Experience

• Letters of Credit Redoc
  Schiff Hardin represented a commercial bank in connection with the re-documentation of two letters of credit aggregating $8 million.
  


• Florida Hospital
  Schiff Hardin represented a leading international financial institution in a highly contested bankruptcy proceeding in Florida involving a hospital and two related extended care facilities.
  


• ECI
  Schiff Hardin represented the senior mortgage lender and largest unsecured creditor in the ECI bankruptcy in Chicago, Illinois.
  


• Manhattan Office Foreclosure
  Schiff Hardin represented the mortgage lender in connection with foreclosure of a multi-tenant Class 'B' office building in Midtown Manhattan.
  


• Assisted Living Facility
  Schiff Hardin represented a bank in connection with renegotiating four separate term and construction loans for assisted living facilities owned by affiliated borrowers.
  


• Guarantor Defaults
  Schiff Hardin represented an agent bank in connection with the workout of guarantor defaults under a master construction loan facility providing four loans to four related borrowers in four states.
  


• Tax-Exempt Bonds
  Schiff Hardin represented a letter of credit bank in connection with restructuring tax exempt-revenue bond financing for an east coast hospital system.
  


• 400-Unit NYC Condo
  Schiff Hardin attorneys represented a lender and its participants in connection with a 400-unit condominium project in New York City with a borrower holding approximately 100 unsold units at maturity.
  


• Republic Bank
  Schiff Hardin, in the first such transaction of 2009, assisted a client in the acquisition of a failed Illinois bank from the FDIC.
  


• Wintrust
  Schiff Hardin represented Wintrust Mortgage Corporation in its asset acquisition of Professional Mortgage Partners, Inc., a mortgage banking company with ten branches throughout the greater Chicago area.
  


• Restructuring Debt Obligations
  Schiff Hardin represented a lender in connection with the restructuring of all the debt obligations of various real estate companies of a prolific national real estate developer.
  


• Trustee in Foreclosure
  Schiff Hardin represented a bank in Illinois in its role as corporate trustee for three municipal bond financings in three states, involving loans by municipalities in those states to a single nursing home operator.
  


• Financial Services Company
  In 2007, Schiff Hardin advised a client in connection with its discovery of several years of apparent non-compliance with EPCRA reporting and other reporting and permitting requirements at one of its data centers.