We Get Lenders

We take the time to listen and understand.

We Get Creditors

You get expertise in the law and in your industry.

We Get Lenders

We take the time to listen and understand.

We Get Creditors

You get expertise in the law and in your industry.

We Get Lenders

We take the time to listen and understand.

We Get Creditors

You get expertise in the law and in your industry.

Lenders Don't Just Need a Lawyer...

Banks and other lenders need counsel who understand their industry and add value. RMG attorneys have been providing legal services to lenders on a daily basis for almost 30 years, and understand what lenders need. We handle lenders' needs in an efficient, results-oriented fashion.

Our substantial experience allows us to provide legal guidance as part of a team effort to identify the optimal structure and strategy. No matter what the task, RMG professionals can cost-efficiently consult on and plan a deal structure, provide legal due diligence, and/or draft the necessary documentation, while at the same time minimizing risk. Our litigation attorneys understand how expensive and unproductive litigation can be. So when pending or potential litigation is involved, we will help you to devise a litigation strategy which, while protecting your rights, avoids unnecessary expenses, and brings results in as short a time period as is reasonably possible.

The Latest from the Knowledge Center...

A Rose By Any Other Name Might Not Smell As Sweet After All

May 18, 2017

A former U.S. President was widely ridiculed for saying that the answer to a question depended “on what your definition of ‘is’ is.”  In its April 27, 2017 decision in Under Armour, Inc. v. Ziger/Snead, LLC, the Maryland Court of Appeals demonstrated that the Executive Branch does not have a monopoly when it comes to…

Supreme Court Reverses Approval of Structured Dismissal That Violates Fundamental Bankruptcy Priority Distribution Scheme

March 23, 2017

In a May 2015 opinion, the United States Court of Appeals for the Third Circuit approved the “structured dismissal” of the Chapter 11 bankruptcy case of Jevic Holding Corporation.  In Jevic, the secured creditors paid $2 million into an account to be used to pay the attorneys’ fees of Jevic and the Official Committee of…

Ricketts v. Strange “Strange” How Simply Checking For a Bankruptcy Filing Can Provide a Complete Defense To a Lawsuit

March 16, 2017

Parties other than those who file for bankruptcy and discharge their obligations to creditors generally view a bankruptcy filing as a bad thing.  The filing of a bankruptcy case prevents creditors from foreclosing on collateral or suing to recover money owed to them and generally results in creditors being paid much less than they are…

Fourth Circuit Protects Rights of Residential Mortgage Lenders In Chapter 13 Bankruptcy Cases

March 1, 2017

When a borrower files a bankruptcy case, for almost all purposes, what would commonly regarded as a single claim secured by collateral is subject to being treated as two claims: a “secured claim” in the amount of the value of the collateral securing the claim and an “unsecured claim” in the amount of the difference…

The Perishable Agricultural Commodities Act: Whose Money Is This Anyway?

February 12, 2017

The Perishable Agricultural Commodities Act (“PACA”) has often produced unwelcome and unexpected results for parties unfamiliar with PACA.    Most often, the surprised parties are lenders who make what they think are secured loans to borrowers in the chain of distribution of produce who learn, when the borrowers experience financial problems, that their collateral is illusory. …

Fourth Circuit Holds That Deposits to Ordinary Bank Account Are Not Transfers That Can Be Avoided By Bankruptcy Trustees

January 6, 2017

Section 548 of the United States Bankruptcy Code provides that a trustee can recover transfers made by debtors with actual intent to hinder, delay, or defraud creditors during the two years period prior to the filing of the bankruptcy case from the recipients of the transfers.  The Code defines “transfer” broadly to include any “mode,…

Third Circuit Upholds Lender’s Right to Early Redemption Premium In Bankruptcy

December 5, 2016

On November 17, 2016, the United States Court of Appeals for the Third Circuit issued its opinion in In re: Energy Future Holdings Corp.  The Third Circuit reversed a ruling by the United States Bankruptcy Court for the District of Delaware that had been affirmed on appeal by the District Court that lenders were not…

Federal Appeals Court Declares the Structure of the Consumer Financial Protection Bureau Unconstitutional

October 4, 2016

The United States Court of Appeals for the District of Columbia overturned an administrative order requiring a mortgage company (PHH) to pay $109 million, and in the process declared that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional. [1] The administrative action against mortgage lender PHH arose out of an arrangement known…

Supreme Court Declines to Provide Clear Direction to Debt Buyers

July 15, 2016

On June 27, 2016, the United States Supreme Court denied a petition asking it to consider an appeal of the decision of the United States Court of Appeals for the Second Circuit in Madden v. Midland Funding, LLC. In Madden, the Second Circuit held that a consumer borrower might have a valid claim against a debt…

The Fourth Circuit Interprets Late Fee Provisions in Maryland’s CLEC Statute

July 10, 2016

Maryland’s Credit Grantor Closed End Credit Provisions (known as CLEC)[1] continue to confound the courts and credit providers and be the statute of choice for individual and class action plaintiffs’ lawyers. This opt-in statute for closed-end credit grantors was considered to be favorable to lenders when it was passed in the 1980’s. However, its popularity…