Commercial Loan Documentation

Commercial Loan Documentation

O'Reilly Rancilio's Michigan business attorneys represent a vast number of commercial banks, credit unions, financial institutions, private equity entities, and other creditors who lend capital to businesses and individuals for commercial and residential purposes. Our office also represents borrowers who are seeking a loan for either commercial or residential purposes.

We review, negotiate and draft the loan documents related to such loans, including, but not limited to, loan agreements, promissory notes, security agreements, mortgages, guaranties, and participation agreements. We also deal with other issues relating to commercial loan documentation.

Our Latest News & Articles

Six O'Reilly Rancilio Attorneys Named to Peer-Selected Super Lawyers List for 2024

Six O’Reilly Rancilio attorneys have made the peer-selected Super Lawyers lists. Each year, no more than five percent of the lawyers in Michigan are selected by the research team at Super Lawyers to receive this honor. Nearly 50,000 attorneys a… Read More

FTC Ban on Non-Compete Agreements Set Aside Nationally

The Federal Trade Commission’s (FTC) “Final Rule”, which would have banned certain non-compete agreements beginning on September 4, 2024, has been indefinitely set aside. On August 20, 2024, the U.S. District Court for the Northern District of… Read More

The Corporate Transparency Act to Continue In Full-Effect as the End of 2024 Nears

As we approach the end of 2024, the deadline for nearly 32 million companies to comply with their reporting obligations under the Corporate Transparency Act (CTA) is right around the corner. As we first reported at the beginning of this year, the CTA… Read More

Lori K. Smith joins Board of Directors

Lori K. Smith, a resident of Macomb County, has joined the Board of Directors at O’Reilly Rancilio. Ms. Smith joined O’Reilly Rancilio on April 1, 2022 and focuses her practice on Family Law. After graduating from Utica High School, Smith earned… Read More

Alyssa Ericson Named Firm Shareholder

The Firm is pleased to announce that Alyssa M. Ericson has been named a Shareholder of the Firm. Alyssa has been with the Firm since 2019 and concentrates her practice in the areas of general civil litigation, municipal litigation, ordinance and misd… Read More

Before Naming A Successor Trustee, Make Sure to Get Consent

One of the most important decisions when drafting a trust is deciding who will serve as the successor trustee, which is the person or institution who takes over management of the trust when the trustor (the creator of the trust) has died or has becom… Read More

Is the Federal Government One Step Closer to Rescheduling Cannabis?

Last year, the U.S. Department of Health and Human Services (HHS) submitted a report to the Drug Enforcement Agency (DEA) advising the federal government to reschedule marijuana as a Schedule III substance under the Controlled Substances Act (CSA). T… Read More

What is the DOL's Final Rule Regarding Independent Contractors?

The U.S. Department of Labor (DOL) recently announced a final rule to help employers properly classify workers as either independent contractors or employees under the Fair Labor Standards Act (FLSA). The rule, which went into effect on March 11, 202… Read More

What Can Small Business Owners Learn About AI from the TikTok and Universal Music Group Dispute?

TikTok’s high-profile contract dispute with Universal Music Group (UMG) highlights how the use of Artificial Intelligence (AI) is impacting the business community. What can small business owners learn about AI from the dispute? With its vast databa… Read More

What is a Cottage Succession Plan?

Estate Planning: Cottage Succession Plans According to Travel & Leisure, Michigan ranks as one of the top states to own a vacation home. While many families have undoubtedly made memories along the fresh-water shores and wooded trails, what happe… Read More

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