Overview

Objectives: Solid Strategies for Financial Services Clients

The expansion of licensed financial institutions in California continues despite the current economic downturn - in 2008 state assets reached $353 billion. However, when market cycles shift so does the finance framework governing borrowers and lenders.

Weathering uncertainty, managing risk and capitalizing business opportunities require experienced, tested counsel. Archer Norris attorneys have steadily advised commercial lenders, borrowers and others in the financial services sector for more than five decades, helping clients achieve their goals and fund projects and close transactions through all fluctuations and market conditions.

FAQ

FAQ

What advantage does Archer Norris bring clients in finance deals?

Our business playing field is the dynamic California and regional business and real estate environment. Our firm’s longevity and success depends on knowing not just the key people but also addressing clients’ current and future concerns. We add market insight and create efficient and workable solutions to novel problems. Known for our strength in consensus building on complex issues, Archer Norris attorneys achieve outstanding results in even the most difficult matters. Our successes include guidance on foreclosure alternatives for big borrowers, and removing technical obstacles in the sale of environmentally distressed properties.

How does your counsel add value to the deal?

Archer Norris views transactions through several lenses – workability, client protection and long-term consequences. Our capabilities include counseling on all phases of financing, including structuring and risk assessment, negotiation and documentation, due diligence and closing. We provide an in-depth understanding of applicable laws, policies and procedures and offer new viewpoints on issues faced by our clients. This 360-degree outlook includes addressing problematic areas. Clients are well positioned in avoiding costly penalties, delays and transactions that fail to achieve their goals.

How can you help with insolvency and creditors’ rights issues?

As more financially challenged businesses slide into insolvency and seek protection in bankruptcy court, the Archer Norris creditors' protection team can manage bankruptcy-related issues including: representing creditors at 341 hearings in bankruptcy (first meetings of creditors), preparing claims, handling motions for relief from stay, serving on creditors’ committees and/or prosecuting adversary actions challenging dischargeability.

What services do you offer regarding bank work-outs and REO situations?

Forensic audit and fraud investigation play a strong role in REO work-outs, particularly in economically challenging times. Drawing on significant experience in resolving troubled loan situations for our developer clients and others, the Archer Norris work-out team can negotiate, prepare and review bank documents, contest claims, and negotiate business terms for defaulted credits. Archer Norris has represented its clients in receiverships where we measure our success by the cost effective management of assets over a short term.