Maine Commercial Lending Handbook

by Christopher J. Devlin, Esq. and Mark K. Googins, Esq.        Published July 2011

 

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Book: perfect bound paperback

Copyright: 2011

ISBN-13: 978098239154

Number of pages: 458

Published: July 2011

 

 

 

 

   
Book Description:  

This book is designed to serve as a practical guide to conducting a commercial loan closing in the State of Maine. It is written for the reader that is more interested in competently completing a commercial loan closing than in acquiring a deep knowledge of the legal theory underlying these transactions. This is more of a "how-to" book than a treatise. There are, however, footnotes throughout the book that cite significant and relevant Maine cases. Thus, the seasoned or the out-of-state commercial lender or practitioner will find here a reference list of pertinent Maine authority, including identification of any unique features of Maine commercial law.

     
   

Click here to see SAMPLE PAGES

     
   
About the authors:  

Christopher J. Devlin, Esq. is Senior Counsel in the Investments Division of Unum Group in Portland, Maine, where he practices in the area of commercial real estate lending. Before joining Unum Group in 2005, Chris was a shareholder at a Portland, Maine law firm. He is a Fellow of the American College of Mortgage Attorneys and is a graduate of Vassar College and Boston College Law School.

 

Mark K. Googins, Esq. is a Partner in Verrill Dana’s Business Law Group who has concentrated his practice in areas of commercial finance and commercial transactions for the past 27 years. He counsels clients in mergers and acquisitions, in complex commercial negotiations, and in a wide variety of lending transactions, including equipment leasing, leveraged buyouts and sale-leasebacks. Mark is a native of Portland who graduated from Tufts University and New York University School of Law. Before joining Verrill Dana, Mark practiced at Milbank, Tweed, Hadley & McCloy in New York.

   
 
  Reviews and endorsements:

 

 
 

“Googins and Devlin have succeeded in writing the definitive guide to documenting and closing a commercial transaction in Maine. This volume should be at the core of any syllabus used to train commercial bankers. It should also be close at hand as a ready reference for any established commercial banker in the State.”

~ Raymond T. (Chip) Kelley, Sr. Vice President

Mgr – Commercial Banking, KeyBank, N.A., Portland, ME

“Googins and Devlin, two of Maine’s leading practitioners, have put together an exceptionally practical resource for lenders and their counsel. This book should quickly find a place on the bookshelves of bank lenders and underwriters, title attorneys, and anyone else who is regularly engaged in commercial lending in Maine. The book is not a scholarly treatise, notwithstanding the case citations and footnotes, but a thorough, readable, even enjoyable reference guide to commercial lending professionals.”

~ William E. Saufley, Sr. Vice President

Chief Risk Officer, Kennebunk Savings Bank, Kennebunk, ME

  

 “The myriad of laws and regulations that impact the modern law of commercial lending create a complex thicket for both lender and lender’s counsel. The Maine Commercial Lending Handbook is an invaluable guide through that thicket. The book is coauthored by Chris Devlin and Mark Googins, two of Maine’s most thoughtful and respected commercial lawyers, and it reflects their collective insight and attention to detail. The text is organized around a comprehensive checklist of lending categories along with a thorough discussion of the legal issues and drafting techniques appropriate for each area covered. While the book provides invaluable “how to do it” advice, it also includes a sophisticated level of analysis that goes way beyond the typical practitioner’s manual. In particular, the book’s treatment of those points of intersection between Maine’s Uniform Commercial Code and other Maine laws and regulations is extremely helpful and found nowhere else in the legal literature. The book will be very shortly become a reference standard for all of Maine’s transactional lawyers and their clients in the credit marketplace.”

 ~ Professor Thomas M. Ward, University of Maine School of Law, Portland, ME

Author of Intellectual Property in Commerce (West Group 9th rev. ed. 2009)


   
 

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