Banks and Financial Institutions

Since 1988, Spotts Fain has been providing counsel and representation to institutional and private lenders and parties interested in providing and raising capital. In so doing, the firm has brought to bear the significant experience and business judgment of its attorneys, to help clients navigate the challenging and ever-changing marketplace.

Our financial services clients range from large-scale syndicators of loans secured by real-estate and start-up companies trying to obtain the necessary capital to grow their business, to community banks, serving all of the financial needs of small to mid-sized companies in Central Virginia. We also represent fund managers, managing assets throughout the United States.

In order to best serve the varied needs of our financial services clients, Spotts Fain draws upon the knowledge of lawyers in all sections of the firm, whether it is the Business and Commercial Real Estate sections assisting with loan origination, entity formation and management, or raising venture capital, or the Creditors' Rights and Litigation sections helping clients recover fully on troubled loans. With the firm's breadth of experience, we are able to form client-specific and matter-specific teams to address a client's issues in the most efficient manner. In the end, it is our dedication to the success of our clients upon which our reputation is based.

Transactional services

  • Lender representation
  • Loan negotiation and documentation
  • General corporate law including contracts, real estate transactions and leases
  • Closings, refinances and restructuring including conventional financing, SBA and HUD Loans
  • Construction financing, including institutional and private market funding

Creditors Rights, Bankruptcy, and Insolvency services

  • Workouts and reorganizations
  • Commercial creditor bankruptcy legal services
  • Representation of unsecured creditors
  • Representation of chapter 7 trustees
  • Foreclosure representation 

Representative Matters

  • Assisted numerous regional and community banks with workouts of multi-million dollar underperforming or non-performing loans
  • Represented lenders and borrowers in acquisition and development loans, construction loans and syndicated credit line facilities
  • Representing local, national and international financial institutions in asset based and bond finance transactions
  • Representation of hedge funds and private-equity funds
  • Lender counsel on multi-million dollar refinance transaction of a sporting and entertainment facility
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