Stark firm pllc


Our clients benefit from our understanding of the thought processes of adverse parties and our ability to devise solutions acceptable to all parties in the field of structured finance and securitization, workouts and other asset resolutions. With that in mind, The Stark Firm, PLLC offers our clients extensive experience in dealings with C&I and commercial real estate loan defaults with a specific strong knowledge base in dealings with forbearance, Article 9 sales, foreclosure, transfers in lieu of foreclosure, auctions, special masters, receiverships, financial advisors, CROs, ABCs, complex loan modifications, discounted payoff negotiations, bankruptcy, construction and environmental issues and the prompt disposition of large quantities of OREO property. We encourage all our clients to be proactive in developing strategies that will maximize recoveries while managing risk and expenses.

A sampling of some of the work we perform in this area is as follows:

  • Restructuring of non-performing loans and loan pools secured by properties in multiple jurisdictions;
  • Foreclosures of complex operating properties and buildings under construction;
  • Article 9 sales of car dealerships;
  • Article 9 sales of dental and veterinarian practice assets;
  • Avoidance of lender liability claims and, where necessary, defense of them;
  • Receiverships and bankruptcy proceedings;
  • Special Master appointments;
  • Friendly auctions of market sensitive assets such as churches;
  • Auctions of real estate and all other types of assets;
  • Utilization of financial advisor or CROs when necessary;
  • Debtor in possession financings;
  • Advice in completing development and construction projects and resolving environmental issues;
  • Disposition of diverse types of pools of OREO property;
  • Restructuring of complex leases;
  • Liquidating properties diminished by subprime lending;
  • Failed apartment and condominium developments;
  • Dealings with HOAs and COAs;
  • Buying and selling assets for hedge and venture capital funds;
  • Setting up special purpose entities to buy, manage, and sell OREO property;
  • Seizure of rents from tenants;
  • Legal advice to lenders funding the completion of partially constructed projects;
  • Sales and disposition of collateral;
  • Note sales;
  • Assignment for the benefit of creditors proceedings;
  • Navigation around statute of limitation issues;
  • Addressing estate issues involving deceased guarantors;
  • Foreclosures of mezzanine debt collateral; and
  • International and domestic distressed debt trading, troubled loan resolution and bank turnarounds, workouts and restructurings.