Our business litigation experience was born out of the era of FDIC/RTC workout cases, and we represented both entities in the early 1990s. We also represented Citizens Bank in significant work out cases and the asset manager for Goldman Sachs in connection with maximizing recovery on a portfolio of under-performing loans acquired from lending institutions.
The partners have represented Citizens Bank, Eastern Bank, Fleet Bank, Wells Fargo, Bank of America, GE Capital, Sovereign Bank, Brookline Bank and Shawmut Bank in collecting on promissory notes and guarantees, both in and out of bankruptcy, in addition to representing other lending institutions, including equipment leasing companies such as HPSC and CIT Group and national mortgage lenders such as EquiFirst Corporation and Performance Credit Corporation.
We have also defended bank clients from claims brought under the UCC, prosecuted an accounting malpractice case against a borrower’s CPA after a routine audit uncovered irregularities in the borrower’s balance sheet, prosecuted fraud claims against a borrower who fabricated the collateral used as security for the loans and defended a federal credit union against putative class action claims arising out of the collection of defaulted car loans.