Now more than ever, it’s important that lenders partner with competent counsel to navigate the increasingly complex and competitive financial services landscape. For institutional lenders of all sizes, that partner is Jaspan Schlesinger LLP. Our banking and financial services attorneys have the in-depth experience and commitment to client service you seek to simplify even the most complex credit and banking transactions, and to adeptly handle all aspects of banking litigation.
While our banking and financial services attorneys are often called upon to counsel clients in lending transactions and banking litigation, our experience is diverse, our practice wide ranging. It includes:
Because Jaspan Schlesinger is a full-service law firm, our banking and financial services attorneys consult as needed with colleagues who handle ancillary subjects to provide you with a solution-driven, holistic approach to banking and financial services matters.
Briefed and argued a case of first impression with wide-ranging implications for the mortgage industry in the New York State Court of Appeals, resulting in a favorable decision overturning orders from both the trial court and the intermediate appellate court. As a result of this decision, trial courts are now required, on a case-by-case basis, to specify the type of proof they require when determining a motion for deficiency judgment after a foreclosure sale.
Enforced a judgment against a borrower who had defended the action based on defalcation by his bookkeeper. We recovered hundreds of thousands of dollars from retainage and profit from construction jobs and successfully defended the client against lien law claims. We also recovered significant surplus in a tax lien foreclosure of the guarantor’s jointly owned property.
Prosecuted enforcement action of multimillion-dollar loan guaranteed by the United States Small Business Administration through affirmance on appeal in the Appellate Division, Second Department, including dismissal of the borrower’s counterclaims against the lender alleging self-dealing, violation of New York state banking laws, lender liability and RICO.
Guided a financial institution through chapter 11-bankruptcy case, wherein the client was vastly undersecured. Represented client in fraudulent conveyance litigation involving property in multiple states. Results obtained in six months enabled that client to fully secure its debt and obtain repayment over a short period of time.
Negotiated a financial institution’s participation in millions of dollars of commercial and residential mortgage loans.