including credit unions, asset-based lenders, and leasing companies.

Depth of Experience, Perspective

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 and commercial loan transactions
  • Real estate 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.

Real Estate Loan Transactions

Our lender's attorneys handle a wide variety of complex real estate loan transactions, purchases, sales and enforcement matters – and provide guidance related to real estate leasing transactions. These services include:

  • Real estate financing
  • Construction and land development loans
  • Loan servicing and due diligence

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.

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.

Alt Text!

Related News

Amended FRE 702 Creates Path for Expert Challenges in Talc Litigation

A recent update to the federal rules governing the use of expert testimony/evidence in federal court will widely impact how scientific and medical evidence is presented to juries in federal matters, including talcum powder litigation. With the change to Rule 702 of the Federal Rules of Evidence (“FRE 702”), defendants […]

LEARN MORE

Summarizing “ILR Briefly: The Asbestos Over-Naming and Trust Transparency Problem: A Philadelphia Case Study”

Introduction Asbestos litigation has become a cornerstone of the American legal landscape, spanning over four decades, and involving more than a million individual personal injury claims across state and federal courts. In 2012, a commentary titled “The Philadelphia Story: Asbestos Litigation, Bankruptcy Trusts, and Changes in Exposure Allegations from 1991-2010” […]

LEARN MORE

Minnesota Legislature Seeks to Change Newly Effective Earned Safe and Sick Time Law

By now, employers should be familiar with and implementing (if applicable) Minnesota’s Earned Safe and Sick Time law (“ESST”) that took effect on January 1, 2024. ESST is paid leave that an employee may use when they or a family member are sick, need to see a doctor or medical […]

LEARN MORE