“The Devil Made Us Do It”
The authors of The Devil’s Dictionary are members of the Bankruptcy & Financial Restructuring and Loan Enforcement practices at Polsinelli, a national full-service law firm. The Devil’s Dictionary reflects the authors’ more than 100 years combined experience working in the forefront of real estate and commercial finance, loan enforcement, financial restructuring and litigation, and bankruptcy law.
The authors work within Polsinelli’s Financial Services Department, whose members have documented and closed over 2,000 commercial mortgages and other commercial loans that have generated more than $20 billion in principal amount nationwide. Their bankruptcy experience began before the Bankruptcy Code in 1978 was adopted, extends through the financial real estate crisis of the 1980s to the Great Recession of the early 2000’s, and into the real estate boom of the last decade.
They represent lenders and borrowers, financial institutions, and debtors and official committees of unsecured creditors, in bankruptcy courts throughout the U.S., on matters including:
- Remedy proceedings
- Enforcement and documentation at the loan origination stage
- Distressed Asset funds
- Forbearance agreements
- Discounted payoff agreements
- Loan sales and auctions
- Loan fraud
- Loan prepayment
- Operations and disposition of REO