Loan Work-Out and Restructuring


Projects or transactions often confront adverse, unforeseen events. Problems can arise at any stage of the project life cycle: development, construction, or operation. The challenge may be limited to one contractor, or as broad as the collapse of an entire sector of an economy.

Salichs Pou & Associates‘ finance workout and restructuring practice advises clients on steps to analyze and resolve the most difficult “now what” situations. Our attorneys offer skills in bankruptcy, restructuring, and litigation. They understand the legal issues, and the general business context of finance and construction projects.

We represent a broad range of parties in loan restructurings and workouts involving commercial mortgage loans, collateralized loan obligations, construction loans, bridge loans, single and multiple bank lines of credit, syndicated credits, and other forms of financing. In appropriate cases, we have had significant success in helping clients achieve favorable resolutions without resorting to bankruptcy or litigation.

We approach each assignment as unique: We analyze the pros and cons of all options, and advise a client of the risks and rewards of each approach. We then execute the client’s strategy, which may involve a negotiated restructuring, sale, bankruptcy, foreclosure, litigation or arbitration. We deal with lender liability concerns, balancing competing lender interests in participated loan transactions.