Commercial & Real Estate Finance

Clark Hill's Commercial & Real Estate Finance practice offers a full range of legal services for arrangers, agents, underwriters, participants, lenders and borrowers. Our team of finance lawyers has extensive experience structuring, negotiating and documenting a wide range of commercial and real estate financing transactions. We are able to successfully address the increasing complexities of financing transactions in today's financial environment. Our significant experience advising both lenders and borrowers in complex, heavily-negotiated transactions is the basis for our solutions-oriented, business-savvy approach to getting deals done. Due to the depth and breadth of our experience, we understand the objectives, perspectives and expectations of all sides of a financing transaction. Our finance lawyers work together as a single integrated team to provide insightful, effective and efficient solutions for our clients at all stages of a transaction. Our team approach extends across our firm's other practice areas, allowing us to provide the specialized expertise necessary to resolve issues and get transactions closed.

Clark Hill's finance team serves a diverse client base, assessing and addressing each client's needs individually and tailoring our services to provide strategic, focused and effective solutions based upon the objectives of the client and the character of the transaction. We have substantial experience with large, syndicated transactions as well as club deals and single lender transactions. Clients of our finance practice include:

  • Major National and International Banks and Financial Institutions
  • Private Equity and Investment Banking Firms
  • Regional Banks and Financial Institutions
  • Insurance Companies
  • Buyout, Specialty Finance and Mezzanine Finance Firms
  • Pension Funds
  • Federal, State and Local Governmental Agencies
  • Government Sponsored Enterprises
  • Middle Market Entities
  • Publicly Held and Privately Held Entity Borrowers

Our team of finance lawyers has a sophisticated understanding of the finance industry. In addition, our extensive experience structuring, negotiating and documenting intercreditor agreements provides the basis for our insightful, effective strategies to address the significant complexity of these relationships. We advise our clients in a variety of transactions involving:

  • Acquisition and Leveraged Finance
  • Structured Finance
  • Asset Based Finance
  • Cash Flow Finance
  • International Finance
  • Export Finance
    • Guaranties by the Export-Import Bank of the United States
  • Retail Finance
  • Letters of Credit
  • Distressed Acquisitions
  • Unsecured Finance
  • Real Estate Finance
    • Construction Finance
    • Development Finance
    • Project Finance
    • Ground Lease Transactions
    • Hotel Finance
    • Defeasances
    • Student Housing Finance
    • Multifamily Housing Finance
  • Leasing Transactions and Finance
  • Tax-Exempt Finance
    • Bank-Qualified Finance
  • Health Care Facility Finance
  • Tax-Deferred Transactions
  • Commercial Mortgage Backed Securities
  • Equipment Finance
    • Aircraft Finance
    • Vessel Finance
    • Vehicle Finance
    • Floor-plan Finance
  • Credit Enhancement Transactions
  • Debtor-In-Possession Finance
  • Sports Finance
  • Mezzanine Finance
  • Subordinated Finance

The lawyers on our finance team work closely with our environmental, intellectual property, employee benefits, tax and real estate teams to provide full-service counsel with respect to the multitude of issues that arise in connection with financing transactions. Additionally, our commercial and real estate finance team works collaboratively with our bankruptcy and financial restructuring team advising clients on workout and restructuring matters and debtor-in-possession financings.

Experience

Represented broker-dealers and municipal advisors in connection with formal examinations and informal inquiries by the SEC and FINRA

Represented financial markets trade associations in connection with municipal securities market regulatory initiatives, including preparing industry-wide model documentation and advising on comment letters to rulemaking proposals

Advised broker-dealers on compliance issues relating to secondary market trading

Represented the agent in a $50 million real estate construction loan with an urban redevelopment authority second mortgage loan and an intercreditor agreement; the project consisted of luxury apartments, ground floor retail space, and an on-site parking garage

Represented the agent in a $60 million real estate construction loan for a project that included office space, retail space, a full-service hotel and an on-site parking garage; the capital stack for the project was complex, consisting of: the agent's loan, an $11 million second mortgage, two New Market Tax Credit loans, a tax incentive financing (TIF) loan, and an urban redevelopment authority loan with an intercreditor agreement

Represented traditional and non-traditional municipal advisors in achieving compliance with evolving SEC and MSRB municipal advisor rules

Acted as bond or underwriter’s counsel for tax-exempt, taxable and convertible bond issues and commercial paper programs for solid waste disposal/resource recovery facilities

Represented a municipal underwriter and municipal issuers in connection with participation in the SEC Enforcement Division’s Municipalities Continuing Disclosure Cooperation (MCDC) Initiative

Acted as bond counsel for a number of issues of single family program bonds by the Maryland Community Development Administration

Advised 529 college savings plan market participants on securities law regulatory compliance and plan management matters

Acted as bond counsel or underwriter’s counsel for numerous general obligation, tax and revenue anticipation, aqueduct and sewer, electric power authority, highway authority, housing finance corporation, ports authority, public buildings authority and other issues in the Commonwealth of Puerto Rico

Acted as bond counsel for a number of hospital and other health facility financings in Miami-Dade County, the Commonwealth of Pennsylvania, and the State of New Jersey, as well as throughout the country

Advised municipal market participants on municipal advisor implications of bank loan and derivatives activities

Acted as counsel to the Federal Home Loan Mortgage Corporation in the structuring of and first bond offerings using Freddie Mac’s credit enhancement program in Georgia and California

Represented existing and potential new municipal market participants on market data and disclosure systems and related technology and process matters

Advised state housing agencies on Dodd-Frank mandated asset-backed securities disclosures under SEC Rule 15Ga-1

Provided bounding estimates on the future remediation costs during environmental due diligence on a “to be acquired“ company

Performed a pesticide due diligence review of a client’s sale of a subsidiary which manufactured and sold fertilizers, nutrients and registered pesticides.  During the due diligence investigation, an unresolved “show cause letter” from EPA’s pesticide enforcement office alleging that the subsidiary was selling unregistered pesticides was uncovered.  The scope of the potential liability was narrowed sufficiently to allow the transaction to close and EPA eventually decided not to pursue the enforcement action

Advised clients engaged in acquisitions of the potential implications of GHG emission limits and regulatory programs

Advised clients in due diligence investigations on complex future environmental risks that are likely to impact the economics of a transaction

Performed due diligence on a client’s planned acquisition of another sulfuric acid manufacturing facility

After 3 ½ years, the dogged prosecution of nine separate federal and state lawsuits In Pennsylvania, New Jersey, and New York, and two late night closings, all involving seemingly intractable fraudulent transfer and lien priority issues, a multi-disciplinary team of Clark Hill lawyers recently concluded a massive commercial loan work-out for our Bank client that resulted in the recovery of substantially the entire eight figure, 10 year old debt owed by the Bank’s most recalcitrant borrower, with significant contributions from his foreign partners. 

Represented court appointed receivers in foreclosure matters.

Represented a diesel engine seller and servicer in all aspects of debt collection and litigation.

Represented online banking clients in general corporate matters and certain intellectual property areas, including drafting documents in regard to the delivery of web-based banking services for a major New Jersey and regional bank.

Represented lenders in transactional matters involving various commercial loan transactions, including asset-based lending transactions and participations.

