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Greg

Gregory R. Fox

ShareholderLitigation & Dispute Resolution Department Director; Creditors' Rights & Bankruptcy Team Co-Chair

Greg Fox represents financial institutions, commercial financiers, trade creditors and other constituencies in the documentation, restructuring and enforcement of commercial credit. He has developed particular skill in asset based lending, equipment finance, distressed real estate finance, debtor-in-possession financings, bankruptcy litigation, lien priority and intercreditor issues, and debtor-creditor disputes. In addition to creditors, he represents receivers, asset purchasers, foreign representatives and other fiduciaries in state and federal insolvency proceedings. Greg serves as Director of Lane Powell’s Litigation & Dispute Resolution Department and co-chairs the firm’s Creditors’ Rights & Bankruptcy Team. He is a Fellow of the American College of Commercial Finance Lawyers, and an elected member of the American Law Institute.

Greg’s transactional work includes:

Asset-based and cash-flow loans;
Real estate-secured loans;
Equipment financing;
Loan restructurings; and
General advice on commercial lending practices and forms.

Greg’s creditor/debtor practice involves:

UCC and real estate foreclosures;
Deeds-in-lieu;
Loan workouts;
Receiverships;
Prejudgment remedies;
Bankruptcy representation;
Deficiency lawsuits; and
Defense of lender liability claims.

Greg has been commended by Chambers® USA’s Guide to America’s Leading Lawyers for Business since 2016, with one source highlighting his “calm court presence” with an ability to “lay out his points in an extremely organized fashion that judges seem to appreciate.”

Greg is Co-Chair of the WSBA Business Law Section Uniform Commercial Code Subcommittee, Past President of the Turnaround Management Association Northwest Chapter, and Co-chair of the ABA Business Law Section, UCC, Commercial Finance and LLC Committee’s Joint Task Force for Security Interests in LLC’s and Unincorporated Entities.

Experience

In re Onlineshoes.com, Inc. and Shoes.com, Inc.
King County Superior Court
Represented petitioning creditor in Washington state court receivership of an online retailer that resulted in payment in full of the creditor’s claim.
Washington Federal v. Azure Chelan LLC
Case No. 382 P.3d 20Washington Court of Appeals
Represented lender in successfully avoiding a $5,000,000 senior lien.
Washington Federal Savings Loan Association v. McNaughton
Case No. 325 P.3d 383Washington Court of Appeals
Represented lender in a case where Division I of the Washington Court of Appeals strengthened the ability of a real estate-secured lender to cost-effectively obtain a deficiency judgment against a commercial guarantor.
Washington Federal v. Harvey / Washington Federal v. Gentry
Case No. 340 P.3d 335Washington Supreme Court
Represented lender in a case where the Washington Supreme Court upheld the right of a lender to obtain a deficiency judgment against a commercial guarantor even if the foreclosed deed of trust also secured the guarantors’ guarantees.
In re Thow
Case No. 05-30432U.S. Bankruptcy Court, Western District of Washington
Represented foreign representative in one of the first Chapter 15 Bankruptcy Cases filed in the U.S.
In re Nichols Bros. Boat Builders
Case No. 07-15522U.S. Bankruptcy Court, Western District of Washington
Represented purchaser of partially completed commercial vessel.
Snohomish County v. Bruner Addition at Mill Creek, LLC, et al
Case No. 10-2-08535-0Snohomish County Superior CourtEverett, Washington
Represented lender in a declaratory relief action to determine ownership to valuable land use entitlements following lender's non-judicial foreclosure of land held for development.

Community Involvement

Member, American Bar Association, Business Law Section

Co-Chair, Task Force for Security Interests in LLC and Unincorporated Entities
Commercial Finance Committee
Uniform Commercial Code Committee

