Loan Workouts and Restructuring

In today’s challenging market conditions, loan workouts and debt restructuring are increasingly becoming a common reality for many businesses.  Workouts and restructurings require a comprehensive and multi-disciplined approach in order to achieve practical and lasting solutions for all parties involved.  Wilson Elser’s strength in advising our clients in this area derives from our diversity of experience from various related practices within the firm.

Wilson Elser’s loan workout and restructuring practice serves the needs of our secured and unsecured creditor clientele.  We believe in a collaborative approach which draws on the combined experience of attorneys in our commercial loan transactions, bankruptcy, real estate and commercial litigation practices to provide the best results for our clients.  As such, we are able to provide varied technical know-how to confront complex problems with a deep understanding of the issues faced by creditors.

Our attorneys are regularly involved in national and regional workouts and restructurings and have extensive experience in handling a wide variety of them.  We have advised clients on out-of-court workouts and forbearance arrangements across all business sectors; workouts and restructures of real estate matters involving office buildings, condominium and townhouse projects, warehouses, retail and apartment complexes; and loan documentation, collateral review and credit enhancements.  We have also handled state and federal court litigation, including replevin actions, receiverships, mortgage foreclosures and defense of lender liability claims and as well as judgment enforcement.

 
The group brings to bear the full scope of the firm’s myriad legal resources to successfully achieve our clients’ goals.  We have a reputation for representing our clients not only successfully, but also cost-effectively.  Our practice is characterized by a proactive approach that emphasizes consensual loan workout arrangements where possible, and strong and aggressive litigation where necessary.