Erich serves as the firm's President and Strategy Partner collaborating with each of the firm's practice group leaders to enhance practice management. In addition, he serves as the Atlanta Office Managing Partner while practicing in the firm's Creditors' Rights and Bankruptcy and Lending Practice Groups.
Erich has extensive experience representing companies, financial institutions, and other capital sources in debt restructurings, workouts, and forbearance agreements; the prosecution of receivership and other judicial actions to protect, preserve, and recover collateral; and Chapter 11 bankruptcy cases. Erich routinely represents the Chapter 11 asset purchasers in negotiating and structuring all stages of a 363 sale transaction from LOI through closing.
Erich has experience with the following kinds of lending/borrowing transactions: accounts receivable and inventory finance; cash flow finance; mezzanine finance; health care finance; equipment finance; letters of credit finance; real estate finance; loan syndications and participations; workouts, restructurings and forbearance arrangements; secured party sales; debtor-in-possession finance; and loan purchases and sales.
Erich also represents clients in the resolution of complex commercial issues, the restructuring of performing and distressed credit facilities and swap agreements, and the maximization of debt and collateral recovery. Erich also advises financial institutions on structuring intercreditor agreements.
Erich is a member of the Firm’s Electronic Transactions Group. He advises secured lenders, financial institutions, and other businesses in the structuring, interpretation, and enforcement of electronic contracts, smart contracts and related digital assets and rights.
Erich is also a member of the firm’s COVID-19 response team, with a focus on advising lenders, borrowers, and investors on the Paycheck Protection Program.