Karr Tuttle Campbell has significant experience in representing financial institutions including national and state chartered commercial banks, thrift institutions, and credit unions.
Commercial Transactions and Real Estate
Karr Tuttle Campbell attorneys have a broad and comprehensive history in matters dealing with commercial lending and real property financing transactions. Our lawyers have had extensive experience representing lenders in connection with negotiation and documentation of a wide variety of loan transactions, including:
Acquisition financing
Term and revolving debt financing
Equipment leasing
Dealer and dealer paper financing
Loan participations
Real property project financing
Mezzanine financing
In addition, our lawyers are experienced in documenting commercial and multi-family residential construction financing, permanent takeout financing, sale-lease back transactions, tri-party arrangements and other multi-lender credit facilities. We understand the land use, zoning and environmental issues facing lenders today, and we have successfully represented lenders in a large number of real estate development, construction and acquisition projects in the past.
Because of our experience in the area, we understand the importance of prompt response time and the need to minimize fees. We are committed to supporting our clients in their efforts to remain competitive in terms of cost and turn-around time. Furthermore, our experience in dealing with problem loan situations benefits our clients by identifying potential problem situations before they arise.
Problem Loan Workouts/Bankruptcy
Karr Tuttle Campbell has for many years represented banks, asset-based lenders and other secured and unsecured creditors in troubled loan situations. Our lawyers have considerable experience in negotiating, documenting and assisting in the implementation of workout agreements, loan restructures and private and “prepackaged” reorganizations. These workouts have ranged from complex construction loan projects to large commercial loan transactions involving numerous debt facilities and lengthy credit relationships. Our efforts have enabled clients to accurately assess the situation and deal successfully with nonperforming loans, often without the expense and risks of bankruptcy or other legal proceedings.
Our bankruptcy practice includes all aspects of creditor representation. For example, we have regularly represented creditors in connection with stay relief proceedings, cash collateral matters, disputes involving a debtor or trustee’s use or disposition of collateral, sales “free and clear of liens,” subordination claims, preference, fraudulent conveyance and other lien-avoidance proceedings, nondischargeability claims and objections to discharge, plan confirmation disputes, creditor reorganization plans in Chapter 11 proceedings, and dismissal and conversion motions.
Finally, our firm has perhaps the most extensive recent experience of any local law firm in dealing with receivership matters. Karr Tuttle Campbell lawyers have represented receivers in both state court and related bankruptcy matters, and one of our lawyers was actively involved in a Washington State Bar Association committee which drafted much of the existing state receivership statute.
Trust
The firm’s lawyers have performed a very broad spectrum of trust department services ranging from preparation and review of trust and estate documents, advice concerning fiduciary obligations and investment diversification, assistance with regulatory issues pertaining to investments and fee structure, and preparation and review of trust indentures and related documents arising out of bond issues, including industrial revenue bonds.
Commercial foreclosure
Karr Tuttle Campbell offers efficient legal services for commercial foreclosures in Washington.
Litigation
Karr Tuttle Campbell lawyers have frequently in our many years of practice represented lenders in the full range of litigation matters. Our bank litigation services include:
UCC Article 9 disputes
Judicial foreclosures
Receiverships and attachment proceedings
Maritime lien foreclosures
Replevin actions
Defense of lender liability
Defense of FDCPA and FCRA claims
Insurance coverage questions under comprehensive general liability policies, directors’ and officers’ liability policies, and bankers’ indemnity and fidelity bonds
Foreclosures and actions involving contaminated property
Contribution claims among potentially responsible parties (“PRPs”) for CERCLA remediation and associated claims under WHWMA and MTCA
Our lawyers are experienced in alternative dispute resolution mechanisms, including arbitration and mediation.
