About this role
Practice Description
Hinshaw & Culbertson LLP seeks a Service Partner or Junior Partner looking to grow their own business to join its practice. This opportunity is ideal for an attorney with significant experience representing banks, financial institutions, investors, loan servicers, special servicers, and other lenders in distressed credit, loan workout, restructuring, recovery, and enforcement matters.
Portable business is not required. The position offers the opportunity to work with sophisticated institutional clients and support complex lender-focused matters involving distressed loans, troubled borrowers, and recovery strategies.
Responsibilities
- Advise banks, financial institutions, lenders, investors, loan servicers, and special servicers regarding distressed loans and troubled borrower situations.
- Negotiate and document loan workout agreements, restructurings, forbearance agreements, loan modifications, and payment plans.
- Analyze, protect, and enhance lender collateral positions.
- Advise clients regarding loss mitigation strategies, portfolio recovery efforts, and distressed credit management.
- Counsel lenders and servicers regarding creditor rights, default remedies, and enforcement options.
- Develop and implement recovery strategies for distressed assets and non-performing loans.
- Handle matters involving receiverships, foreclosures, and UCC Article 9 remedies.
- Draft and negotiate complex workout, restructuring, servicing, and enforcement documentation.
- Partner with servicing, asset management, special assets, and recovery teams to develop practical business-oriented solutions.
- Serve as a trusted advisor to sophisticated institutional lenders.