Represented the Department of Health and Senior Services and various hospitals in New Jersey in bankruptcy courts throughout the state and in Delaware.

Represented creditors and debtors in complex bankruptcy matters, including drafting DIP credit facilities and reorganization plans; defaults and workouts related to public finance transactions; assertion of creditors' rights in foreclosure; and asset recovery matters.

Rendering post-bankruptcy petition advice to creditor clients on debtors/borrowers reorganization plans and post-petition financing

Represented financial institutions in state, federal and bankruptcy courts, in regard to claims arising from breach of contract; compliance with the Uniform Commercial Code, Automatic Clearing House (ACH) rules and various banking regulations; misconduct in regard to a residential mortgage application; sales of mortgages and servicing rights; and breach of the Fair Debt and Collections Practices Act.

Defending financial institutions against claims of Uniform Commercial Code violations regarding check warranties and check collection, including forged and stolen checks.

Advising clients, including national and regional banks and special servicers, on pre-suit matters such as work out proceedings, debt restructuring, refinancing and regulatory compliance.

Represented a regional bank in a matter involving a lawyer, later disbarred, who misappropriated approximately $800,000 in funds from mortgage refinancings attempting to defraud his clients and the lenders.

Represented a regional bank in state court and bankruptcy matters involving a convicted New Jersey real estate investor who pleaded guilty to bank fraud charges involving negotiation of a $25,000,000 check.

Represented financial services clients in drafting and revising various banking service agreements, including deposit account control, ACH agreements, wire transfer agreements, outbound data exchange agreements and agreements specific to automatic teller machines (ATMs).

Represented a national special servicer in an $88,000,000 foreclosure of an office building in Hackensack, New Jersey.

Represented a construction equipment finance company in numerous actions to recover collateral.

Joann Needleman has been recognized by the Court of Common Pleas of Philadelphia County, First Judicial District of Pennsylvania, for her extraordinary pro bono work that enabled the county’s Credit Card Pilot Program to get off the ground. The Credit Card Pilot Program was initiated to create better consumer participation in debt collection cases filed with the Court. The idea was to devote specific days where volunteer lawyers would be available to assist pro se consumers who have been sued for unpaid accounts like credits cards, auto loans, and consumer lines of credit. 

Representing multiple Delaware limited liability companies in connection with their mergers into Cayman entities as part of CLO securitizations

Negotiating $500 million debt facility as part of a merger transaction involving two publicly-traded companies

Performing various due diligence tasks associated with the acquisition of existing consumer credit card portfolios

Managing the Delaware-specific components of various asset securitization transactions, including formation of Delaware entities and liquidating trusts to be used in asset securitizations and asset liquidations, and delivering legal opinions regarding such transactions

Negotiating third-party vendor servicing and marketing agreements for financial institutions and alternative lenders

Advising a secured hedge fund lender on the workout and ultimate foreclosure of a multi-million dollar commercial real estate property

Representing a hedge fund client on the purchase of a real estate investment company that owned multi-million dollar commercial real estate properties in Bermuda

Counseling financial institutions and alternative lenders on the development and implementation of new alternative consumer loan programs

Developing the terms and conditions of a payment management system offered by a financial services client

Negotiating private label and co-brand consumer credit card program agreements and purchase agreements

Representing a client in the multi-million dollar sale of a privately owned loan company

Advising clients on federal banking regulatory issues, including the Dodd-Frank Act and FDIC receiverships, as well as state regulatory issues affecting financial service companies

Negotiating syndicated and un-syndicated multi-million dollar commercial loans secured by real estate (domestic and international) and/or business assets

Advising a Tier 1 manufacturer of plastic automotive components on a capital restructuring with a private equity sponsor

Represented the Agent and the Lead Arranger with respect to a $900,000,000.00 revolving credit facility (including a $25,000,000.00 swing loan sub-facility and a $30,000,000.00 letter of credit sub-facility) provided by a large syndicate of financial institutions to a publicly held, international borrower, secured by guaranties from certain material domestic subsidiaries (direct and indirect) and pledges of the equity interest of certain subsidiary entities including material domestic operating companies, material first-tier foreign subsidiaries and domestic foreign subsidiary holding companies. 

Represented investment group structure in the investment and assisted in raising $3,000,000 in capital to facilitate the acquisition of a community based financial institution

Represented fund in designing and structuring the real estate investment models to accommodate raising foreign investment capital to be blended with other investment incentives such as New Market Tax Credits, Tax Increment Financing and other incentive based programs

Represented community development financial institution in acquiring $1,000,000 in tier 1 capital from the US Department of Treasury

Provided advice and counsel to an Asian Investment Group in the development of a U.S. Department of Treasury Community Development Financial Institution (CDFI) for the purpose of establishing a community based financial institution

