Equity Interests as Collateral: Creating and Enforcing Security Interests in Equity of Corporations, Partnerships, and LLCs

Mr. Cochran has extensive experience advising clients in workouts and restructurings involving complex collateral packages and multiple jurisdictions. He represents secured lenders, distressed debt investors, special servicers and other clients in connection with secured loan restructurings (including consolidations), structured asset dispositions, collateral “take backs,” discounted payoffs, note sales and similar matters as well as lien enforcement proceedings (including judicial and nonjudicial foreclosures of retail, office, hotel and other properties and UCC sales of limited liability company and partnership interests). Mr. Cochran also advises lenders and investors in a wide variety of sophisticated commercial real estate financings, including mortgage loan transactions (both recourse and non-recourse) and mezzanine loan transactions. In addition, he has particular expertise in loan portfolio reviews, secured financings, enforcement actions and other matters involving Article 9 (Secured Transactions) of the Uniform Commercial Code.

Mr. Smith concentrates his practice in commercial law, debt financings, structured financings, workouts, bankruptcies, and international transactions. He is particularly knowledgeable on commercial law and insolvency matters, both domestic and cross-border. His representations have included those in major bankruptcies including Lehman and the City of Detroit. Mr. Smith often advises financial institutions on documentation and risk management issues.

Mr. Weise practices in all areas of commercial law and has extensive experience in financing, especially in those secured by personal property, including structured financing. He is regarded as one of the foremost authorities on Article 9 of the UCC. He is a member of the Permanent Editorial Board for the UCC and a member of the American Law Institute’s UCC Article 9 Drafting Committee. Mr. Weise is also the past chair of the American Bar Association’s Business Law Section Legal Opinions Committee.