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About Thomas Egan

Thomas Egan

Thomas Egan is Of Counsel at L&G Law Group LLP. Mr. Egan’s practice at LLF is concentrated in corporate and transactional matters. He has been engaged in a wide variety of transaction during his thirty years of practicing law, including asset securitization transactions, mergers, stock and asset acquisitions, public and private offerings of securities (including IPOs), organizational restructurings, shareholder agreements, stock option programs, employment agreements, commercial leases of personal and real property, commercial real estate purchase and sale agreements, reviewing engineering and architecture agreements, and manufacturing and sales contracts. He has an emphasis representing lenders and borrowers in (i) loan transactions involving secured and unsecured, senior and subordinated and convertible debt, syndicated loans and for letters of credit for commercial transactions and municipal bonds, (ii) restructurings and transactional aspects of workouts, including forbearance agreements, deeds-in-lieu and note sales and (iii) equipment lease financings.

Articles by Thomas Egan

Incorporation by Reference in UCC-1 Filings

Incorporation by Reference in UCC-1 Filings

How Brevity in Financing Statements Can Lead to Insufficient Collateral Descriptions Our fast-paced society, coupled with the tendency for people to use shorthand in communications by emails and Twitter, influences everyone to look for ways to save time and be less verbose. When preparing and filing a UCC-1, however, brevity can be the filer’s enemy. […]

Best Practices for UCC-3 Terminations and Continuations

Careless UCC-3 Termination Filings Have Costly Consequences   Lenders and borrowers are focused on potential workouts and refinancing of loans due to the COVID-19 pandemic. As such, UCC-3 terminations and continuations will be thrust into the spotlight. Under Article 9 of the Uniform Commercial Code (“UCC”), a UCC-3 is defined as a filing used to make or […]