Workouts & Reorganizations

Spotts Fain is often engaged in negotiating and documenting out of court workouts and reorganizations, particularly for secured lenders. We assist lenders in a detailed analysis of the debtor's business, the enforceability of loan documents, the existence and perfection of security interests, available remedies and the existence of any potential lender liability claims or other obligor defenses. Thereafter, we work closely with the lender to negotiate and document the appropriate workout agreements and assist in resolving any post workout defaults.