COMMERCIAL LENDING AUDIT

Our Commercial Lending Practice Group encourages each business and person engaging in business to periodically and systematically review their current loan documents to make sure that they are receiving, or have received, the best loan terms presently being offered in the marketplace. The importance of such a review is that many lending institutions will modify existing loan documents, even before the maturity date, in order to retain the borrower as a customer of the lending institution. Therefore, each borrower has the opportunity to capitalize on favorable lending terms as they develop in the marketplace. Our Commercial Lending Audit Program is focused on reviewing the existing loan documents of our clients and prospective clients in order to determine whether those clients have negotiated the best terms and conditions of each loan transaction. Our commercial lending attorneys have extensive experience in representing both lenders and borrowers in structuring and documenting a full range of lending transactions, including conventional mortgages and complex or "hybrid" debt devices such as participating in convertible mortgages, loans incorporating interest rate swaps and other hedging devices, participations, intercreditor and co-lender transactions, letter of credit and other credit enhancement financing of residential and commercial mortgage products. Our attorneys can also advise workout strategies for any problem loans, including reviewing, analyzing and restructuring loan documents, and planning and evaluating available legal strategies and remedies to the individual or company during economic downturns. We can also provide recommendations about additional collateral opportunities, loan restructuring and other workout agreements.

Fee arrangements are subject to discussion. Normally, we recommend a phased approach where we would charge a small fixed fee for reviewing your existing loan documents to insure that you have the best possible economic deal available in the area given the specific circumstances of the loan transaction. We would also visit with your management and owners to gain an understanding of your business and to discuss your specific economic needs and concerns. After the loan document review and visit, we will provide a written report assessing your current loan terms and conditions and provide recommendations for improving or amending any of the existing loan documents, in addition to providing strategic advice as to achieving any new economic goals which may be apparent. If you would want the Commercial Lending Practice Group to provide further services, we would discuss our fees for subsequent phases of representation, which would depend upon the scope of the opportunities and nature of the work required.

For further information, please contact: Jim Groner, Jamie Ryan, Yvette Cox or Tony Sugar