Burr & Forman's commitment to the changing needs of lenders and creditors is evidenced by its substantial Creditors' Rights and Bankruptcy practice.
Burr has nearly 50 attorneys concentrating in this area of law, making the firm one of the largest bankruptcy practice groups in the Southeast. This allows individual attorneys the ability to focus on narrow specialties. Our team of attorneys are continuously listed as leading practitioners in Bankruptcy/Restructuring by the highly regarded Chambers USA in addition to the firm being ranked in Alabama, Florida and Georgia.
Lender liability law recognizes that, in certain circumstances, financial institutions can be liable if they do not treat their borrowers fairly. This can occur not only in relation to mortgages and foreclosure actions, but also with respect to fraudulent or negligent lending practices, or when a financial institution acts in a manner that deepens the insolvency of its borrower to the detriment of other creditors. When this occurs, lenders may be found liable under a variety of theories including breach of contract, bad faith, breach of fiduciary duties, misrepresentation, and possibly fraud.