Workouts & Restructuring

Overview People in this Area

Minimizing Clients’ Liability with Preventative Measures

We have done successful workouts and restructuring on loans large and small.

Parsons Behle & Latimer’s attorneys work for financial institutions desiring to workout and restructure existing transactions. We always seek to eliminate further liability of clients’ financial institutions so that workouts and restructurings do not turn into litigation, as they frequently can. We do this through insisting on pre-workout agreements and forbearance agreements with waivers of claims. We have been successful in appellate courts in enforcing our waiver of claims agreements. We work to give borrowers time to restructure and to reduce exposure to the financial institutions.