Financial Institutions Law
The attorneys in the Firm have vast experience in those areas of the law that affect financial institutions on a day to day basis including, but not limited to, the law relating to negotiable instruments (Articles 3 & 4 of the Uniform Commercial Code, Regulation CC, 12 C.F.R. 229.1, et seq., and “Check 21”), commercial lending and workout of commercial loans, foreclosure, debt collection, bankruptcy as it affects creditors and lender liability stemming from both commercial lending and operational issues. The Firm has represented and regularly represents financial institutions in New Jersey and in other jurisdictions acting with local counsel in cases where the issues involved are particularly within the experience and expertise of the Firm.
The Firm and its attorneys have been in the forefront in litigating matters involving the law of negotiable instruments and its attorneys have been involved in numerous published decisions that have helped advance the development of and clarified issues in this area of the law.
The Firm and its attorneys work closely with clients of the Firm and proactively interact with our clients to fully understand their particular needs and develop strategies to accomplish their goals, protect them from unnecessary risks and help them manage risks that are inherent to their business. We assist our clients in the effective management of their legal problems so that our clients can concentrate on running their operations.
The philosophy of the Firm with respect to litigation in which our clients find themselves involved is to develop a strategy for proceeding with the client at the earliest possible stages based upon an analysis of the merits of the case, the potential exposure weighed against the anticipated result and costs associated with obtaining that result and the long term effects of a potential published decision one way or the other. The major goals in proceeding in this manner are twofold. First, we try to achieve the best overall economic result in the case at hand. Second, working with the client, we try and use the experience gained in each matter to assist our clients in the long term management of risks associated with their business to the greatest degree possible by assessing that experience against existing practices and working with clients to make adjustments to improve their operations where warranted, i.e., assist clients to minimize negative history “repeating itself.”
Our clients receive prompt and personal attention from seasoned attorneys with long experience in litigation matters and the representation of financial institutions in these areas of the law. No matter is too large or too small. The Firm is committed, through its wide range of expertise and depth of experience, to providing exceptional legal services to financial institutions. The Firm is at the forefront of and keeps abreast of the latest developments and trends in the law affecting financial institutions and offers its clients updated information on current practices and requirements needed in this constantly evolving and often complex area of the law.