The New Jersey Law Journal's October 22, 2025 article highlighted Riker Danzig's banking and financial services practice in a Q&A featuring Managing Partner Michael P. O'Mullan, Firm Co-Chair A.J. Borrelli, and Partner Michael R. O'Donnell.
The team discussed how economic uncertainty in 2024 significantly impacted commercial lending, as inflationary pressures increased financial strain on borrowers in real estate development. This created greater demand for loan restructuring and workout services, where the firm's expertise has been a key competitive advantage.
When asked about the key to success, the group emphasized comprehensive cross-disciplinary expertise. "A robust banking practice requires integrated capabilities across multiple specialized areas: seasoned banking litigators to handle disputes and defaults; a sophisticated bankruptcy team to navigate complex insolvency proceedings; an experienced real estate practice to manage transactions ranging from loan portfolios and workout agreements to branch divestitures; regulatory counsel with deep knowledge of consumer protection laws and federal and state compliance requirements; and environmental law attorneys to address contamination and remediation issues," they noted.
The team identified two major trends: escalating cyber threats requiring enhanced fraud identification and employee training, and the permanent shift toward remote work altering commercial real estate demand, potentially creating stress in lending portfolios.
For the full article, see NJLJ.