Acquisition and Permanent Financing of Large Apartment Projects. Representation of clients in connection with (i) acquisition of numerous up-scale apartment complexes; and (ii) forming bankruptcy remote corporations and assisting with obtaining permanent financing in the securitized conduit market.
Represented the Agent with respect to a $60,000,000 asset based credit facility, the proceeds of which were used for, among other things, a buyout of all the stock of the borrower and a related merger. The credit facility was fully secured by all assets of the borrower, including, but not limited to, various parcels of real estate located in several different states. The credit facility was also guaranteed by the borrower's Canadian subsidiary and the guaranty of such Canadian subsidiary was fully secured by all assets of such subsidiary including, but not limited to, real property located in Quebec and Montréal, Canada.
Represented the Agent with respect to a $500,000,000 unsecured revolving credit facility to a borrower in the retail industry. The proceeds of the credit facility were used for, among other things, to repay certain existing indebtedness arising from a prior loan agreement as well as previously issued senior notes, working capital and for permitted acquisitions.
Represented the Agent and the Lead Arranger with respect to a $400,000,000 senior secured credit facility provided by a syndicate of 14 financial institutions to a vertically-integrated, global vision company and 35 of its domestic subsidiaries. The proceeds of the credit facility were used to, among other things, refinance certain existing indebtedness of the borrower and provide working capital to the borrower. The credit facility was guaranteed by the borrower’s non-profit insurance company parent and therefore the documentation and negotiation of the same involved numerous and varied issues related to the regulation of insurance companies.
Represented the Agent with respect to a $62,000,000 letter of credit enhancement facility in connection with a tax-exempt bond financing provided to the student association of a state university. The proceeds of the credit facility were to be used to finance the construction of various dormitories on the properties that were leased to the student association from the university. The letter of credit facility was fully secured by a leasehold mortgage on the properties, the collateral assignment of all construction related contracts, and all assets associated with the dormitories.
Represented the Agent with respect to a $20,000,000 credit facility that included a letter of credit subfacility and was supplemented by an investment sweep feature. The borrower also obtained extensive mezzanine financing which was subordinated pursuant to complex intercreditor and subordination agreements.
Counsel to the administrative agent and a joint lead arranger and bookrunner with respect to a $500,000,000 unsecured revolving credit facility with a $150,000,000 letter of credit subfacility and a $30,000,000 swing loan subfacility for a large retail chain.
Counsel to a financial institution in connection with the structuring, documentation and negotiation of a $10,000,000 secured term loan facility provided to a municipal authority in connection with the transfer of the ownership of certain facilities from a private management company to such municipal authority in which such private company continued in its role as the manager of such facilities. The credit facility is secured by a pledge of such transferred assets. In addition, the structuring of the financing arrangements required the resolution of a number of issues that are unique to the context of a public-private partnership, including those related to the municipal authority's power to enter into the public-private partnership with the management company as well as issues related to the authority's acquisition of and granting security interests in assets.
Represented several lenders in a significant number of high profile and large credit facilities in which such lenders were co-lenders and another financial institution served as the agent. Such transactions have included, asset-based facilities with assets (including, among other things, accounts receivable, inventory, marketable securities, stock pledges and commercial real and personal property) located both in the United States and in several foreign jurisdictions, as well as unsecured cash-flow based facilities with such facilities being provided to both single and multiple borrowers ranging from large, publicly traded investment-grade companies and multi-nationals to smaller, closely-held regional and interstate companies and often including multiple guarantors. Such transactions included the customary types of credit facilities and those with additional concepts such as accordion features, multi-currency borrowing options and springing lien, covenant and dominion provisions.
Counsel to the agent in connection with an approximately $41,000,000 debtor-in-possession financing of the Chapter 11 bankruptcy of a steel storage systems manufacturer that involved the roll-up of the syndicate's pre-petition debt and the negotiation of a consensual, orderly liquidation of the debtor's domestic and foreign assets with the committee of unsecured creditors and a junior secured creditor.
Counsel to the administrative agent, collateral agent, sole lead arranger and sole bookrunner with respect to an $85,000,000 revolving credit facility with a $25,000,000 export-related subfacility, which is guarantied by the Export-Import Bank of the United States under a fast-track working capital guaranty program, a $20,000,000 letter of credit/acceptance subfacility and an $8,000,000 swing loan subfacility for a global specialty chemicals company. The credit facilities are secured by first/second priority liens in all of the company's domestic assets with inverse first/second priority liens granted in connection with a simultaneous high-yield debt offering (wrap collateral structure).
Counsel to the administrative agent and lead arranger in a $335,000,000 asset-based credit facility (including swing loan, letter of credit and term loan accordion and revolving credit accordion features) for a national petroleum company. The credit facilities provide capital for the loan parties' operations and acquisitions. In addition, our representation of the administrative agent included the negotiation of the intercreditor agreement with the loan parties' equipment lender.
Counsel to the administrative agent and lead arranger with respect to a $400,000,000 unsecured credit facility (including a swing line facility, letter of credit subfacility and accordion feature) provided to an investment grade, public company borrower to be used for working capital and acquisitions. The credit facility is guarantied by the borrowers' parent company and all of the borrowers' subsidiary companies. The credit facility includes a springing fixed charge covenant.
Counsel to the administrative agent in an approximately $70,000,000 asset-based credit facility obtained in connection with the acquisition of the assets of a bankrupt manufacturing company under Section 363 of the United States Bankruptcy Code. In addition, our representation of the administrative agent included the documentation and negotiation of an intercreditor agreement with respect to mezzanine debt extended by the acquiring entity's equity sponsor.
Representation of syndicated lenders in commercial loans to twelve different borrowers throughout the East Coast
Representation of secured lender in funding the acquisition of ten car dealerships in Pennsylvania and New Jersey
Representation of borrower in identifying and procuring capital stock of federal and state funds and grants and negotiating associated leveraged loan documents
Representation of large private equity group in funding $30 million sports equipment company
Help raise capital and identify funding sources for emerging growth companies
Bond Counsel for school districts, municipalities, manufacturing facilities, hospitals, universities, colleges and other 501(c)(3) corporations
Borrower's Counsel for financings with Pennsylvania Infrastructure Investment Authority
Bond Counsel and Bank Counsel for municipal equipment leasing transactions
Underwriter’s Counsel and Placement Agents Counsel in public bond issues and private placements, including serving as Underwriter’s Counsel on the first build America bond transaction in the Commonwealth of Pennsylvania
Bank’s Counsel in various commercial transactions and tax exempt transactions
Trustee's Counsel for public finance transactions
Counsel to the administrative agent and lead arranger with respect to a $400,000,000 senior secured credit facility provided by a syndicate of 14 financial institutions to a vertically-integrated, global vision company and 35 of its domestic subsidiaries. The proceeds of the credit facility were used to, among other things, refinance certain existing indebtedness of the loan parties and provide working capital to the loan parties. The credit facility was guarantied by the borrower's non-profit insurance company parent and, therefore, the documentation and negotiation of the same involved numerous and varied issues related to the regulation of insurance companies.
Counsel to the administrative agent and lead arranger with respect to approximately $160,000,000 in senior secured credit facilities consisting of first lien, second lien and fully subordinated tranches as well as letter of credit and working cash sub-facilities for a specialized manufacturing company with U.S. and Canadian operations. The credit facilities provided for the recapitalization of and working capital for the loan parties and are secured by liens on substantially all of such parties' real and personal U.S. and Canadian assets.
Counsel to the administrative agent and a joint lead arranger and bookrunner with respect to a $500,000,000 unsecured revolving credit facility with a $150,000,000 letter of credit subfacility and a $30,000,000 swing loan subfacility for a large retail chain.
Counsel to the administrative agent and lead arranger with respect to a $200,000,000 senior secured credit facility with a letter of credit subfacility, swing line and accordion feature provided by a syndicate of six national financial institutions to a reciprocal insurance exchange acting through an attorney-in-fact. The proceeds of the credit facility were used, among other purposes, to refinance certain existing indebtedness of the borrower and provide working capital to the borrower. The credit facility was secured by a securities account maintained by the borrower, consisting of a portfolio of government bonds and notes, municipal bonds, federal agency bonds and corporate bonds. The documentation and negotiation of the credit facility involved numerous issues related to the borrower’s organizational and management structure and the regulation of reciprocal insurance exchanges.
Counsel to the administrative agent and lead arranger in a $335 Million asset-based credit facility (including swing loan, letter of credit and term loan accordion and revolving credit accordion features) for a national petroleum company. The credit facilities provide capital for the loan parties' operations and acquisitions. In addition, our representation of the administrative agent included the negotiation of the intercreditor agreement with the loan parties' equipment lender.
Counsel to the administrative agent and lead arranger with respect to a $400,000,000 unsecured credit facility (including a swing line facility, letter of credit subfacility and accordion feature) provided to an investment grade, public company borrower to be used for working capital and acquisitions. The credit facility is guarantied by the borrowers' parent company and all of the borrowers' subsidiary companies. The credit facility includes a springing fixed charge covenant.
Counsel to the administrative agent, collateral agent, sole lead arranger and sole bookrunner with respect to an $85,000,000 revolving credit facility with a $25,000,000 export-related subfacility, which is guarantied by the Export-Import Bank of the United States under a fast-track working capital guaranty program, a $20,000,000 letter of credit/acceptance subfacility and an $8,000,000 swing loan subfacility for a global specialty chemicals company. The credit facilities are secured by first/second priority liens in all of the company's domestic assets with inverse first/second priority liens granted in connection with a simultaneous high-yield debt offering (wrap collateral structure).­

Represent a regional financial institution on SBA related matters, involving purchase and re-purchase guarantees, litigation and liquidation processes, and negotiations with the SBA regarding competing secured claims

Represented a bank in a $32 million real estate construction loan for a big box retail shopping center

Represented a bank in a $27 million real estate construction loan for a for-sale condominium development at a ski resort

Represented the agent in a $48 million acquisition loan for a four-building office complex made to tenant-in-common borrowers with subordinate financing

Public Finance and Public Finance Litigation - Presented at Public Finance Public Hearings before Treasury Department and Internal Revenue Service on topic of "On Behalf of" regulation promulgation.

