Banking & Financial Attorneys

Representing financial institutions in the negotiation and documentation of loans and the pursuit of their remedies

From the original First National Bank of Midland and Midland National Bank to the leading banks in the Permian Basin today, West Texas financial institutions and the families and firms who founded them have engaged our firm to represent them in the negotiation and documentation of loans, working out credit relationships following declines in performance, and foreclosures of collateral positions in those relationships beyond remedy. With expertise in both energy lending and real estate finance, the firm is uniquely positioned to advise banking clients of current business needs in all economic climates.

LC&A’s attorneys provide expert counsel to financial industry clients as they negotiate loan and settlement terms, leveraging our deep financial expertise and a thorough understanding of the oil and gas industry and the economic climate of the Permian Basin to negotiate loan terms, document those terms appropriately, memorialize and perfect collateral positions, and pursue our clients’ remedies upon the occurrence of events of default.

We ensure that our banking clients are protected when they advance funds, and help them recover debts when borrowers fail to repay the amounts due.

How we can help

Consulting with lending and credit officers regarding day-to-day banking issues
Conferring with lending officers in the negotiation of loan terms
Consulting with credit officers regarding the documentation and terms of loans
Drafting all forms and levels of loan documentation for loans in amounts ranging from six to nine figures
Consulting with lending and credit officers regarding the scope of loan documentation and descriptions of collateral

Negotiating with borrowers’ counsel regarding terms, documentation, and collateralization of loans
Ensuring the recording and perfection of liens against, and security interests in, all forms of collateral
Handling post-closing issues regarding additional documentation and collateralization, including those arising from extensions and renewals of indebtedness, redeterminations of borrowing bases, and increases and decreases of lines of credit

Consulting with lending and credit officers regarding the occurrence of events of default and terms of workout
Negotiating with borrowers’ counsel in order to workout delinquencies and defaults
Initiating judicial and nonjudicial foreclosure proceedings and sales of collateral
Pursuing litigation arising from events of default