Financial Services Industry Team

Butzel Long lawyers have extensive experience in sophisticated finance transactions and have counseled both borrowers and lenders in hundreds of commercial lending situations. These attorneys have in-depth experience with virtually every form of financing and type of collateral, and have worked with insurance companies, pension funds, domestic and foreign banks, venture capitalists and BIDCOs in structuring transactions. In addition, the Group has represented clients in numerous bond transactions in which bonds were issued by public bodies, including hospital, housing and sewer bonds.

We have been involved in the organization of banks and bank holding companies and we provide a full range of required legal services, including advice on regulatory matters.

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  • Representation of court-appointed official committee of equity security holders in bankruptcy proceedings
  • Successful prosecution of shareholders' derivative action against directors and officers of closely held corporation arising out of claims of corporate waste, fraud and mismanagement
  • Assisted venture capital firm with Series A Preferred Stock investment in new start-up company together with organizational work
  • ERISA action; obtain summary judgment in Federal Court
  • Financial lending for development of Bloomfield Park
  • Representation of foreign bank with more than $150 million in claims against Lehman Brothers
  • Successfully closed a complex, $50 million private equity financing including a reincorporation merger and a myriad of difficult pre-closing transactions
  • Represented major bank in claim against another major bank for breach of acquisition agreement
  • Represented a foreign bank as a secured party in the Chapter 11 case of an automotive machining parts supplier
  • Representation of broker-dealer in connection with arbitration concerning claims brought by former member.
  • Represented close corporation and majority shareholder against breach of contract, conversion and dissolution claims brought by alleged minority shareholder.
  • Represented major bank in defendant claims by beneficiary of a $3.5 million letter of credit
  • Representation of calling card company in adversary proceeding arising out of WorldCom bankruptcy proceedings
  • Successfully defeated claims by a major NYSE firm in a New York Stock Exchange arbitration in connection with a broker dealer's settlement of customer claims
  • Obtained a declination of prosecution for an accounting officer of an international automotive supplier after investigation by the DOJ and the SEC
  • Represented large purchaser of a complex equity derivative investment in claims implicating regulatory issues under both federal securities and commodities laws.
  • Secured permanent and preliminary injunctive relief in trade secret and non-compete matters for national CPA and business advisory firm
  • Representation of global investment bank as creditor in significant bankruptcy proceeding arising out of 1994 collapse of derivatives market
  • Dismissal of a breach of contract/ Whistleblower claim
  • Representation of numerous employers in actions involving "corporate raiding" of executives in financial services and other industries
  • Represented and advised a hedge fund with respect to rights and obligations pursuant to a credit facility agreement with a major financial institution.
  • Successful representation of several significant foreign investor groups against global bank selling equity derivatives and swap products
  • Representation of foreign investment funds in litigation against hedge fund’s auditors and administrators.
  • Represented and advised a hedge fund in connection with potential litigation risk arising from the alleged representations by fund managers regarding fund's asset and mortgage back securities.
  • Review and analyze environmental due diligence reports, and purchase agreements on behalf of buyers, sellers, and lenders, and advise as to potential environmental liability and available protections.
  • Defended investment banker in claims by former firm for purported liability under promissory notes and seeking to recover the value of certain deals and production introduced to the firm on contract and unjust enrichment theories
  • Successful representation of significant purchaser of complex equity derivatives product in claims against a major global investment bank
  • Product liability and general corporate advice to OEM manufacturer
  • Enforced finance company's trademark rights against infringer
  • Successfully defended UCC rights of a Bank
  • Defended prominent hedge funds in 18 related federal and state litigations, as well as NASD and AAA arbitrations, arising out of criminal conduct of the clients' portfolio manager that resulted in the liquidation of the funds.
  • Secured dismissal of all claims asserted against electronic trading platform of major U.S. bank in federal court litigation arising out of arbitrage of ADRs and underlying securities sold on foreign stock exchange
  • Ponzi Schemes: Representation of Broker Dealers/Investment Advisors
  • Section 401 (k) Plans
  • Represented credit union in sale of contaminated property and cost recovery against Texaco
  • Representation of hedge fund in connection with litigation arising out of former employee’s claim to be an equity owner.
  • Organization of hedge funds and private placement of hedge fund LLC interests.
  • Represented individual bondholders against the Republic of Argentina and the Province of Buenos Aires