Represented a bank in a $23 million real estate construction loan for a hotel

Public Finance and Public Finance Litigation - Served as bond counsel, underwriter’s counsel and special counsel in connection with original issue financings and refundings for local government units, municipal authorities and state authorities.

Public Finance and Public Finance Litigation - Presenter/Lecturer at Pennsylvania Finance Authority seminars.

Acquisition and Development of Distribution Facility. Representation of a national developer in connection with the negotiation and drafting of documentation connected with site acquisition, development, construction financing and a triple net lease of the site and improvements to a national sporting goods retailer.
Counsel to a financial institution in connection with a $90,000,000 credit facility which included a $50,000,000 revolving credit facility and a $40,000,000 term loan facility for a holding company that owns and operates various equipment manufacturers and a marine transportation provider. The credit facilities provided for the recapitalization of the holding company and for working capital for the holding company and its subsidiaries and are secured by liens on all of the marine transportation provider's assets which include, among other things, various vessels, some of which were documented by the United States Secretary of Transportation.
Counsel to the agent in connection with a secured syndicated credit facility to finance the recapitalization of an NFL franchise. In addition to structuring, drafting and negotiating the loan documentation and performing the appropriate due diligence, we reviewed the NFL Constitution and ByLaws and the franchise agreement and negotiated a consent agreement with the NFL in connection with the same.
Represented the Agent with respect to a $75,000,000 asset based credit facility involving borrowers in the steel industry, one of which is located in the United Kingdom. The credit facility was secured by assets located in the United States and the United Kingdom. TR&A also provided counsel as to the transaction structure including analysis as to deemed dividend, withholding tax and pension liability issues.
Counsel to the lender in connection with secured bank-qualified and non-bank qualified credit facilities for a private, non-profit assisted living facility operator, the proceeds of which were used to refinance existing indebtedness and for providing working capital.
Representation of the senior secured lender with respect to a $13,000,000 asset based credit facility, the proceeds of which were used, among other things, to finance the acquisition by the borrower of substantially all of the assets of a company in the book binding business. A portion of the credit facility was covered by a guarantee from the Export Import Bank of the United States.

Counsel to a bank with respect to the issuance of an $80,000,000 letter of credit used to provide credit enhancement and liquidity support for certain Allegheny County Industrial Development Authority Variable Rate Demand Revenue Bonds. The Bonds were initially issued to finance costs of the acquisition, construction and equipping of a new hospital facility. The letter of credit is secured by a gross revenue pledge of the members of the obligated group under two separate master indentures.

Counsel to the lender in connection with secured bank-qualified and non-bank qualified credit facilities for a private, non-profit assisted living facility operator, the proceeds of which were used to refinance existing indebtedness and for providing working capital.
Acquisition and Development of Large Urban Housing Project. Representation of a national developer in connection with (i) negotiating and drafting documentation in connection with site acquisition, formation of single-asset limited partnership, project development, project development financing, construction management and contracting, construction and permanent financing including financing from government lenders, and property management; (ii) assisting developer in obtaining zoning/permitting/approvals needed to develop the project; (iii) providing counsel in connection with environmental issues; (iv) assisting developer in obtaining historic tax credits and a conservation easement; and (v) assisting developer in obtaining bridge financing for such easement and credits.
Acquisition and Development of Retail Sites. Representation of a locally based developer in connection with (i) negotiating and drafting documentation connected with site acquisition, development and construction of numerous strip malls leased to national retailers; (ii) assisting developer in obtaining zoning/permitting/approvals needed to develop the project; (iii) providing counsel in environmental issues with respect to the site; (iv) assisting the developer in obtaining construction and permanent financing including letter of credit enhancement financing for a number of projects combined into one financing; and (v) handling all title insurance matters for such developer's projects.
Acquisition and Development of Urban Office Building. Representation of a national developer in connection with (i) negotiating and drafting of documentation with respect to site acquisition, formation of single-asset limited partnership (the entity that owns and operates the project), development, construction contracting, and construction and permanent financing including multiple governmental loans and grants; (ii) assisting developer in obtaining zoning/permitting/approvals needed to develop project; and (iii) providing counsel in connection with environmental issues involving the site which was a "brownfield" site.
Counsel to a financial institution in connection with the structuring, negotiation and documentation of a $5,500,000.00 revolving credit facility provided to a non-profit corporation in order to refinance existing obligations and provide general working capital to the corporation. The credit facility is secured by a general blanket lien on all assets of the corporation, including the Federal Communications Commission ("FCC") commercial and non-commercial broadcast licenses with respect to the corporation, as well as the proceeds of any sale of such licenses. The credit facility involved unique issues with respect to the ability of lenders to take a security interest in FCC licenses, as well as issues with respect to a non-profit borrower
Counsel to the agent in connection with a secured syndicated credit facility to finance the recapitalization of an NFL franchise. In addition to structuring, drafting and negotiating the loan documentation and performing the appropriate due diligence, we reviewed the NFL Constitution and ByLaws and the franchise agreement and negotiated a consent agreement with the NFL in connection with the same
Representation of a locally based developer in connection with (i) negotiating and drafting documentation connected with site acquisition, development and construction of numerous strip malls leased to national retailers; (ii) assisting developer in obtaining zoning/permitting/approvals needed to develop the project; (iii) providing counsel in environmental issues with respect to the site; (iv) assisting the developer in obtaining construction and permanent financing including letter of credit enhancement financing for a number of projects combined into one financing; and (v) handling all title insurance matters for such developer's projects

Represented the agent in a $74 million real estate construction loan for the headquarters office complex of a publicly traded company

Represented the agent in a $30 million revolving credit facility secured by commercial real estate, which included an "accordion" feature 

Represented a developer in connection with the site development and the project development of a retail shopping center

Represented the agent in a $107.5 million real estate construction loan for the headquarters office complex of a publicly traded company

Represented a developer in connection with the acquisition, development, and construction of a 115-bed assisted living facility, including site acquisition, drafting and negotiating construction agreements, and negotiating loan documents for the financing

Represented the agent in a $49 million real estate construction loan for a retail shopping center

Represented a newspaper owner in connection with the development and construction of a newspaper printing facility including site acquisition, use variance, drafting and negotiating the construction contracts, and negotiating the equipment purchase contracts

Represented a developer in connection with the acquisition of the land for a two-phase housing development

Represented the agent in a $29 million real estate construction loan for student apartments at a major university

Draft "form" documentation for tax-exempt transactions.
Act as Bond Counsel for industrial development projects, solid waste facilities, airports, hospitals, universities, colleges and other 501(c) (3) debt and leasing transactions.
Represent national Lessors with regard to tax-exempt leasing transactions.­
Represented commercial lenders in tax-exempt financing transactions and, in connection therewith, prepared and/or reviewed term sheets, commitment letters, loan agreements, security agreements, and reviewed title matters
Participated as Bond Counsel or Special Counsel in manufacturing, 501(c)(3) nonprofit corporations, and solid waste industrial development financings
Panelist on Tax-Exempt Financing for the Pennsylvania Economic Development Association
Represented a county industrial development authority in connection with co-generation facility financings
Served as lead Bond Counsel, Special Counsel, or Underwriter’s Counsel in hundreds of millions of dollars of general obligation, water and sewer revenue, solid waste, parking facilities, and 501(c) (3) nonprofit corporations financings
Served as Bond Counsel for one of the first bond financings in Pennsylvania under the Transportation Partnership Act, the proceeds of which were used for an interchange project
Represent corporate trust providers in transactions involving public finance.

