Dalton and Tomich white logo
Dalton and Tomich white logo

Business Law Attorneys for

Banking and Financial Institutions

Practical and actionable advice rooted in a deep understanding of your business.

The business law attorneys of Dalton & Tomich have over eighty years of collective experience successfully representing banks, credit unions, mortgage companies, individual creditors, court-appointed receivers, and bankruptcy trustees in a wide range of transactions and litigation. The Banking and Financial Institutions team is prepared to offer you extraordinary and timely legal advice on a wide range of topics, including:

FREE GUIDE: When Your Lawyer has a Conflict of Interest

Explore boutique firm advantages when BigLaw is conflicted out.
Download the FREE Guide

Commercial Loan Transactions

  • Document Review
  • Loan Origination
  • Risk Assessment
  • Loan Closing
  • Lien Perfection

Regulatory Advice

Compliance with state and federal regulations, including:

  • FDCPA
  • FCRA
  • ECOA
  • TILA

Defensive Litigation

Financial institutions occasionally face complaints or counterclaims that require a strong defense. Our defensive litigation experience in and out of the courtroom on behalf of similar institutions allows us to provide extraordinary representation to defend against lender liability, consumer protection, lien priority, and other claims.

Enforcement Litigation

Even the most conservative lenders encounter borrowers who fail to comply with contracts, whether payment defaults, breaches of covenants, or other material terms. Our collections litigation experience enables us to obtain recovery effectively and efficiently through the following:

  • Pre-suit demand
  • All stages of litigation, including:
  • Complaints
  • Discovery
  • Motion Practice
  • Trials
  • Judgments
  • Appeals
  • Judgment enforcement

Loan workouts

Many loan defaults can be worked out prior to or during litigation. Our attorneys have extensive experience partnering with special assets groups in successful negotiations, forbearance agreements, and change-in-terms agreements.

Foreclosures

Our team has the expertise to efficiently and effectively service defaults involving real property collateral, including:

  • Judicial and Non-Judicial Foreclosures
  • Commercial and Residential Real Property

Creditor bankruptcy

Our experience representing creditors, debtors, and trustees in all stages of bankruptcy, adversary proceedings, and contested matters enables us to maximize your options and potential recovery from debtors who owe you money. 

From the Blog

Looking Ahead: Smart Partnership Planning for Creative Agency Owners

The recent layoffs at McCann Relationship LLC in Detroit, where over 120 advertising professionals were reportedly affected following GM’s advertising budget reallocation, highlight an important reality in the creative industry:…
Read More

Why and How to Dissolve Your Inactive Michigan LLC

Many entrepreneurs love launching multiple ventures. However, juggling several businesses also means increased administrative tasks, divided attention, and more complex tax and compliance obligations. To protect themselves, business owners typically…
Read More

Regulators Finalize New Bank Merger Rules

Six months ago, we wrote about a notice of proposed rulemaking from the Office of the Comptroller of the Currency (OCC) and a statement of policy from the Federal Deposit…
Read More

The Next Chapter: Succession Strategies for Michigan's Family Businesses

As a family-owned business grows under the leadership of its founder, a question arises sooner or later that often gets neglected: “What happens next?” The recent public dispute within Rupert…
Read More

What To Know About the New Michigan Paid Sick Leave and Minimum...

One of the most important aspects of running a small business is having employees who show up consistently. In theory it sounds simple, but if you talk to any business…
Read More

Surviving Supreme Court Challenge, CFPB Keeps Expanding its Reach

Earned Wage Access. Mortgage Servicing. Small Business Lending. Chatbots. Land Contracts. These are but a few of the topics on which a zealous CFPB has an opinion.  The Consumer Financial…
Read More

"No money, no business," and other lessons from the Great Lakes Lenders...

I spent three days last week at the Great Lakes Lenders Conference in a small college town in central Ohio. My family and friends asked if I needed an intervention…
Read More

A Big Year for Bankruptcy at the Supreme Court

The Supreme Court term that ended just three weeks ago was one of the most consequential terms in recent years. I’ve previously written about a significant decision in the financial…
Read More

Contract Enforceability: An Overview

Every business begins with an idea. This idea leads to more ideas and these ideas translate into the actual business. But, before a business can begin, typically, businesses like to…
Read More

Legal and Legislative Updates on the Corporate Transparency Act and Overtime Exemption...

Michigan business owners have been closely following two significant federal developments that came into effect this year: the Corporate Transparency Act (“CTA”) and the U.S. Department of Labor’s (“DOL”) final…
Read More
Read More Posts
Dalton and Tomich white logo

Problem Solvers for Religious and Nonprofit Organizations, Property Owners, and Businesses.

Facebook-f Linkedin-in Twitter Youtube

Services

Quick Links

Connect with us

Do you have a question? We would love to hear from you. Click the button below and we’ll get in touch with you shortly.

Contact Us
Dalton and Tomich white logo
Facebook-f Linkedin-in Twitter Youtube

Business Law

Church Property Disputes and Denominational Splits

RLUIPA, Religious Land Use and Zoning

Land Use

Nonprofit

Attorney Advertising Disclaimer

Please note that this website may be considered attorney advertising in some states. Prior results described on this site do not guarantee similar outcomes in future cases or transactions.

Having worked with Zana for 10 years, I can attest to her professionalism, her pragmatism, and most importantly, her integrity. I always get sound, thoughtful advice and guidance. From routine filings & updates to the highly unexpected, Zana’s there to help, always responding quickly and with care.
Drew PatrickOwner & President, Skidmore Studio
We highly recommend Dalton & Tomich! As a start-up firm that has rapidly grown across the country in under 5 years, Dalton & Tomich has been integral to our sound, credible, and excellent in standard infrastructure. As we’ve scaled, Zana has been right by our side to offer counsel, advise, and ensure we are operating with the utmost legal standard. We have become a model for sound legal operations (in addition to our firm’s actual mission), with clients coming to us for advice on the legal operations front. Dalton & Tomich is part of our organizational infrastructure and we constantly refer our clients to them.
Chanel HamptonFounder & CEO, Strategic Community Partners
As a professional photographer in the wedding industry, reliable communication is very important to me. Noel was very knowledgeable and quick to respond to all of my questions and not just that, he also gave me suggestions when reviewing and updating my contract. The entire process was seamless and he took the time to explain all the details afterwards. I would highly recommend Noel for all your legal matters! Great experience!
Luis HermosilloProfessional Photographer, Northern Illinois
Zana’s expert guidance has helped us to move forward with clarity and confidence in our business endeavors. She helped us create a new business entity, and a few years later to navigate a tricky buyout—all with a clear path forward for business growth. Her calm demeanor and sound advice is also much appreciated when smaller office issues arise.
Meredith SimpsonPrincipal, Group eX
Noel’s guidance was much appreciated when redrafting my client contract. He was very professional, respectful of my time and potential costs, and was sincere with his advice. I trusted that he had the highest good for my business in mind. I will seek out his legal knowledge/counsel in the future for sure.
Morgan FedroHealth Coach, WellTours LLC, Oak Forest, IL
Zana’s expertise in employee law has helped us refine and build a stronger operations and hiring strategy at my company. As a business owner of a small and fast growing company, I very much appreciate Zana’s ability to always step into any situation quickly and guide us to navigate effectively.
Amanda LewanCo-Founder & CEO, Bamboo Detroit
Previous
Next