Banking and Finance

Pennsylvania Banking Law and Municipal Finance

At the law firm of Reilly, Wolfson, Sheffey, Schrum and Lundberg, LLP, we represent banks, other financial institutions, municipal authorities, private lenders, and borrowers on a wide range of loan documentation and regulatory matters. For additional information about the scope of our client service in secured financing and other banking issues, contact an attorney at our law firm in Lebanon or Myerstown.

We serve as counsel to a number of local financial institutions on such issues as the following:

• Negotiation and documentation of loan agreements, letters of credit, security instruments, pledges, and guaranties
• Advice about corporate governance issues, including compliance with regulations concerning board meetings, special meetings, and annual meetings
• Representation before the Pennsylvania Banking Commission in charter amendments, major capital restructuring, mergers, and regulatory enforcement proceedings
• Protection and enforcement of the lender's interest in workout, foreclosure, repossession, and bankruptcy cases

Our attorneys serve many of the same functions on behalf of private lenders in situations such as the sale of family businesses, private inventory financing, or the purchase and sale of stock in closely held corporations. Our knowledge of the law of secured financing, including perfection of the lender's interest in collateral of all kinds, can help you avoid expensive mistakes if any party defaults in the performance of your transaction.

We also represent business and agricultural borrowers in the negotiation and review of complex loan agreements, the renegotiation of current debt and security instruments, and the legitimate protection of assets subject to foreclosure through the substitution of collateral, bankruptcy, or otherwise. Our understanding of banking law and municipal finance can also help business borrowers identify sources of debt financing through Industrial Revenue Bonds issued under the authority of economic development agencies and other private-public arrangements.

For dependable and comprehensive advice about any problem involving banking law, secured financing, or the regulation of financial institutions, contact a lawyer at Reilly, Wolfson, Sheffey, Schrum and Lundberg, LLP.

Our Banking Law Attorneys: Frederick S. Wolfson, Paul A. Lundberg, Paul C. Bametzreider, Michelle R. Calvert