Introduction Shields Legal’s banking and finance team routinely supports businesses in finding new lenders and securing better loan terms. This process starts with determining a company’s financial goals, evaluating the company’s current financing...
News & Insights
Latest News from Brandon R. Schaller
Planning for Success: Structuring First and Second Lien Credit Facilities
Introduction In today’s credit environment, we are seeing strong borrower demand for layered debt structures that combine first and second lien credit facilities. These structures offer flexibility and cost efficiency by pairing two lenders with...
The FTC Rule on Non-Competes – the Saga Moves to the Courthouse
Background On April 23, 2024, the Federal Trade Commission (“FTC”) voted to adopt a rule (the “FTC Rule”) that, as a matter of federal law, bans “non-compete” contract clauses as “unfair methods of competition,” with few exceptions and requires...
The Corporate Transparency Act: Lender Considerations
Introduction As the requirements of the Corporate Transparency Act (“CTA”) phase in to cover companies in 2024 and 2025, many borrowers and guarantors will have new reporting obligations with stiff penalties for non-compliance. These penalties...
The mission of Shields Legal is to bring strategic business insight, professional judgment and competence to your company’s business and legal issues.




