Special Assets Lawyer Blog

Quick! Name a celebrity bankruptcy lawyer!

Drawing a blank? That's because bankruptcy lawyers try hard to keep their clients out of the glare of publicity, and rarely comment on their clients' matters.

So, we were more than pleased when my partner, bankruptcy lawyer par excellence, Bob Kaplan, was featured in the recent Northern California Super Lawyers(R) magazine. Bob is the kind of lawyer who gets the best possible results of his clients in the least possible time. He works on the biggest deals out there, and plenty of smaller ones. He treats each with the utmost importance.

Continue reading "Bankruptcy lawyers in the limelight?" »

As many of you may know, I was asked to help launch the Northern California chapter of the Special Assets Management Association (SAMA), and I currently serve on its Event Planning Committee. SAMA is hosting a luncheon program on "The Dos and Don'ts of Lender Liability" on March 1st at the Hyatt Regency in San Francisco.

My partner, Joe Demko, is a panelist, along with other professionals with deep experience in lender liability issues.

Continue reading "The Dos and Don'ts of Lender Liability - SAMA Program in San Francisco" »

Jeffer Mangels Butler & Mitchell LLP (JMBM) is pleased to announce that Ben Young has joined the firm as a partner in the Bankruptcy Department.

With more than 30 years of experience in insolvency matters, Ben provides a full range of bankruptcy, insolvency and restructuring expertise to his clients. He handles debt and equity restructuring, complex workouts, assignments for the benefit of creditors, receiverships and foreclosures for a wide range of businesses and financial institutions.

Continue reading "JMBM Welcomes Insolvency Lawyer, Bennett G. Young" »

This past quarter end once again reminded us that the economy remains weak and borrowers who have managed to hang on for the past three or four years are running out of staying power. The topic again arose - what to do when a borrower files bankruptcy? Faced with the prospect of throwing good money after bad, some lenders bury their head in the sand and simply wait it out, often with terrible results. Others charge ahead aggressively and run up large legal bills that are not justified by the amount of the obligation or the difficulty of recovery.

Over the years, I have encouraged clients facing a bankruptcy filing by a customer to stop and carefully consider the available options. Here is a simple checklist to run through while reaching a decision that will preserves the Bank's rights in a manner that is cost-effective.

Continue reading "When Your Borrower Files Bankruptcy - A 10-Point Checklist" »

Lawyers Who Understand and Know What to Do About Problem Loans and Troubled Debts

Every day, problem loans of all types cross the desks of the JMBM Special Assets Team™. Our clients are banks, special servicers, private lenders and others who challenge us to help them find value where all appears to have been lost. They rely on our collective years of experience to develop the right approach for each loan.

The JMBM Special Assets Team™ can help you maximize value and minimize loss. Give us a call.

See members of the team in San Francisco, Los Angeles, and Orange County:

San Francisco
Richard A. Rogan RRogan@JMBM.com 415.398.8080 Nicolas De Lancie NDeLancie@JMBM.com 415.984.9675 Dennis J. White DWhite@JMBM.com 415.984.9615 Walter W. Gouldsbury III WGouldsbury@JMBM.com 415.984.9680	Robert B. Kaplan RKaplan@JMBM.com 415.398.8080 Joseph N. Demko JDemko@JMBM.com 415.984.9676 Martin H. Orlick MOrlick@JMBM.com 415.984.9667 Victor T. Shum VShum@JMBM.com 415.984.9611

Los Angeles

John A. Graham JAG@JMBM.com 310.201.3523 Barry V. Freeman BFreeman@JMBM.com 310.785.5367 Neil C. Erickson NErickson@JMBM.com 310.201.3516 Robert Braun RBraun@JMBM.com 310.785.5331

James R. Butler JButler@JMBM.com 310.201.3526 Kenneth C. Bovard KBovard@JMBM.com 310.201.3564 David M. Poitras DPoitras@JMBM.com 310.201.3571 Thomas M. Geher TGeher@JMBM.com 310.712.6820

This is Dick Rogan, bank lawyer and author of www.SpecialAssetsLawyer.com, signing off for now. Join us again soon to check out what's new in the World of Workouts.

Year after year, day after day, workout professionals in the know rely on JMBM's Special Assets Team™ to handle problem commercial and real estate loans. Whatever problem loans you have, chances are, we've seen it. Give us a call.
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Our Perspective. JMBM represents commercial banks, special servicers, private lenders, asset-based lenders, hard money lenders and factors. We help lender clients throughout the United States craft business and legal solutions to their commercial and real estate troubled loans. For more information, please contact Dick Rogan at RRogan@JMBM.com, or (415) 398-8080.

NOTE TO CONSUMERS: As a matter of Firm policy, JMBM does not represent individual consumers who have disputes with their lenders. Many lenders have specialized consumer workout professionals who have the time to help consumer borrowers. There are many fine attorneys who specialize in representing consumers. Individuals with consumer lending problems should contact a lawyer or law firm who specializes in consumer insolvency and bankruptcy in their local area. When in doubt, we suggest you contact your local bar association's Lawyer Referral Service. [For example, see Bar Association of SF or LA County Bar Association Lawyer Referral Services]

JMBM does not provide legal advice to consumers, and cannot respond to consumer inquiries.