Each day I focus on being diligent, thorough, and responsive. I enjoy getting to know people, learning about new lines of business, and building relationships. My natural curiosity and ability to communicate effectively with others allow me to come up to speed quickly on matters and identify the primary real-world business concerns of clients and opponents – which may not necessarily always be the same as their legal concerns.
Stewart Spielman handles complex commercial loan workouts, restructurings, modifications, and enforcement matters. His clients include institutional lenders, nontraditional investors, and equity funds primarily in southeastern states, as well as in New York and Maryland. With wide-ranging experience in the credit arena, Stewart routinely negotiates forbearances, amendments, extensions, waivers, and recapitalizations of distressed commercial financing relationships secured by many types of collateral. He advises creditors on a variety of issues pertaining to their real estate loans, vessel loans, agented and syndicated loans, commercial and industrial loans, SBA/USDA-guaranteed loans, asset-based loans, and related products most often in the middle market. His practice also encompasses wholesale automotive and equipment floor plan financing. Stewart regularly works with his banking clients to develop, refine, and improve credit products, forms to support the same, and training modules to assist clients when implementing these products.
Stewart is certified as a Business Bankruptcy specialist by the American Board of Certification and by the Louisiana Board of Legal Specialization.
Stewart’s focus on the credit side of business gains him exposure to a wide variety of industries and companies, and he appreciates learning about the behind-the-scenes processes and challenges of operating a business. He strives to understand the concerns driving clients’ and borrowers’ decision-making, putting himself in their shoes in order to provide useful, efficient advice.
Stewart recognizes that clients usually don’t need a multi-page research memo; they sometimes just need a practical answer – and they need it fairly quickly. He values clear, direct, open, and honest conversations that help resolve problems. Stewart’s educational background in psychology informs his approach to negotiations and getting to know people and their actions and behaviors. Stewart believes that clients benefit from his ability to understand people and what motivates them, which enhances the likelihood of reaching a desirable outcome.