Statman Harris, LLC has an exceptional team of commercial banking and finance lawyers with a national reach and a Midwest regional focus. We provide legal counsel to all types of financial services companies and borrowers. Our clients receive first-class advice, benefiting from our experience with all aspects commercial lending as well as bankruptcy, restructuring and workout.
Commercial and Asset-Based Lending
Our team provides sophisticated and detailed advisement on loan transactions of all sizes, from complex middle market asset-based deals to syndicated and mezzanine financings to Small Business Administration loans. Our team has vast experience in the full spectrum of lending and provides a creative and interdisciplinary approach to counsel lenders and borrowers on all aspects of a transaction.
For banks and institutional lender clients, we provide counsel and documentation on transactions such as asset-based and real-estate based loans, working capital facilities, bilateral and multi-lender facilities, letters of credit, leveraged buy-outs, mezzanine financing, and more. We also provide guidance and documentation on loan extensions and modifications, subordination agreements, intercreditor agreements, and negotiations with landlords, securities intermediaries, and other banks and third parties.
Our experience helps us meet legal requirements and achieve our client’s business objectives while recognizing the ongoing relationship between lender and borrower. We learn and understand the borrower’s business, and using our experience to identify risks and unique situations, advise on appropriate loan structure and strategy.
Our highly regarded team of real estate lawyers has closed real estate finance transactions throughout the Midwest region and has impressive and significant experience performing due diligence and documenting real estate deals. We represent clients on all sides, including developers, lenders, leasing agents, borrowers, brokers and more.
Financial Services Litigation
Our team of litigators represents banks, finance companies, mortgage lenders, credit unions, auto finance companies, retailers and others in litigation related to collections, foreclosure, bankruptcy and lender liability disputes. We work hard to develop strategies for quick and effective resolution out of court, but are trial-ready to pursue aggressive litigation when that is the best course of action. We have hundreds of workouts and trials under our belts.
Our skilled bankruptcy practitioners, transactional lawyers, and litigators provide comprehensive solutions and insight for advising financial clients dealing with nonperforming or distressed loans. Our experience across all stages of lending allows an interdisciplinary approach to best represent lenders and businesses facing restructuring, insolvency-related litigation or workouts.
We negotiate forbearance agreements and deed-in-lieu transactions, handle state-court foreclosure proceedings from pre-suit negotiation through the REO process, involving receivers or liquidating assets as necessary. We have pursued borrowers and guarantors, liquidating a variety of assets pursuant to Article 9 or otherwise, and recovered countless types of collateral on behalf of our clients.
In bankruptcy, we have successfully protected cash collateral, disposed of assets, and sought relief to pursue state court remedies, responding quickly and effectively to preserve assets that can be saved.
We have also effectively handled a variety of lender liability matters, from simple counter-claims intended to delay foreclosure proceedings to more complex substantive allegations, providing valuable counsel on the viability of such claims and efficient out of court negotiations.
At Statman Harris, LLC we pride ourselves on our ability to achieve our client’s goals in an efficient manner, providing them advice on the most current laws and in light of their specific needs. We have a team of supremely talented and highly motivated lawyers who devote themselves to your goals. Avvo has rated us with a 10 on their 0-10 scale, reflecting that our firm is ‘superb’ in its work. Our firm has also earned a national recognition in the Fortune 1000 companies as a ‘hidden gem’ by the BTI consulting Group. Our attorneys are ranked among the best in the industry with consistency. We are regularly recognized among Cincinnati’s Leading Lawyers, SuperLawyers and Rising Stars. Our firm also has attorneys who are AV rated. These AV rated attorneys are recognized as a Fellow in the Litigation Counsel of America and a Certified Life Member in the Million Dollar Advocates Forum.