Banking & Finance - Michigan
What the team is known for Michigan's leading commercial lending practice acting for a series of major banks both locally and nationally in transactions spanning a variety of industries including automotive, life sciences and healthcare. Also handles regulatory issues on behalf of lenders.
Strengths (Quotes mainly from clients)
"They have business acumen and help assess risk. They know our institution and help us find acceptable compromises tailored to our business."
"Bodman is a go-to resource. From expertise to service, the firm routinely outperforms expectations."
Work highlights Acted for Wells Fargo Bank in negotiating a $28 million construction loan for a mixed-use residential apartment building in Detroit.
Represented Wells Fargo in relation to a borrower's use of cash as collateral when filing for Chapter 11 bankruptcy proceedings.
The "phenomenal" Larry Shulman has extensive experience representing lenders in a range of areas including leveraged buyouts and loan transactions. According to one client, "he may be the finest attorney I've ever worked with on either side of the table."
Robert Diehl is recognized by sources as "an outstanding lawyer." The focus of his practice lies in bankruptcy and debtor-credit rights, with additional expertise across a wide range of areas including syndicated loans and lender liability claims.
Joseph Kochanek focuses on secured and unsecured loan originations. He has expertise in loan issues both at home and abroad, particularly relating to Latin America and Europe.
Wendy Zabriskie handles commercial and real estate loans, as well as workouts and restructuring. Her transactional experience spreads across a number of industries, including manufacturing, technology and healthcare.
Scott Gyorke has experience in many areas of loan origination, ranging from leveraged buyouts to multi-rate, multi-currency loans.
Daniel Watson is an experienced banking practitioner, with expertise spanning a variety of industries to handle loans relating to the commercial, real estate and construction sectors.
Kathleen O'Callaghan Hickey handles a variety of loan issues, spanning from secured transactions to lender liability counseling. She also handles financing for healthcare, educational and religious organizations.
Ralph McDowell provides a broad range of expertise, focused in areas such as commercial bankruptcy and debtors' and creditors' rights. Sources praise his "excellent counsel beyond just the legal side, but the business side as well."
Significant clients Comerica Bank, The Huntington National Bank, Flagstar Bank, RBS Citizens, Fannie Mae.