The Law Offices of Shannon J. Posner, P.A. has extensive experience representing surety companies in providing legal opinions concerning coverage and in representing their interests in litigation in state and federal courts. We handle performance and payment bond claims, negotiation, litigation and pursuit of indemnity rights. In addition to contract surety matters, we can advise our surety clients with respect to numerous commercial surety bond matters, including fiduciary bonds, public official bonds, license and permit bonds and other statutory and miscellaneous bond matters.
The Law Offices of Shannon J. Posner, P.A. represents financial institutions that include, without limitation, national and regional commercial financial institutions and community banks. For more than eight (8) years, the Firm has assisted and advised its financial services clients in large loan transactions, real estate financings, asset based lending transactions, loan documentation and due diligence. We have represented financial institutions in extending working capital and other credit facilities to companies. Additionally, the Firm has represented its clients in connection with SBA loans, real estate acquisitions, development loans and construction and permanent real estate financings.
The Law Offices of Shannon J. Posner, P.A.’s attorneys have extensive experience in representing secured creditors. For more than eight (8) years, the Firm has assisted clients in foreclosing against commercial and residential properties. In addition to the Firm’s foreclosure law experience, the Firm’s bankruptcy law practice assists the Firm’s attorneys in understanding how bankruptcy will affect any and all collection and/or eviction proceedings against a debtor in relation to a foreclosure.
The Law Offices of Shannon J. Posner, P.A. represents financial institutions and other commercial creditors in connection with commercial workouts, modifications and/or restructurings. The Firm regularly practices in a full range of creditor’s rights matters such as restructuring and/or modifying distressed commercial loans, recovering collateral and liquidating assets.
For more than eight (8) years, we have handled hundreds of workouts, modifications and/or restructurings. At any given time, it is not unusual for the Firm to be handling between 50 to 100 separate workout matters for a diverse group of clients ranging from national and regional commercial financial institutions to community banks.
We are experienced in virtually all aspects of commercial workouts, modifications and/or restructurings. Our broad transactional experience and extensive form files enable us to efficiently handle “soft” workouts involving the restructure or modification of virtually any type of commercial credit facility. In situations in which our client seeks to exit a credit facility, our many contacts in the lending industry enable us to identify other lenders who might be willing to purchase or refinance the credit facility.
We can also provide a full range of services for more distressed credits, including, without limitation, negotiating forbearance agreements, recovery of collateral and liquidation of assets. We have conducted numerous foreclosure sales and liquidations throughout the Mid-Atlantic region involving various types of collateral including real estate, machinery and equipment, inventory and a variety of other types of commercial assets.