Cooksey Cooksey TOOLEN GAGE DUFFY WOOG A Professional Corporation HOME ATTORNEYS PRACTICES CLIENTS CONTACT Truck Financing Truck Financing is unique and presents challenges not found in other areas of automotive financing. Cooksey's lawyers have assisted lenders to the trucking industry in all aspects of Truck Financing, from documentation to enforcement, for over 20 years. Practice Leader Kim Gage Attorneys Byron Bahr Randall Mroczynski John Kim Representative Client Daimler Truck Financial Documenting Dealer Financing For more than two decades, Cooksey has provided value to its lender clients by negotiating and documenting complex wholesale financing transactions with heavy and medium duty truck dealers, including inventory financing, working capital financing and revolving lines of credit. Cooksey is experienced in creating procedures for and documenting warehouse credit facilities for truck dealers for use in funding in-house or affiliated lending and leasing companies. We have also negotiated and documented complex upfitting and body building transactions. Documenting Fleet Transactions Cooksey can assist trucking lenders in structuring and documenting large, complex fleet transactions involving multiple layers of leasing or subleasing through leasing companies, and ultimately to owner/operators. Dealer and Fleet Workouts Cooksey has extensive experience in assisting lenders in negotiating and documenting workouts of defaulted loans to dealers and defaulted fleet financing, and in achieving creative solutions to dealer and fleet issues. Enforcement Cooksey also assists on the back end of transactions by enforcing secured lenders' rights when workouts are either not feasible or fail. Cooksey's approach is to aggressively pursue recovery of your collateral through replevin procedures and to maximize the value of that collateral. We have successfully prosecuted numerous guarantor lawsuits, resulting in substantial recoveries. Chapter 11 Bankruptcies Financially troubled dealers and fleet operators often file Chapter 11 bankruptcy cases. Cooksey represents lenders in all aspects of the bankruptcy process. Cooksey aggressively asserts its lender clients' rights with respect to cash collateral and physical collateral. Cooksey obtains adequate protection payments to compensate its clients for a debtor's use of collateral, and helps its clients obtain relief from the automatic stay, recover collateral, and obtain advantageous plan treatment. © 2021 by Cooksey, Toolen, Gage, Duffy & Woog All Rights Reserved Terms of Use Agreement