Represented Regional Bank in Workout and Liquidation of Loan to Collection Agency

Represented a regional bank in a workout and liquidation of a loan to a collection agency. Representation included formal liquidation of fraudulent accounts receivable and other collateral, negotiation of customer agreements to avoid FTC liability, and bringing suit against a major insurance company under a bond relative to the fraudulent receivables, resulting in a significant settlement for our client.  In addition, we pursued the individual guarantors.