riemerlawrealestate.com

Mark S. Scott

Mark S. Scott
Partner / Banking & Finance
Boston Office
617-880-3452
617-692-3452 fax
mscott@riemerlaw.com

Mark represents commercial and institutional lenders in real estate and asset-based loans. His practice concentrates on creditors' rights, loan restructuring, and loan workouts. Mark has extensive experience in handling complex, distressed loans. His practice includes analyzing and identifying loan documentation and collateral issues, drafting and negotiating forbearance agreements and loan modifications agreements, dealing with interest rate swap agreements and other derivative issues, and liquidating collateral by public auction foreclosure sales and Article 9 secured party's sales.

Representative Transactions

  • Representation of New York lender in connection with foreclosure sale of commercial property located in Cambridge, Massachusetts securing a $100 million loan
  • Representation of German lender in successful foreclosure sale of former Polaroid campus in Waltham, Massachusetts
  • Representation of California lender as mortgagee-in-possession and in subsequent foreclosure of 53 unit, completed condominium development in Boston, Massachusetts
  • Representation of local lending institution in foreclosure sale of 100 lot subdivision in Western Massachusetts
  • Loan purchase, workout, and foreclosure of 78 lot subdivision in Worcester County for private lender
  • Representation of national lender in the non-recourse sale of $35 million loan secured by inventory
  • Conducted secured party's sale of car dealership in Whitman, Massachusetts
  • Representation of national lender in connection with workout of $33 million loan, including public auction foreclosure sale of two warehouses
  • Representation of local bank in bankruptcy proceeding of condominium development located in Stoughton, Massachusetts

Affiliations

Massachusetts Bar Association
New York State Bar Association
Turnaround Management Association

Admissions

Commonwealth of Massachusetts
U.S. District Court, District of Massachusetts
State of New York
U.S. District Court, Southern District of New York

Education

The Catholic University of America, J.D., cum laude, 1995
The College of William and Mary, B.A., 1990