Workouts
Ober|Kaler’s team of attorneys are poised to act quickly and responsibly to help both creditors and business clients deal with the workout challenges presented by distressed debt, default and other credit issues.
Our workout attorneys help clients take the appropriate actions designed to craft effective, enforceable solutions. We handle a variety of workout issues including:
- Out-of-court loan and lease restructurings and workouts for real estate projects, health care providers and commercial businesses
- Litigation
- Recoveries, collections and replevin actions
- Syndicated transactions
- Residual value issues
- Tax liens
- Lien perfection
- Security interest rights
- Article 9 of the Uniform Commercial Code (UCC)
- Article 9 private sales
- Shareholder dispute receiverships
- Corporate and partnership dissolutions
- Real estate foreclosure
- Deeds in lieu of foreclosure
- Public auctions
- Civil actions to collect deficiencies
- Enforcing guaranties, garnishments and other attachments
- Settlement agreements among over-extended borrowers, guarantors and creditors
- Protecting interests in U.S.-domiciled mobile collateral
- Protecting lease ownership interests in ships and aircraft used in international commerce