Represent Broker Dealers with regard to their roles in public finance transactions, including preparation of disclosure materials and federal and state securities law filings.

Served as counsel to municipalities and municipal authorities on Pennsylvania Infrastructure Investment Authority (Pennvest) financings

Represented the Agent with respect to an asset based credit facility that included a revolving credit facility governed by a borrowing base consisting of eligible receivables, eligible inventory and eligible standing timber. The proceeds of the credit facility were used, among other things, for working capital and the purchase of additional standing timber. The credit facility was fully secured by all assets of the borrower including, but not limited to, standing timber and collateral assignments with respect to the various timber cutting contracts.

Represented a bank in the negotiation, documentation and closing of a revolving credit facility, a non-revolving credit facility and a term loan provided to a regional limestone mining company for refinance of existing indebtedness and working capital purposes. The credit facility is secured by: a blanket lien against all commercial personalty of the borrower (including as-extracted mineral inventory consisting of quarried limestone); and fee-simple and leasehold mortgage liens against all real estate of the borrower.

Represented the Agent with respect to an asset based credit facility, the proceeds of which were used, among other things, to finance the acquisition by the borrower of substantially all the United States and Mexican assets of a company in the steel racking business. The credit facility was fully secured by all the assets of the borrower and was guaranteed by the borrower's Mexican subsidiaries, which guarantees were secured by assets in Mexico.

Counsel to a financial institution in connection with the structuring, negotiation and documentation of a credit facility provided to the operating entity of a minor league baseball franchise. The credit facility is secured by a general blanket lien on all assets of the franchise, including revenue from ballpark concessions, as well as guaranties from all individual and entity investors. The credit facility involved a wide variety of issues with respect to the general rules governing minor league baseball franchises, player development contracts, ballpark leases and agreements, naming rights and television and radio broadcast rights.

Represented a bank in connection with the structuring, documentation and negotiation of a secured term loan facility provided to a municipal authority in connection with the transfer of the ownership of certain parking facilities from a private management company to such municipal authority in which such private company continued in its role as the manager of such facilities. The credit facility is secured by a pledge of the assets comprising such parking facilities. In addition, the structuring of the financing arrangements required the resolution of a number of issues that are unique to the context of a public-private partnership, including those related to the municipal authority’s power to enter into the public-private partnership with the management company as well as issues related to the authority’s acquisition and disposition of assets.

Represented a bank in connection with a credit facility, the proceeds of which were used for, among other things, the development and production of coal bed methane gas in connection with various coal bed methane gas leases entered into by the borrower. The credit facility was fully secured by blanket liens on all of the borrower's assets, including, but not limited to, leasehold mortgages with respect to the coal bed methane gas leases.

Represented a bank in connection with the structuring, documentation and negotiation of a secured term loan facility provided to a municipal authority in connection with the transfer of the ownership of certain parking facilities from a private management company to such municipal authority in which such private company continued in its role as the manager of such facilities. The credit facility is secured by a pledge of the assets comprising such parking facilities. In addition, the structuring of the financing arrangements required the resolution of a number of issues that are unique to the context of a public-private partnership, including those related to the municipal authority’s power to enter into the public-private partnership with the management company as well as issues related to the authority’s acquisition and disposition of assets.

Counsel to a financial institution in connection with the structuring, negotiation and documentation of a credit facility provided to a corporation in order to repay existing indebtedness and to provide working capital for its coal and surface mining operations. The credit facility is secured by a general blanket lien on all assets of the corporation, as well as fee and leasehold mortgages on all real property owned or leased by the corporation in connection with their mining operations. The credit facility involved unique issues with respect to perfection of security interests in mineral reserves and as-extracted collateral, as well as nuances with respect to title in connection with surface and mining rights.

Represented a bank in the negotiation, documentation and closing of a revolving credit demand facility and a term loan provided to a regional/county managed-care provider for the refinance of existing indebtedness and working capital purposes. The credit facility is secured by: a blanket lien against all commercial personalty of the borrower; a pledge of marketable securities; and a fee-simple mortgage lien against the borrower's principal place of business. The credit facility also involved review and analysis of competing security interests arising due to various county contracts whereby the borrower was engaged to provide managed-care services.

Counsel to the administrative agent and lead arranger in connection with a $202,000,000 senior secured credit facility to finance the acquisition of the stock of a specialty metals company. The credit facility is secured by all assets of the loan parties, including all of the capital stock of each of the loan parties. The credit facility also involved the merger of the acquired company into the borrower, as well as the negotiation of a subordination agreement with third party lenders who helped to finance the acquisition.

