The Financial Services Practice

L&K provides a full range of legal services to banks, financial institutions, pension funds, mortgage lenders and servicers, credit card companies, insurance companies, securities firms, and other financial services companies. Our experienced attorneys and paralegals also bring critical knowledge of related fields, such as tax, corporate, environmental, real estate, bankruptcy and commercial litigation.

L&K services include a broad range of transactions, including the structuring, negotiation and documentation of commercial term and revolving credit loans, complex asset and real estate-backed loan transactions and loan modifications. Our understanding of trusts and other entity structures, together with the pitfalls of sham guaranties and one form of action considerations, enables us to guide our clients in proper structure and documentation. In addition, our understanding of businesses and their cash flows allows us to negotiate and document terms and covenants that work for both the borrower and the lender.

As discussed below under our Real Estate Practice, Loan Modifications and Workouts, L&K utilizes our attorneys’ real world business experience to provide practical business solutions for clients faced with debt restructuring issues.

L&K’s litigators are adept in assisting with all aspects of debt recovery, including workouts, restructuring, deeds-in-lieu, litigation to foreclose on real estate and other collateralized loans and guaranties, and provisional remedies such as receiverships, pre-judgment attachments, and claim and delivery. We approach issues pragmatically and are aware that some circumstances require a negotiated solution, while others justify an aggressive litigation approach. When litigation is necessary, our goal is to work with our clients to develop and implement a practical end game solution. Often this requires a tri-level approach of: instituting litigation against both the borrower and guarantors; simultaneously commencing a non-judicial foreclosure; and concurrently, negotiating a workout or deed-in-lieu of foreclosure.

… we advise clients on day-to-day corporate issues and often serve as a client’s general counsel …