Banking & Financial Services

In addition to our substantial experience as counsel to lenders in new loan originations, Phillips Lytle has a proven track record of success in providing sophisticated legal advice on restructuring loans that have encountered difficulty, whether the restructuring is needed prior to an insolvency proceeding or occurs in connection with an insolvency proceeding. We have experience with all types of loan restructuring and workouts – from simple re-documentation to more complicated intercreditor arrangements, capital infusions, asset sales and liquidations. Our experience with some of the largest bankruptcies in the United States enables us to provide the critical advice and timely documentation typically needed in distress situations.

Loan Restructurings and Workouts