Counsel to a financial institution in connection with a $90,000,000 credit facility which included a $50,000,000 revolving credit facility and a $40,000,000 term loan facility for a holding company that owns and operates various equipment manufacturers and a marine transportation provider. The credit facilities provided for the recapitalization of the holding company and for working capital for the holding company and its subsidiaries and are secured by liens on all of the marine transportation provider's assets which include, among other things, various vessels, some of which were documented by the United States Secretary of Transportation
Represented the Agent with respect to a $325,000,000 asset based credit facility involving multiple borrowers and guarantors in the scrap industry with a significant presence overseas. The credit facility involved the merger of two (2) publicly held companies and was closed in connection with a high yield bond offering secured by equipment and real estate. The credit facility included an accordion feature, springing cash dominion and springing financial covenants.
Counsel to the administrative agent and lead arranger with respect to an $85,000,000 senior secured asset-based revolving credit facility including a letter of credit subfacility for a manufacturing company in the styrofoam business. The proceeds of the credit facility were used to refinance existing senior indebtedness of the company and were also used for general corporate and working capital purposes. The credit facility was secured by liens on substantially all of such company's personal property (excluding equipment).
Counsel to the administrative agent and lead arranger with respect to an $85,000,000 senior secured asset-based revolving credit facility including a letter of credit subfacility for a manufacturing company in the styrofoam business. The proceeds of the credit facility were used to refinance existing senior indebtedness of the company and were also used for general corporate and working capital purposes. The credit facility was secured by liens on substantially all of such company's personal property (excluding equipment)
Counsel to the agent in connection with a secured syndicated credit facility to finance the recapitalization of an NFL franchise. In addition to structuring, drafting and negotiating the loan documentation and performing the appropriate due diligence, we reviewed the NFL Constitution and ByLaws and the franchise agreement and negotiated a consent agreement with the NFL in connection with the same
Counsel to the administrative agent and lead arranger in connection with a secured credit facility provided to a manufacturer of specialized drilling equipment the proceeds of which were used to refinance existing indebtedness and for working capital and general corporate purposes
Counsel to the agent in connection with a secured credit facility to (i) finance the acquisition of the stock of a construction equipment company, (ii) refinance existing revolving credit indebtedness and (iii) provide for general corporate purposes, including working capital requirements and capital expenditures
Counsel to the administrative agent and lead arranger in connection with a $201,800,000 senior secured credit facility to finance the acquisition of the stock of a specialty metals company. The credit facility is secured by all assets of the loan parties, including all of the capital stock of each of the loan parties. The credit facility also involved the merger of the acquired company into the borrower, as well as the negotiation of a subordination agreement with third party lenders who helped to finance the acquisition
Counsel to the administrative agent in an approximately $70 Million asset-based credit facility obtained in connection with the acquisition of the assets of a bankrupt manufacturing company under Section 363 of the United States Bankruptcy Code. In addition, our representation of the administrative agent included the documentation and negotiation of an intercreditor agreement with respect to mezzanine debt extended by the acquiring entity's equity sponsor
Represented a Fortune 500 corporation in connection with the sale of a multi-million dollar manufacturing facility
Counsel to the administrative agent and lead arranger with respect to approximately $160,000,000 in senior secured credit facilities consisting of first lien, second lien and fully subordinated tranches as well as letter of credit and working cash sub-facilities for a specialized manufacturing company with U.S. and Canadian operations. The credit facilities provided for the recapitalization of and working capital for the loan parties and are secured by liens on substantially all of such parties' real and personal U.S. and Canadian assets.
Represented the Agent with respect to a $325,000,000 asset based credit facility involving multiple borrowers (one of which is a public company) and guarantors in the steel industry. The credit facility included a letter of credit facility available in foreign currency, an accordion feature, springing cash dominion and springing financial covenants.
Counsel to lender in connection with the funding of an aircraft lease. Such funding was collateralized by a security interest in the subject aircraft and an assignment of the funded lease
Counsel to the agent in connection with a secured syndicated credit facility to finance the recapitalization of an NFL franchise. In addition to structuring, drafting and negotiating the loan documentation and performing the appropriate due diligence, we reviewed the NFL Constitution and ByLaws and the franchise agreement and negotiated a consent agreement with the NFL in connection with the same
Counsel to the administrative agent and lead arranger with respect to approximately $160,000,000 in senior secured credit facilities consisting of first lien, second lien and fully subordinated tranches as well as letter of credit and working cash sub-facilities for a specialized manufacturing company with U.S. and Canadian operations. The credit facilities provided for the recapitalization of and working capital for the loan parties and are secured by liens on substantially all of such parties' real and personal U.S. and Canadian assets
Counsel to the administrative agent and a joint lead arranger and bookrunner with respect to a $500,000,000 unsecured revolving credit facility with a $150,000,000 letter of credit subfacility and a $30,000,000 swing loan subfacility for a large retail chain
Counsel to the Agent with respect to a $23,000,000 senior secured revolving credit facility and a $7,000,000 accordion feature provided to a 4-star resort and other loan parties. The credit facility was secured by a mortgage and security agreement, an assignment of leases and a pledge of a certificate of deposit. The documentation and negotiation of the credit facility involved numerous issues related to the loan parties' organizational structure
Counsel to a financial institution in connection with the structuring, negotiation and documentation of a $20,400,000.00 credit facility provided to a corporation in order to repay existing indebtedness and to provide working capital for its coal and surface mining operations. The credit facility is secured by a general blanket lien on all assets of the corporation, as well as fee and leasehold mortgages on all real property owned or leased by the corporation in connection with their mining operations. The credit facility involved unique issues with respect to perfection of security interests in mineral reserves and as-extracted collateral, as well as nuances with respect to title in connection with surface and mining rights
Counsel to a financial institution in connection with the structuring, negotiation and documentation of a $5,152,248.30 credit facility provided to the operating entity of a minor league baseball franchise. The credit facility is secured by a general blanket lien on all assets of the franchise, including revenue from ballpark concessions, as well as guaranties from all individual and entity investors. The credit facility involved a wide variety of issues with respect to the general rules governing minor league baseball franchises, player development contracts, ballpark leases and agreements, naming rights and television and radio broadcast rights
Counsel to the administrative agent in an approximately $70,000,000 asset-based credit facility obtained in connection with the acquisition of the assets of a bankrupt manufacturing company under Section 363 of the United States Bankruptcy Code. In addition, our representation of the administrative agent included the documentation and negotiation of an intercreditor agreement with respect to mezzanine debt extended by the acquiring entity's equity sponsor
