Banking & Creditor Rights

Maner Crumly Chambliss LLP represents banks and financial institutions with respect to everything from transactional workouts of maturing credits and non-performing loans, to enforcement litigation, to foreclosures, to bankruptcy reorganizations and liquidations. The firm’s creditors’ rights attorneys represented lenders during the real estate recession of the early 1990’s. Representation extends to senior lenders, subordinate lenders and loan participants over a variety of product types, including build-to suit, retail, office, hotel and multifamily projects.

Sam Chambliss leads the workout group at Maner Crumly, where the overall approach to loan workouts is “business oriented” because the legal response should conform to a client’s common-sense business considerations. The firm advises the client and strategizes as to the need, viability, enforceability and desirability of pre-negotiation letters, loan modifications, forbearance agreements, deeds in lieu of foreclosure and repurchase options.

Jonathan Crumly leads the litigation group at the firm, where he advises on the enforceability of notes, guaranties, security deeds and other loan documents, as well as implications of inter-creditor agreements. If litigation, arbitration or other enforcement remedy is advised, Maner Crumly is prepared to handle it.

Richard Maner is the partner responsible for handling property foreclosures on behalf of banks and other lenders, as well as advising clients concerning property owners, debtors and guarantors that seek relief under federal and state bankruptcy and insolvency laws. Collectively, Maner Crumly partners help evaluate maturing loan credits and non-performing loan portfolios in order to strategize creatively with banks to determine the most effective, efficient means of becoming FDIC compliant.