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  • Charles R. Ekberg

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KeyBank N.A. In re Matrix Development Corporation a/k/a Legend Homes

Case No. 08-32798U.S. Bankruptcy Court, District of Oregon
We represent KeyBank as regional northwest counsel on various land development and other loans to borrowers in Oregon, Washington and Alaska, as well as on a variety of defaulting real estate loans. These representations include our work as Key Bank's counsel with respect to its secured claims in In re Matrix Development Corporation a/k/a/ Legend Homes, Case No. 08-32798-tmb11, pending in the United States Bankruptcy Court for the District of Oregon and in In re Pacific Lifestyle Homes, Inc., pending in the United States Bankruptcy Court for the Western District of Washington, Case No. 08-45328-PBS. We negotiated treatment of KeyBank's claims in plans of reorganization which were confirmed in 2010. We have assisted KeyBank with a variety of novel loan enforcement and realizations issues and concerns generated by not only these case but a variety of other distressed KeyBank real estate loan workouts and foreclosures we have handled in the wake of the steep decline of the housing market and automobile dealer financing.

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