Counsel to the agent with respect to a $24,800,000 senior secured term loan facility for various tenant-in-common owners for the purchase of a leasehold interest in certain real property and improvements thereon located which improvements thereon consisting of a regional shopping complex. The credit facility was secured by a leasehold mortgage on the property acquired, the pledge of certain deposit/reserve accounts and the collateral assignment of the property management agreement. In addition, our representation of the agent included the negation of both an intercreditor agreement with a mezzanine financier and a subordination agreement with the seller of the leasehold interest
Counsel to the agent with respect to the $107,500,000 construction loan facility for the construction of an office building, an aviation center, parking spaces and related infrastructure and amenities leased by the borrower to a national retailer for its headquarters office complex. The credit facility was secured by a leasehold mortgage and an assignment of leases on the project, as well as a security agreement, a pledge agreement and multiple collateral assignments. In addition, our representation of the Agent included the negotiation of consent agreements with the landowner and the airport authority
Counsel to the agent with respect to the $74,000,000 senior secured construction loan facility for the construction of an office building, parking spaces and related infrastructure and amenities leased by the borrower to a national company for its headquarters office complex. The credit facility was secured by a mortgage and security agreement, an assignment of leases and multiple collateral assignments. In addition, our representation of the agent included the negotiation of a $4,000,000 subordinated construction loan facility secured by pledge agreements for various partnership interests in the borrower and the negotiation of an intercreditor agreement with the subordinated lender
Representation of a national developer in connection with (i) negotiating and drafting documentation in connection with site acquisition, formation of single-asset limited partnership, project development, project development financing, construction management and contracting, construction and permanent financing including financing from government lenders, and property management; (ii) assisting developer in obtaining zoning/permitting/approvals needed to develop the project; (iii) providing counsel in connection with environmental issues; (iv) assisting developer in obtaining historic tax credits and a conservation easement; and (v) assisting developer in obtaining bridge financing for such easement and credits
Representation of a national developer in connection with (i) negotiating and drafting of documentation with respect to site acquisition, formation of single-asset limited partnership, development, construction contracting, and construction and permanent financing including multiple governmental loans and grants; and (ii) assisting developer in obtaining zoning/permitting/approvals needed to develop project
Representation of clients in connection with (i) acquisition of numerous up-scale apartment complexes; and (ii) forming bankruptcy remote corporations and assisting with obtaining permanent financing in the securitized conduit market
Representation of the purchaser in the successful $12,500,000 asset acquisition of the largest fireworks manufacturer and show presenter in the United States. The representation included assisting the client in the closing of a credit facility to partially fund the acquisition.
Participated in millions of dollars of industrial development financings
Prepared or reviewed numerous facility leases on behalf of a national retail corporation
Represented a county-wide library association and in connection therewith has handled Board member conflict of interest matters, corporate governance and by-laws interpretation issues and analysis of the state Library Code
Represents a national certifying nonprofit corporation and, in connection therewith, has handled leasing matters, by-laws interpretation and other governance issues, vendor contracts, joint venture arrangements, misrepresentation of certification issues, and decertification procedures
Represented numerous nonprofit corporations, incorporated the entities, and obtained favorable IRS Determination Letters
Participated in tax increment financing (TIF) and local economic revitalization tax assistance (LERTA) financing
Represented a corporate trustee in a State Higher Education Facility Financing and served as Underwriter’s Counsel in a variety of municipal financings
Served as Bond Counsel or Special Counsel on millions of dollars of Industrial Development Financings
Testified before State Senate Committees on Industrial Development Financing
Represented financial institutions in connection with domestication and execution on foreign judgments in various states
Represented financial institution in state court action alleging fraud against financial institution and successfully obtained affirmation of lower court's judgment in favor of financial institution from Pennsylvania Superior Court
Represented financial institution in federal action commenced against financial institution under Perishable Agricultural Commodities Act ("PACA").
Counsel to a financial institution in connection with the structuring, negotiation and documentation of a $5,152,248.30 credit facility provided to the operating entity of a minor league baseball franchise. The credit facility is secured by a general blanket lien on all assets of the franchise, including revenue from ballpark concessions, as well as guaranties from all individual and entity investors. The credit facility involved a wide variety of issues with respect to the general rules governing minor league baseball franchises, player development contracts, ballpark leases and agreements, naming rights and television and radio broadcast rights
Counsel to a financial institution in connection with the structuring, negotiation and documentation of a $20,400,000.00 credit facility provided to a corporation in order to repay existing indebtedness and to provide working capital for its coal and surface mining operations. The credit facility is secured by a general blanket lien on all assets of the corporation, as well as fee and leasehold mortgages on all real property owned or leased by the corporation in connection with their mining operations. The credit facility involved unique issues with respect to perfection of security interests in mineral reserves and as-extracted collateral, as well as nuances with respect to title in connection with surface and mining rights
Represent banks in their role in the municipal financing process, including bank equipment leasing subsidiaries.
Provide in-house training seminars for bank employees regarding the documentation of tax-exempt transactions.
Representation of the administrative agent with respect to a $75,000,000 asset based credit facility, the proceeds of which were used, among other things, to finance the acquisition by the borrower of substantially all of the assets of a metals merchant/broker. The credit facility was fully secured by all of the assets of the borrower, which included imported inventory for which numerous third-party consents and acknowledgements were negotiated, including among others customs brokers, port operators, commodity brokers, consignors and warehousers.
­Regularly act as Bond Counsel for traditional issue financings for school districts, municipalities and water and sewer authorities.
Provide in-house training seminars for leasing company employees regarding tax-exempt transactions.
Newsletter Alerts
Extraordinary Opportunity for Bankers to Impact Federal Policy and Regulations CFPB Issues First Ever Debt Collection Survey on Its Path to Regulating the IndustryIRS Publishes Final Issue Price Rules for Tax-Exempt Municipal Bond OfferingsOCC Final Receivership Rule Paves Way for Special National Bank CharterSEC Approves New FINRA and MSRB Mark-Up Disclosure Requirements for Corporate, Agency and Municipal Fixed Income Principal TradesConsumer Financial Services Regulation Will Remain in a Trump PresidencyThe Municipal Advisor Regulatory Framework - Where We Are and Where to Next DC Circuit Issues Landmark Decision Holding the CFPB's Structure Unconstitutional: What Happens Next?Federal Small Business Authority Sharply Questions CFPB'S Proposed Payday RuleThe Federal Securities Pay-to-Play Regulatory Framework is Complete - A Primer for Financial Services FirmsOCC's Proposed Receivership Regulations for Uninsured National Banks Provide the Basis for a National Bank Innovative Lending CharterSEC Settles Fraud Cases Against Municipal Issuers Under MCDC InitiativeNew FDIC Study is Predictive of Upcoming Risk Management ExaminationsCreditors Beware-Automatic Stay Violations Can Lead to Massive Punitive DamagesCFPB Issues Long-Awaited Proposals for Regulation of the Debt Collection IndustryGetting Comfortable with Lender Comfort LettersMammoth CFPB Payday Rule Would Dramatically Change the Lending MarketplaceRegulators Issue New Guidance on Expectations of Deposit