• The firm serves as counsel to a consortium of financial institutions and with associate counsel Bill Custer and Jen Dempsey of the Bryan Cave Firm, after a lengthy arbitration proceeding in Phoenix, AZ, received an award against the guarantors in an amount in excess of $43,600,000.00.

• The firm completed the acquisition, from an assignee of the FDIC for New South Federal Savings Bank, of lead lender servicing rights for a large group of existing participants in a $27,000,000.00 real estate development in Las Vegas.The firm closed the sale of the assets to a national homebuilder in April 2012. Robert P. Reynolds and Gilbert C. Steindorff, IV served as counsel to the loan participants.

• The firm has been engaged by multiple lender groups to resolve loans related to Reynolds Plantation in Greensboro, Georgia.

• The firm recently completed the successful restructure of $18,000,000.00 in multiple participation loans for a subdivision in east Montgomery County, Alabama.

• The firm recently completed the successful acquisition of $63,875,000.00 in hotel and condominium participation loans from the FDIC as Receiver for Silverton Bank. Robert P. Reynolds and Gilbert C. Steindorff, IV served as counsel to the loan participants.

• The firm recently completed the successful acquisition of servicing rights in a $104,000,000.00 multi state commercial real estate loan from the FDIC as Receiver for Silverton Bank. Robert P. Reynolds and Gilbert C. Steindorff, IV served as counsel to a consortium of loan participants.

• The firm was recently engaged by steering committees of participant lenders to restructure a large number of commercial real estate loans in the Atlanta, Georgia area. The firm is currently assisting participation lender groups in resolving problem loans in excess of 800 million dollars.

• The firm, on behalf of the loan participants, recently resolved a dispute with the lead lender in a South Florida residential real estate transaction resulting in a multi-million dollar recovery for the clients. Robert P. Reynolds served as counsel to the participants.

• The firm recently completed the successful restructure of a $35,000,000.00 residential and commercial condominium loan. Robert P. Reynolds served as counsel to the lender group.

PROFESSIONAL AND CIVIC NEWS

• Robert P. Reynolds was a featured speaker at the 2011 Georgia Business Law Institute and presented a program on issues relating to failed banks, acquiring assets from the FDIC and participation loan problems relating to the FDIC.  The Georgia Business Law Institute celebrated its 30^th year of service to Georgia business lawyers.

• Justin B. Little was named a 2011 Alabama Super Lawyer “Rising Star” in the area of Bankruptcy and Creditor/Debtor Rights and Banking Law.

• Justin B. Little spoke on the effect of Bankruptcy on title to real property at Central Alabama Title Centers Title Topix 2011 Seminar.

• Robert P. Reynolds was once again named an Alabama Super Lawyer in the area of Bankruptcy and Creditors Rights for the fifth consecutive year.

• Robert P. Reynolds will again serve as a moderator and speaker at the American Bankruptcy Institute’s 17th Annual Southern Bankruptcy Workshop. He is the incoming co-chair of the Advisory Board.

• Robert P. Reynolds will again, teach Bankruptcy, Arbitration, and Banking Law at the 2011 Alabama Banking School, where he has served as a faculty member for more than 16 years.

• Gilbert C. Steindorff, IV was named a 2010 Alabama Super Lawyer “Rising Star” in the area of Banking Law.

• Robert P. Reynolds appeared as a guest on the commercial real estate show to discuss lenders strategies.  To listen Robert’s commercial log on to http://www.commercialrealestateshow.com/bankstrategies022212.html

• Robert P. Reynolds will complete his 14th year on the faculty of the Graduate School of Banking at Louisiana State University.

• Justin B. Little and Gilbert C. Steindorff, IV recently presented a Problem Loan Workout Seminar for the Alabama Bankers Association.

• Robert P. Reynolds is serving his 2nd term as a member of the City of Tuscaloosa Planning Commission.

• Justin B. Little has been named to the Board of Directors for the Alabama Leadership Bankers.

• Justin B. Little has been named to the Board of Directors for 2011-2013 Tuscaloosa Exchange Club.