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| Creditor Rights & Bankruptcy |
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In many instances it is more advantageous and cost effective for our clients to pursue out-of-court workouts and settlements. Bricker & Eckler LLP represents numerous banks focused on middle market corporate customers, asset based commercial lenders, mezzanine lenders and real estate lenders seeking to restructure troubled credits through out-of-court workouts. Our attorneys have significant experience in negotiating and documenting forbearance transactions, collateral surrender and liquidation transactions and lien subordination and payment subordination transactions, as well as loan agreement amendment and covenant waiver matters.
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