Banking & Finance

Providing specialized legal representation for local and regional banking organizations...

Eckberg Lammers' banking & finance group provides high-quality, cost effective legal representation to banks, credit unions and other financial institutions.  Focusing on issues that affect lenders' rights, our experienced attorneys can assist your organization in the following areas:

REGULATORY COMPLIANCE

With extensive knowledge of both state and federal banking regulations, we actively counsel our clients on regulatory compliance questions or concerns.  We also provide strategic and tactical guidance in assisting our clients with the resolution of regulatory matters.

COMMERCIAL LENDING DOCUMENTATION

We help clients develop and maintain complete, accurate and comprehensive commercial loan documentation for a wide variety of transactions. We focus specifically on:

  • Asset-based & unsecured lending
  • Construction & real estate financing
  • Equipment financing
  • Not-for-profit lending
  • Letters of credit
  • Participations
  • Subordinations
  • 1031 exchanges
  • Public financing

SMALL BUSINESS LOAN ADMINISTRATION (SBA) LENDING

From the most basic 7(a) loans to more complex Certified Community Development (CDC) 504 programs, we work closely with local and regional banks to administer all aspects of SBA lending. We package SBA loan documents, offer compliance reviews, assist with asset liquidations and work to resolve disputes with the SBA.

LOAN RESTRUCTURE & WORKOUT

When existing commercial loans become troubled, we work diligently to negotiate restructured terms and agreements that best protect our client while allowing the overall transaction to remain viable.

COLLECTIONS

In the event that a commercial lending agreement defaults, we quickly step in to protect our client's rights and develop strategies to minimize financial loss. We have extensive experience in foreclosure and relinquishment agreements, deeds in lieu of foreclosure and enforcement of forbearance agreements.

REAL ESTATE FORECLOSURE

From the filing of the initial notices to the expiration of the redemption period, we help clients with every facet of real estate foreclosure, while ensuring compliance with the ever-changing laws and regulations protecting the borrower. We also evaluate real estate short sale requests to help clients assess the difference between a transactional loss versus the cost of pursuing foreclosure and owning a non-earning asset.

LENDER'S RIGHTS IN BANKRUPTCY

Our attorneys, well-versed in each chapter (and every new update) of the Bankruptcy Code, work with clients to assess their position as creditor in pending proceedings and to pursue every recovery option available.

LITIGATION

At Eckberg Lammers, we recognize that transaction can break down and disputes between lenders, borrowers and other parties can reach a point where negotiation is no longer possible or advisable. In this event, we aggressively represent our clients in litigation to protect their rights and maximize financial recovery, all the while keeping their ultimate business goal in mind.

We focus specifically on:

  • Lender liability defense
  • Money judgments
  • Attachments
  • Injunctive relief
  • Levy & execution
  • Repossession & replevin
  • Post-judgment collection
  • Foreclosure

LET THE BANKING & FINANCE TEAM AT ECKBERG LAMMERS REPRESENT YOUR FINANCIAL INSTITUTION.

To schedule a consultation call 651-439-2878 or send us an e-mail today.

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