Rachel L. Wolock

• Michigan Super Lawyers®
  • "Rising Star," Banking, 2012-2017
• Chambers USA: America's Leading Lawyers for Business
  • "Recognized Practitioner,"
  • "Banking and Finance"

Counsel to lenders in a wide range of loan transactions including asset-based credit facilities, single-bank middle-market credit facilities, syndicated credit facilities, participations, and intercreditor agreements, with an emphasis on automotive lending and automotive distressed situations.

Counsel to lenders in workouts, loan modifications, loan sales, deeds-in-lieu of foreclosure, and foreclosures of real estate secured loans, including negotiating forbearance agreements, disposition of collateral pursuant to Article 9 of the Uniform Commercial Code, orderly wind-downs, and representation in bankruptcy court proceedings. 

Ms. Wolock regularly represents lenders in loan origination and workout matters in a range of industries, including automotive, food, retail, transportation and logistics, golf courses, and petroleum and gas stations. Ms. Wolock has experience with transactions involving Ex-Im Bank working capital guarantees, foreign credit insurance, and Michigan State Small Business Credit Initiative programs.

• Speaker, “The Return of the Workout: Workouts from the Lender’s Perspective,” Webinar, June 2020
• Co-Author, "Managing Uncertainty Through Financial Crisis Requires Proactive Guidance," Dickinson Wright Client Alert, March 2020 
• “Clear-Channel” decision could pose challenges in a 363-friendly world, Michigan Lawyers Weekly, August 31, 2009