Banking and Financial Services
In the 70 year history of Ruff, Weidenaar & Reidy, Ltd., the law firm has developed a significant expertise in banking and financial services law. Our representation of financial institution clients has been both as general counsel and special counsel. We currently represent more than a dozen financial institutions.
The following profiles many of the areas in which our attorneys practice. If you need advice on an issue that you do not see specifically described below, please do not hesitate to ask us about it -- chances are good that we have handled a similar matter before.
Loan Documentation and Closing
We have extensive experience in assisting our financial institution clients in the documentation and closing of new loans. Our attorneys have worked on all types of loans, with the greatest concentration of loans being commercial real estate and asset-based loans. The services we render include the preparation of commitment letters and loan documents of many varieties, the review of title and collateral documents, supervision of the closing of the loans, and the rendering of legal opinions as to enforcement or other loan issues. Additionally, we are often asked to document the modification or extension of existing loans.
We realize that our client’s goal is to establish mutually beneficial relationships with its customers. We try to facilitate the achievement of that goal by providing competent, prompt and efficient legal services at reasonable costs.
Enforcement, Collections and Workouts
We work closely with financial institutions in enforcement, collections or workouts of loans. This work often involves litigation. The firm has long enjoyed a successful trial practice. Our lawyers currently handle various litigation matters on a daily basis. We have combined this litigation expertise with our general banking, commercial and real estate law expertise. That has enabled us to become proficient in our collection or enforcement efforts on behalf of our clients. These efforts are designed to help our clients realize the benefits of the loans or other services provided by them to their customers and to minimize losses.
Compliance and General Business Advice
Our financial institution clients often seek counsel from our firm concerning compliance with many different state and federal banking statutes, rules and regulations. We are well qualified to opine on whether certain policies or procedures are in compliance with such laws. Our firm also assists in the formulation of policies and procedures for clients. The firm has an extensive general business law practice on behalf of banks and businesses of many other types. On behalf of financial institutions, we have provided professional services concerning holding company formations, mergers, acquisitions, dissolutions, participation in different ventures, employment matters, securities law compliance, and real estate transactions, including the sale of REO properties and leases.
The firm provides general legal counsel to various businesses, including real estate developers and investors. Much of this work involves reviewing with our clients all aspects of various transactions, including financing of the same. In this regard, we have assisted clients in the understanding and negotiation of various types of financing, including conduit lending involving commercial mortgage backed securities. We have also been instrumental in helping our clients establish borrowing and other banking relationships with our numerous financial institution contacts.
The following profiles many of the areas in which our attorneys practice. If you need advice on an issue that you do not see specifically described below, please do not hesitate to ask us about it -- chances are good that we have handled a similar matter before.
Loan Documentation and Closing
We have extensive experience in assisting our financial institution clients in the documentation and closing of new loans. Our attorneys have worked on all types of loans, with the greatest concentration of loans being commercial real estate and asset-based loans. The services we render include the preparation of commitment letters and loan documents of many varieties, the review of title and collateral documents, supervision of the closing of the loans, and the rendering of legal opinions as to enforcement or other loan issues. Additionally, we are often asked to document the modification or extension of existing loans.
We realize that our client’s goal is to establish mutually beneficial relationships with its customers. We try to facilitate the achievement of that goal by providing competent, prompt and efficient legal services at reasonable costs.
Enforcement, Collections and Workouts
We work closely with financial institutions in enforcement, collections or workouts of loans. This work often involves litigation. The firm has long enjoyed a successful trial practice. Our lawyers currently handle various litigation matters on a daily basis. We have combined this litigation expertise with our general banking, commercial and real estate law expertise. That has enabled us to become proficient in our collection or enforcement efforts on behalf of our clients. These efforts are designed to help our clients realize the benefits of the loans or other services provided by them to their customers and to minimize losses.
Compliance and General Business Advice
Our financial institution clients often seek counsel from our firm concerning compliance with many different state and federal banking statutes, rules and regulations. We are well qualified to opine on whether certain policies or procedures are in compliance with such laws. Our firm also assists in the formulation of policies and procedures for clients. The firm has an extensive general business law practice on behalf of banks and businesses of many other types. On behalf of financial institutions, we have provided professional services concerning holding company formations, mergers, acquisitions, dissolutions, participation in different ventures, employment matters, securities law compliance, and real estate transactions, including the sale of REO properties and leases.
The firm provides general legal counsel to various businesses, including real estate developers and investors. Much of this work involves reviewing with our clients all aspects of various transactions, including financing of the same. In this regard, we have assisted clients in the understanding and negotiation of various types of financing, including conduit lending involving commercial mortgage backed securities. We have also been instrumental in helping our clients establish borrowing and other banking relationships with our numerous financial institution contacts.
Practice Areas