Loan Workouts & Restructuring

A centerpiece of Dickinson Wright’s bankruptcy, restructuring and creditor’s rights practice is our unparalleled experience representing parties in financial restructurings and workouts. Our clients ranges from the country’s largest multinational lenders to community-based lenders, reflecting the confidence that financial institutions have in our experience. While our practice is centered on lenders, our experience also permits us to also provide insightful service, advice and value to non-lender clients.

Our lawyers have a keen appreciation of both the legal and business issues, problems and challenges that parties encounter when faced with the need to restructure or exit from a troubled loan. Therefore, we have developed a cost-effective approach that produces high-quality results for our clients. Our team efficiently handles complicated financial restructurings in almost every conceivable area of business – from traditional small manufacturing companies to major automotive suppliers, from startups to mature companies, from real estate matters involving a single property to major developments with hundreds of properties in multiple locations, and everything in-between. 

Our Services

• Reviewing existing loan documentation for consistency with internal approvals and to assure properly documentation and perfection of any collateral originally contemplated.

• Determining opportunities for changing, amending and improving the lenders documentation and collateral position.

• Structuring, negotiating and documenting agreements with borrowers whether by way of an amendment, a waiver, forbearance or a liquidation agreement.