Ginsberg Jacobs LLC’s Finance Practice Group provides a full range of financial related services related to financial institutions, finance companies, publicly traded corporations, hedge funds, and equity sponsors and developers. The group’s twelve attorneys represent both borrowers and lenders in a wide range of commercial and real estate related financings and restructurings.
Utilizing its depth, experience and talent, the Finance Practice Group represents its clients in all stages of a lending transaction including advising on the structure of both middle market and complex multi layer and multi lender transactions.
Ginsberg Jacobs LLC’s lender clients include a number of national, regional and community banks, including three of the five largest Chicago based financial institutions.
REAL ESTATE FINANCE
Ginsberg Jacobs has extensive experience representing lenders in the documentation of real estate loans. The firm represents lenders in connection with term and construction financing for all types of real property categories including hospitality, retail, office, multifamily, industrial and mixed use. In addition, the firm's attorneys have experience with multi lender transactions and regularly represent agents, co-lenders and participants in multi bank facilities. The Finance Practice Group also has experience documenting mezzanine loans and dealing with various intercreditor issues and negotiations.
COMMERCIAL FINANCE
The firm's attorneys represent their lending clients in connection with numerous types of commercial lending transactions involving varying types of collateral including asset based and cash flow transactions, equipment leasing and lending, franchise finance and healthcare lending transactions. Drawing upon many of its attorneys' prior in house experience, the firm is also able to assist its clients with structuring issues related to these loans. The Finance Practice group also relies upon its experience with distressed lending transactions, including matters related to insolvency and Bankruptcy actions, to document, structure and negotiate the origination of these commercial loans.
TAX CREDIT FINANCE
Ginsberg Jacobs represents lender, investors and financial institutions in connection with both investments, leveraged loans, and real estate and construction financing for projects utilizing various tax credits, including, New Market Tax Credits, Historic and Rehabilitation Tax Credits, and Low Income Housing Tax Credits. Drawing upon the expertise of its nationally renowned tax credit practice, the firm's attorneys are able structure and document these transactions and provide their clients with the knowledge that they need to best understand these transactions. The firm's attorneys are frequently called upon to provide in house presentations to its lender clients in connection with tax credit financing.
LOAN RESTRUCTURING AND WORKOUTS
Ginsberg Jacobs' Finance Group has extensive experience with workouts and restructurings of various types of loan obligations. The firm's attorneys represent their finance clients with various types of transactions involving non performing or distressed assets including forbearance arrangements, deed in lieu transfers, restructurings and modifications, and involuntary and voluntary liquidations, including assignments for the benefit of creditors, UCC sales, and receiverships. Additionally, the firm's bankruptcy attorneys have experience representing creditors in all aspects of insolvency and bankruptcy actions and regularly are involved in sales and transfers out of bankruptcies including Section 363 sales.
DISTRESSED DEBT RESOLUTION AND DISPOSITIONS
Ginsberg Jacobs assists its finance clients with both the sale of distressed debt obligations and Other Owned Real Estate (OREO). In the area of debt sales, the firm’s attorneys have particular experience with the structure and negotiation of both direct and brokered loan sale transactions including portfolio sales. The firm’s attorneys’ expertise in this area allow them to best protect their clients and they have handled the sale of numerous assets which involved troubled underlying collateral.
Drawing upon the firm’s experience with real estate transactional matters, Ginsberg Jacobs assists its clients with OREO sale transactions. Understanding the potential risks and requirements for OREO properties, the firm provides timely and skilled representation allowing its clients to dispose of these assets.