Reconciliations: Beware of the UDAAP ImplicationsThe United States Supreme Court Issues Two (2) Important Rulings Today which Provide Important Interpretations of what is Consumer HarmNVOCC Maritime Lien Enforcement: Do Your Documents Protect Your Interests? Debt Collection Litigation in the Cross Hairs: CFPB's Consent Order Against New Jersey Law Firm Creates More Problems Than SolutionsIllinois Bankruptcy Court Nullifies Lender's Right To Block Debtor's Bankruptcy FilingDOJ's New FCPA Guidance and Pilot ProgramIncreased Regulations Spawn New Trade AssociationsPayday Lending, Exemption for Community Banks, Arbitration and Ally Were the Hot Topics During CFPB Director Cordray's Testimony Before CongressUDAAP: Regulating the "Could've, Would've, Should've"Bank Directors Required to Face New (and Challenging) Information Technology DemandsBank Regulators Dial Up Concerns About Cyber-AttacksDoes the 9th Edition of the CFPB'S Supervisory Highlights Signal a Kinder Gentler Regulator?Who is a Debt Collector? Eleventh Circuit Ruling Narrows Definition Under FDCPA for Debt PurchasersThird Circuit Strikes County Recorder's Lawsuit Against MERS Delaware Corporation Information System InterruptionFCC Releases Ruling and Order on Telephone Consumer Protection Act (TCPA)GAO Finds Deficiencies In Federal Bank Regulators' Examination ProceduresFFIEC Releases Cybersecurity Assessment ToolBank Examiners Will Be Strict In Enforcing Compliance With New Mortgage Disclosure RuleNew Jersey's Recent Changes to UCC Laws - Impact on Secured PartiesBank Boards of Directors Hit With Increased Responsibilities: Failure to Act Could Result in Enforcement Actions Against the Bank or Its DirectorsBillion Dollar UCC BlunderDOJ Hits French Energy Giant with Massive FCPA FinesPolice Officers and Firefighters Now Exempt From Public Act 54Public Finance Update - Proposed Debt Reform LegislationPennsylvania Municipal Debt Reform LegislationThe Future of Community BanksBasel III and Community BanksUnited States District Court Upholds Department of Labor's Administrator's Interpretation Finding Mortgage Loan Officers Non-Exempt Under FLSA
News
Clark Hill Attorneys Joann Needleman and Jane Luxton To Speak at Credit Union National Association Governmental Affairs ConferenceClark Hill Princeton Welcomes Attorney Jeanne StiefelSeventeen Clark Hill Attorneys Named to the 2017 Illinois Super Lawyers & Rising Stars List Clark Hill Attorney Thomas A. Brooks Published in Financier WorldwideTwenty-Eight Clark Hill Attorneys Named to DBusiness Magazine's 2017 Top Lawyers ListClark Hill PLC Receives National Rankings in the 2017 Edition of U.S. News-Best Lawyers, “Best Law Firms”Clark Hill Attorney Joseph Carita Speaks at Trigild Fall Lender’s ConferenceClark Hill Chicago Adds Banking & Finance Attorney Paul R. Simons Clark Hill Attorney Barbara A. Ruga to Present Keynote Address During MNA’s 2016 Fall ConferenceClark Hill’s Joann Needleman to Speak at LEND360 Conference – October 5-7, 2016Clark Hill Attorney Joann Needleman Named to Collection Advisor’s 25 Most Influential Women in Collections Sixty Clark Hill Attorneys Named 2016 Michigan Super Lawyers & Rising StarsBanking & Finance Attorney Ernesto Lanza Joins Clark Hill’s Washington, DC OfficeSixty-Four Clark Hill Attorneys Selected for Inclusion in the 2017 Edition of Best Lawyers in AmericaAxe & Ecklund Joins Clark HillClark Hill Attorneys Sandra S. Hamilton and Jeff Van Winkle Provide Guidance on How to Access Capital for Small BusinessesClark Hill Attorney Thomas A. Brooks Published in Risk & Compliance MagazineClark Hill Attorneys Ted Planzos and Thomas Brooks To Present At FEI – June 20, 2016 Clark Hill Attorney Joann Needleman to Speak at Michigan Bankers Association 2016 Annual Convention on June 22, 2016 Joann Needleman featured in AccountsRecovery.net article on Spokeo decisionTwenty-Six Clark Hill Attorneys Named to Pennsylvania Super Lawyers & Rising Stars 2016 ListClark Hill Attorney Sandra S. Hamilton to Participate as a Panelist During RMA West Michigan's "Spring into SBA" SeminarClark Hill Attorney Thomas A. Brooks to present at the Michigan Bankers Association Group Meeting in Troy, Michigan on May 12, 2016Clark Hill Attorney Nola Rooney Bencze to Present at NACHA PAYMENTS ConferenceClark Hill’s National Banking & Finance Practice Expands With Addition of Attorneys Nola Bencze and Joseph Carita FDCPA case information and analysis by Joann Needleman published in insideARMSixty-Six Clark Hill Attorneys Selected for the 2015 Super Lawyers Business EditionTwenty-Eight Clark Hill Attorneys Named to DBusiness Magazine's 2016 Top Lawyers ListClark Hill PLC Receives National Tier 1 Ranking for Litigation – Construction in the 2016 Edition of U.S. News-Best Lawyers, “Best Law Firms”Clark Hill’s Princeton Office and National Banking & Finance Practice Expand With Addition of Attorney Matthew Vigunas Sixty-Five Clark Hill Attorneys Named to Michigan Super Lawyers 2015 ListClark Hill PLC Receives National and Metropolitan Tier 1 Rankings in the 2016 Edition of Best Lawyers in America's “Best Law Firms”Sixty-Two Clark Hill Attorneys Selected for Inclusion in the 2016 Edition of Best Lawyers in AmericaClark Hill Attorney Joann Needleman Presented at 2015 National Association of Chapter Thirteen Trustees Conference July 4, 2015, in Salt Lake CityAttorney Joann Needleman Joins Clark HillVeteran Bank Regulatory Attorney Thomas Brooks Joins Clark HillAttorney Jennifer A. Bielfield Joins Clark Hill’s Banking & Finance GroupAttorney Lisa Wren Joins Clark Hill's Banking and Finance GroupClark Hill Attorneys Jonathan Boulahanis and Jayme Matchinski Presented “Wage & Health Insurance: What You Need to Know”Finance Attorney Lori Rooney Joins Clark Hill's Pittsburgh Office Clark Hill Attorney Richard H. Chapman Published in Illinois Banker Magazine - November 12, 2013Clark Hill Attorney Richard H. Chapman Published in Illinois Banker Magazine - August 26, 2013Clark Hill Attorney Gary E. Green to Join Panel at Equipment Lease and Finance Association’s Credit & Collections Management Conference & ExhibitionClark Hill Attorney Matthew T. Smith to Present “Fair Collection Law, Finance & Banking” Seminar at Johnstone University
Articles
Jane Luxton and Joann Needleman Quoted in BNA Snapshot article "House GOP Report Says CFPB May Have Violated Law" by Jeff Bater, January 19, 2017“Latest CFPB Consent Order Changes the Rules for Collection Law Firms,” insideARM, January 10, 2017"Kansas District Court Provides No Clarity on Payment/Revival Disclosures," InsideARMErnie Lanza Quoted in The Bond Buyer's OUTLOOK: Pricing, Disclosure Actions Expected in 2017 With Uptick in MA CasesErnie Lanza Quoted in The Bond Buyer's "OUTLOOK: Markup Disclosure, MA Rules On Tap for 2017 Despite SEC Uncertainty"Joann Needleman Quoted in Knowledge@Wharton High School, a publication of the University of Pennsylvania: “Payday Loans and the Perils of Borrowing Fast Cash” – November 16, 2016New Generations of Lawyers Seek a Better Workplace - The Legal Intelligencer, November 15, 2016“Innovative Lending: Paving the Way for a New National Bank Charter,” Financier Worldwide Magazine, November 2016"Federal Small Business Authority Sharply Questions CFPB'S Proposed Payday Rule", JD Supra Business Advisor, October 2016Joann Needleman Quoted in insideArm: Attorney “Meaningful Involvement” Case Sent Back to District Court – August 3, 2016Joann Needleman Quoted in SubPrime Auto Finance News: Collection experts dissect CFPB’s latest proposal – August 1, 2016Joann Needleman Quoted in Wall Street Journal: CFPB Unveils Overhaul of Debt Collection - July 28, 2016Joann Needleman Interviewed on Marketplace for Business on Public Radio Regarding CFPB'S Debt Collection Regulations - July 28, 2016Joann Needleman Quoted in American Banker: Five Issues to Watch in CFPB's Debt Collection Plan - July 26, 2016"Marketplace Lending: How Will Regulators React?" Risk & Compliance Magazine, Jul-Sep 2016Small Business Guide: Access to Capital“Cyber Threats: The Foremost Risk Facing Banks and Their Directors Today,” Illinois Banker, May-June 2016Attorneys Thomas A. Brooks and Jane C. Luxton Quoted in "Under the Spotlight: Payday Ruling Could Foreshadow Marketplace Lending Regulations", Structured Credit Investor, June 2016CFPB Supervisory Highlights"What is SBREFA and Why Should You Get Ready for it Now?", InsideARM, June 2015The Capitol Forum article on M&T Bank/Hudson City merger - Tommy Brooks quotedRisk Management: Controlling Compliance-Associated RiskFrom Fort Lee to Bowling v. Office of Open RecordsRethinking Governmental Immunity in PennsylvaniaOpponents Ready to Fight Warehouse DecisionSitting in Judgment
Presentations
WEBINAR: Alternative Lending: Regulatory Challenges Front and CenterCFPB WebinarAlternative Lending: Regulatory Challenges Front and CenterNew Year – New CFPB TargetsWEBINAR: What To Do When The Government Comes KnockingWhat You Need to Know About the Consumer Financial Protection Bureau (CFPB) and Why You Should CareIs the CFPB Targeting You?