Scott W. Foley

Scott W. Foley is Chair of Shapiro Sher’s Banking & Financial Services Group. Mr. Foley has over fifteen years of experience in the finance industry and is devoted to achieving the best results possible for the financial institutions. He regularly represents regional and community banks, credit unions, financial service companies and other lenders throughout the commercial-lending process.

Mr. Foley has also obtained favorable results for financial services institutions in:

• Commercial loan workouts and restructurings;
• Re-documenting troubled loans;
• Loan participation and other inter-creditor disputes;
• Foreclosures and secured creditor sales;
• Note sales;
• Lender liability matters;
• Defending fraudulent and other conveyance claims; and
• Other commercial collection matters.

On behalf of lenders, Mr. Foley has handled an extensive array of commercial loan transactions, including asset-based financing arrangements involving significant income producing properties, as well as financing transactions related to real estate development projects, historic properties and mixed use development sites .

An experienced commercial litigator, he handles litigation in state courts and federal bankruptcy courts in Maryland, the District of Columbia, Virginia, Delaware, and other jurisdictions on behalf of secured and unsecured creditors. He has successfully represented secured lenders in numerous major bankruptcy cases involving relief from automatic stays, avoidance actions, discharge litigation, use of cash collateral, and plan confirmation issues. His commercial and business litigation experience also includes mechanic’s lien litigation, commercial landlord/tenant disputes, and other general contract disputes. He is cited in Maryland Super Lawyers and Best Lawyers in America.

Before entering private practice, Mr. Foley served as Judicial Law Clerk to the Honorable Edward A. DeWaters, Jr., a former Chief Judge of the Circuit Court of Maryland for Baltimore County. An active member of several bar associations, Mr. Foley served on the board of The Franciscan Center and The Homeland Association.

Shapiro Sher

At Shapiro Sher, our success is driven by a fundamental belief: the companies and individuals who place their trust in us deserve the close attention of deeply experienced attorneys. That’s why we bring senior talent to bear on every matter. In all areas of bankruptcy, business law, and litigation, the strategies we provide are planned and executed by attorneys practicing at the top of their profession.

When you hire Shapiro Sher, you get an efficient team gifted with the ingenuity and foresight that only come with years of hard-fought accomplishment. We pride ourselves in our ability to do more with a select group than our competition manages with large cadres of lawyers.

With offices in Baltimore and Washington, D.C., the Firm’s attorneys have earned reputations that reach well beyond the Mid-Atlantic region. Our business lawyers are at the heart of major transactions in all industry sectors across the country and abroad. Our litigators serve as counsel in cases of national consequence, and our bankruptcy practice is international in scope.

Since our founding in 1972 by Ronald M. Shapiro, the Firm has provided invaluable representation to Fortune 100 corporations, emerging growth businesses, governments, non-profits, and individuals. An unusually large proportion of our attorneys are regularly cited in publications devoted to identifying top legal talent. We are well represented in Chambers USA, Best Lawyers in America®, and Maryland Super Lawyers®.

Additionally, half of our lawyers have been granted Martindale-Hubbell’s AV® Preeminent™ 5.0 rating, the highest rating given and a reflection of their preeminence in the field of law. Martindale-Hubbell ratings are based on confidential peer reviews from members of the Bar and the Judiciary.

Sophisticated buyers of legal services know that such laurels provide limited information. Of greater importance are our attorneys’ proven accomplishments for their clients, and their capabilities to handle the given challenge. We submit that the citations are but one indicator of what we have done and can do for the clients who place their trust in us.

For more information about our practice areas and attorneys, please contact Firm President William E. Carlson.