Representing Financial Institutions

Business Law Attorneys Serving Banks, Lenders, and Credit Unions

The attorneys at Sosin, Arnold & Schoenbeck Ltd. adeptly represent all types of financial institutions, including banks, commercial finance companies, mortgage lenders, credit unions, and insurance companies. We understand the complex nature of the financial industry, and we have the knowledge and skills to assist with complicated legal matters including:

• Regulatory matters;
• Loan structuring and documentation;
• Employment matters;
• Entity governance;
• Loan workouts;
• Foreclosure; and
• Deposit account administration.

With our diverse background, which includes experience in real estate law and government law, our firm is fully equipped to help financial institutions with a variety of legal matters.

Financial Institutions as Businesses

At Sosin, Arnold & Schoenbeck Ltd., our accomplished lawyers understand that a financial institution shares many of the same concerns as any other business. That is why we are prepared to help with issues such as business entity selection, formation and management, employment considerations, contract drafting and review, and strategic planning.

Client-Focused Lawyers for Loans and Lending Issues

Our attorneys regularly assist financial institutions with drafting, documenting, negotiating, and closing loan transactions of all types, including:

• Loans for acquiring property, including real estate development and capital improvement projects;
• Construction loans for building new properties or renovating existing property;
• Permanent loans for office and industrial properties, multi-family residential properties, restaurants, and hotels;
• Secured lines of credit; and
• Financing for equipment using secured loans or leasing.

Loan Foreclosure, Restructuring, and Workouts

Addressing a loan in default often requires prompt and decisive action on the part of legal counsel. Our attorneys proudly represent lenders in the process of resolving loan issues, from negotiating work-out arrangements and deed-in-lieu transactions to prosecuting foreclosure and collection proceedings.

With more than 100 years of combined legal experience, our firm has earned a reputation as a firm of dependable attorneys who put our clients' needs first. We provide exceptional service to a diverse group of companies and businesses throughout Illinois. Contact Sosin, Arnold & Schoenbeck Ltd. at 708-448-8141 to learn how we can help you.