Corporate Trust
Riker Danzig has earned a national reputation for expertise in the traditional practice areas of commercial law and litigation. Our reputation for superior work in representing financial institutions, firmly established within the state, has attracted an increasing number of national and international clients in recent years. We represent the major New Jersey banking institutions as well as New Jersey thrift institutions and other lenders in a variety of transactions. We regularly serve as counsel for national institutions located in New Jersey such as Wachovia Bank, National Association, Merrill Lynch Commercial Finance Corp., JPMorgan Chase Bank, N.A., Bank of America, N.A. and Wells Fargo Bank, N.A.
Representation of corporate trustees, collateral agents, escrow agents and other institutional fiduciaries has long been a focal point of the firm's financial institutions practice. We serve as trustee counsel on an ongoing basis for the corporate trust departments of major banks including U.S. Bank National Association and The Bank of New York Mellon. Those institutions are actively involved on a state and national level in all types of activities ranging from trusteeships on traditional corporate bond issues and other state and municipal bond issues to massive public and private debt issues, and restructurings of many of America's largest corporations. In addition, the firm has represented institutions as collateral trustee whereby the trustee was granted liens on virtually all assets of the corporation for the equal and ratable benefit of the public and private debt holders.
Several of these corporate trust matters became bankruptcy cases and the firm has developed a strong specialty in handling bankruptcy and insolvency matters on behalf of corporate fiduciaries. In one bankruptcy, the firm represented the trustee for many years in dealing with competing claims as to the aircraft collateral and ultimately acting as liquidating trustee in disposing of the bulk of the aircraft fleet. In another bankruptcy, the firm represented the trustee in a case of national significance relating to the ability to draw on a letter of credit.
Over the years, the firm has been exposed to numerous situations involving the transfer of fiduciary responsibilities from one institution to another. We have handled the negotiations on behalf of our client in those matters. We represented a major New Jersey bank in the purchase of the corporate trust and agency business of a competing institution. Our involvement included drafting and negotiating the sale agreement, due diligence on the transferred accounts and general corporate and regulatory advice.
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Firm Clients
- AXA Corporate Solutions
- Highlands Insurance Group, Inc.
- Kemper Group of Insurance Companies
- Diamond Chemical Co., Inc.
- Capacity, L.L.C.
- Bouras Industry, Inc.
- Mutual Marine Office, Inc.
- Dittman Incentive Marketing Corp.
- Geptek, Inc.
- Genpro, Inc.
- Ecko Complex, L.L.C.
- Jacobs Engineering
- Modell’s Sporting Goods
- New York Life Agents Reinsurance Company
- Porky Products
- Glamorise Foundations, Inc.
- Proformance Insurance Company
- Solix, Inc.
- Zootoo, LLC
- HSBC Bank
- Banc One
- Prudential Insurance Company
- Lexent Inc.
- Playtex Products Corporation
- North Fork Bank
- Hertz Corporation
- Meow Mix Corporation
- Aeon (U.S.A.), Inc.
- BEA Systems, Inc.
- Bouras Industries, Inc.
- Cameco, Inc.
- C&S Wholesale Grocers, Inc.
- Corporate Fuel Partners
- Bed Bath & Beyond, Inc.
- Dainippon Sumitomo Pharma America, Inc.
- GDC Properties
- Gerber Products Company, Inc.
- Foundation Venture Capital Group LLC
- Ginsburg Development Companies LLC
- Lloyd, Gerstner & Partners, LLC
- McDonald Information Services, Inc.
- Morris Energy Group, LLC
- New York Life Agents Reinsurance Company
- Promident LLC d/b/a Johnson-Promident
- Shipley & Halmos, LLC
- Solix, Inc.
- Wakefern Food Corporation
- WR Capital Partners LLC
- Zenith Optimedia, Inc.
- Dames and Moore
- E.I. Associates
- Herval Construction, Inc
- Parsons Engineering Science, Inc.
- R2D Corporation
- Perini Construction Corporation
- West Morris Regional High School Board of Education
- Casino Reinvestment Development Authority
- Columbia Gas Transmission Corporation
- Bank of America
- Citibank, N.A.
- HSBC Bank
- Provident Bank, etc. v. Edward V. Giannasca (N.Y. App. Div.)
- The Bank of New York
- Alea North America
- AXA Versicherungs AG
- CIGNA
- Alea London Limited
- British International Insurance Company
- Brittany Insurance Company (London)
- Chubb Group of Insurance Companies
- American International Management Association
- Compagnie Europeenne D’Assurances Industrielles S.A.
- Crown Life Insurance Company
- Crum & Foster Insurance Group
- Colonia Insurance Company
- Delta Lloyd Insurance Company Limited
- Dukes Place Holdings, L.P.
- EMC Insurance Companies
- Enstar Group Limited
- Enstar US Inc.
- Excess Insurance Company Limited
- Harleysville Insurance Companies
- Harper Insurance Limited f/k/a Turegum Insurance Company
- Enstar (EU) Limited
- National Casualty Company of America Limited
- Mutual Marine Office, Inc.
- Hudson Reinsurance Company Limited
- Highlands Insurance Group, Inc.
- Management Facilities Corporation
- National Casualty Company of America Limited
- Navigators Insurance Company
- New York Marine & General Insurance Company
- Unique Settings of New York
- Siemens Corporation
- McKessen Corp.
- York Claims Service, Inc.
- Gavan-Graham Electrical Products Corp.
- Triad Consulting Engineers, Inc.
- Jacobs Engineering
- Bayonne Parking Authority