Case Studies

Cognovit Judgment on 100 Residential Properties Across Several States

On behalf of Advantage Bank, we successfully obtained cognovit judgment against a borrower on loans collateralized by nearly 100 residential properties across several states. This involved the appointment of receiver, which stabilized the cash flow from operations. We also successfully defended the borrower’s attack on the validity of our client's mortgages in bankruptcy proceedings and subsequently handled the receiver’s sale of all real property collateral.

Oil + Gas Foreclosure Litigation and Resolution

Our firm recently resolved multi-million-dollar foreclosure litigation relating to real estate and mineral interests. These negotiations involved the resolution of an amount claimed due for an oil and gas development loan and a lien on oil and gas interests. The successful resolution included the creation of a new oil and gas lease, securitization documents and a work-out agreement.