Attorney Ed Lawton and Attorney Don Murn represented a client in the successful completion of a $26.5 million refinance transaction. The transaction required the client to defease their existing mortgage loan. Attorney Lawton and Attorney Murn dealt with the complex array of loan and defeasance documents on behalf of their client to complete the transactions and also guided the client and the other parties through the complex multi-tier ownership structure that governed the underlying real estate asset.
Regular representation of lenders in bankruptcies, including farms, real estate, service organizations and manufacturing
On numerous occasions utilized Chapter 128 proceedings to maximize a lender/client receiving multimillion-dollar payment on the sale of assets secured to it by obtaining a going concern value for the assets owned by an insolvent borrower
Obtained summary judgment on behalf of a lender/client dismissing a multimillion-dollar toxic tort claim brought in federal court related to the lender’s sale of contaminated property obtained in a foreclosure proceeding
Representation of secured creditors in out-of-court workouts, resulting in a restructured debt, allowing debtor to continue in business, and providing sufficient cash flow to service both secured and unsecured debt
Working in cooperation with borrowers to utilize Article 9 surrender and sale procedures to obtain going concern value from the sale of collateral