Full-Service Innovative Approach.
Spruce Law offers a comprehensive, cross-disciplinary approach and results-driven client service. Our attorneys represent national and regional banks, investment funds, equipment finance companies, and other financial institutions in a broad variety of matters, including commercial loan transactions, JV structuring, mezzanine lending, equipment leasing, securitizations, sales and acquisitions of financial asset portfolios, debt restructuring, creditors’ rights, financial services litigation, and regulatory matters. Our attorneys have practiced with some of the largest and most respected global firms, corporate legal departments, and specialty law practices. We are a team of seasoned legal professionals and industry leaders, with pedigrees equal to those found at traditional large firms. However, Spruce Law’s unique and innovative approach enables us to serve financial services clients with maximum efficiency.
Banking and Finance Transactions.
Representation of banks and other financial institutions in lending and other commercial finance transactions is at the core of Spruce Law’ Banking, Finance, and Debt Restructuring practice. Our attorneys are experienced in the negotiation, structuring, and documentation of commercial and industrial loans, asset-based loans, real estate and construction loans, SBA-guaranteed loans, letter of credit transactions, and equipment leasing and finance transactions. Spruce Law counsels clients on various forms of credit enhancement and the optimal structuring of credit relationships. Our attorneys also handle sales and acquisitions of financial assets, including distressed-asset portfolios, and securitizations. Our deep bench of attorneys is prepared to meet the tight timeframe requirements often imposed in loan transactions. Relying on our comprehensive library of firm-crafted model loan documents and incorporating our clients’ specific documentation guidelines, we cost-effectively handle complex as well as “garden-variety” transactions.
Debt Restructuring.
Spruce Law regularly represents banking and finance clients in workouts and debt restructurings, reorganizations, and enforcement of creditors’ rights. We represent our financial services clients in their efforts to collect defaulted loans and utilize their collateral security, as well as in their efforts to restructure and otherwise work their way out of distressed credits. As part of such representations, we help clients maximize recovery while minimizing potential risk. Our debt restructuring attorneys routinely negotiate, document and successfully implement forbearance and debt restructuring agreements, and exit financings and successfully litigate stay relief and cash collateral issues.
Financial Services Litigation.
Our attorneys have represented many clients in disputes arising out of checks and payments under Articles 3 and 4 of the Uniform Commercial Code, enforcement of defaulted loans, mortgage foreclosure proceedings, lender liability litigation, and other commercial disputes. We also offer substantial experience in guiding clients through Attorney General investigations and regulatory investigations. Our litigators and trial lawyers are experienced in all types of financial services litigation and alternative dispute resolution and have a strong track record obtaining successful outcomes in court as well as in arbitration and mediation.
Spruce Law Adds Value.
In addition to high-quality transactional, bankruptcy, and litigation services with competitive fee structures, Spruce Law attorneys also offer a variety of additional, relevant services to our banking and financial services clients.
With the support of our Corporate and Business Law Practice, we offer significant experience in negotiating a range of transactions that may be of importance to our clients. Whether structuring and documenting an asset sale or acquisition, a complex merger, or simply documenting a routine business arrangement, we offer precise, tactical, and personalized legal representation for every deal.
Spruce Law Employment attorneys will help banks and finance companies in all aspects of key talent management, from negotiating and documenting executive compensation packages to assisting HR departments in handling ongoing employment matters.
We also offer significant experience in environmental matters typically encountered by our banking and finance clients. In addition to being qualified to review and advise clients on environmental reports and notices, we anticipate the challenges along the way based on our past experience, look to minimize risk, wherever possible, and offer practical and effective solutions for every situation.