Business Owner Saves Nearly $250,000 in Claim from Institutional Lender

Posted by Lydia M. Hilton on

An institutional lender took action against our client, a business owner, on a promissory note and loan guarantees. Faced with a very difficult situation, Berman Fink Van Horn was successful in defeating the a claim of almost $300,000 in attorney fees (a percentage of the debt) and instead limited the lender to recovering only its actual fees incurred, closer to $40,000. In the end, this saved the client close to $250,000.