Represented an insurance company lender in reference to an intercreditor settlement with a junior construction lender and the modification of a $31 million authentic principal quantity mortgage secured by a single tenant industrial property in South Brunswick, New Jersey. Our attorneys advise sureties going through bond claims, together with Miller Act claims, by conducting a radical analysis, investigating various resolutions to mitigate damages, collecting contract balances and litigating indemnity actions in local, state and federal courts, including the us Working as nationwide, regional, and local counsel, McGlinchey attorneys handle complex and conventional commercial finance transactions. We regularly deal with issues for lenders and debtors concerned in numerous government-sponsored lending conditions, together with loans guaranteed by the state of Connecticut Department of Economic and Community Development and the United States Small Business Administration . When litigation is necessary, we assess risks and develop efficient and cost-efficient methods. Whether getting ready a movement to eliminate a case before trial, attending a settlement conference, or making an attempt a case in courtroom, our objective is to realize a superb end result for our clients.
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We are known for our persistence, willpower, and skill in the pursuit of remedies for our shoppers and defense of claims towards them. Our attorneys have the experience and revered enterprise acumen essential to plan and implement practical, inventive options needed to expeditiously and cost-effectively safe the utmost recoveries for our clients beneath troublesome circumstances. The Commercial Finance Practice Group is concerned in financings of inventory and business real property acquisitions as well as securitizations of same. Our legal professionals additionally doc the restructuring of troubled loans and corporations each out and in of bankruptcy. We even have expertise with many various sorts of clients—developers, homeowners, lenders, business landlords and tenants, REITs, non-public equity and enterprise capital groups, builders, contractors, management corporations, housing authorities, and design professionals.