Co-Chair, Washington State Bar Association, Business Law Section, UCC Committee

Member, Association of Commercial Finance Attorneys

Member, King County Bar Association

Member, Pierce County Bar Association

Member, Equipment Leasing Association

Member and Past President, Turnaround Management Association, Northwest Chapter

Thought Leadership

March 18, 2020Publication
Will Coronavirus Make Some Contracts Unenforceable?
COVID-19 Resource
November 15, 2019Event / CLE
Are Your Loan Documents up to Date? — Divisions, Registered and Protected Series and the Like
American Bar Association Commercial Finance Committee CLE | New York City
October 29, 2019Event / CLE
Lending Horror Stories - A Cautionary Tale From Industry Professionals
The Puget Sound Developing Professional Group | Seattle
August 15, 2019News
The Best Lawyers in America© 2020 Recognizes 63 Lane Powell Attorneys
Awards & Honors
June 10, 2019News
Thirty-one Lane Powell Attorneys Named ‘Washington Super Lawyers’ and Nine Named ‘Washington Rising Stars’
Awards & Honors
June 4, 2019News
Lane Powell Announces New Leaders, Reinforcing Focus on Innovation & Talent
Firm Announcement
April 26, 2019News
Lane Powell Again Ranked Among Top Firms in 2019 Chambers® USA
Awards & Honors
February 7, 2019Event / CLE
Commercial Law Developments Seminar
Lane Powell Seminar | Seattle
January 16, 2019Event / CLE
Commercial Law Developments
U.S. Bankruptcy Court for the Western District of Washington I Tacoma, Washington
January 9, 2019Event / CLE
Like a Box of Chocolates; You Never Know What You're Gonna Get: Multi-Member LLC Interests as Collateral and the New Model Form Security Agreement for Security Interests in LLC Membership Interests
The Association of Commercial Finance Attorneys | New York
January 7, 2019News
Fox Elected Member of American Law Institute
Awards & Honors
October 12, 2018News
Lane Powell Highly Recommended in Benchmark Litigation 2019
Awards & Honors
August 15, 2018News
The Best Lawyers in America© 2019 Recognizes 62 Lane Powell Attorneys
Awards & Honors
June 18, 2018News
Thirty-two Lane Powell Attorneys Named ‘Washington Super Lawyers’ and 14 Named ‘Washington Rising Stars’
Awards & Honors
June 8, 2018Event / CLE
Bankruptcy Issue Spotting for the Transactional Real Estate Lawyer
Washington State Bar Association Real Estate and Probate Section | Suncadia, Washington
June 5, 2018Event / CLE
Northwest Receivership & Insolvency Professionals Forum
Lane Powell Seminar | Seattle
May 21, 2018Event / CLE
Legal Considerations and Diligence in Asset-Based Lending & Owner-Occupied Real Estate
In-house Presentation to National Banking Client
May 3, 2018News
Lane Powell Again Ranked Among Top Firms in 2018 Chambers® USA
Awards & Honors
April 12, 2018Event / CLE
Enforcement and Member Consent | Multi-Member LLC Interests as Collateral and the New Model Form Security Agreement for Security Interests in LLC Membership Interests
American Bar Association Business Law Section Spring Meeting
October 26, 2017News
Lane Powell Highly Recommended in Benchmark Litigation 2018
Awards & Honors
August 15, 2017News
Fifty-nine Lane Powell Attorneys Named in The Best Lawyers® in America 2018
Awards & Honors
June 9, 2017News
Thirty-one Lane Powell Attorneys Named ‘Washington Super Lawyers’ and 16 Named ‘Washington Rising Stars’
Awards & Honors
May 30, 2017News
Chambers® USA Recommends Lane Powell in Multiple Categories for 2017
Awards & Honors
December 15, 2016Event / CLE
Commercial Law Developments, Parts 1 and 2
Lane Powell Commercial Law Developments Seminar | Seattle
October 20, 2016News
Lane Powell Highly Recommended in Benchmark Litigation 2017
Awards & Honors
Sep 22-24, 2016Event / CLE
Time to Pay the Piper: When Good Charges Go Bad
TMA Northwest Chapter Cross-Border Conference
August 17, 2016News
Fifty-one Lane Powell Attorneys Named in The Best Lawyers in America® 2017
Awards & Honors
May 27, 2016News
Chambers® USA Recommends Lane Powell in Multiple Categories for 2016
Awards & Honors
May 3, 2016Event / CLE
When Obscure Laws Attack! A Discussion of Traps for the Unwary Commercial Lender
Risk Management Association | Seattle
February 29, 2016News
Fox Elected as Fellow of the American College of Commercial Finance Lawyers
Awards & Honors
February 2, 2016News
Twenty-five Lane Powell Attorneys and 11 Practice Groups Recommended in Chambers® USA 2016
Awards & Honors
October 27, 2015News
Lane Powell Highly Recommended in 2016 Benchmark Litigation
June 12, 2015News
Thirty-two Lane Powell Attorneys Named ‘Washington Super Lawyers’ and 11 Named as ‘Washington Rising Stars’
Awards & Honors
January 8, 2015Publication
Washington Supreme Court Affirms Washington Federal v. Gentry and Confirms Lenders’ Right to Obtain Deficiency Judgments Against Guarantors Following Nonjudicial Foreclosure
The Supreme Court of the State of Washington
August 27, 2014Publication
Lean Six Sigma: Are You and Your Vendors Sufficiently Focused on Process Improvement?
Washington Bankers Association Issues and Answers Magazine
June 13, 2014News
Thirty-five Lane Powell Attorneys Named ‘Washington Super Lawyers’ and Fifteen Named as ‘Washington Rising Stars’
Awards & Honors
June 11, 2014Publication
Washington Court of Appeals Confirms Lenders’ Right to Obtain Deficiency Judgments Against Guarantors Following Nonjudicial Foreclosure of Commonly Used Form of Deed of Trust
Community Banker
April 25, 2014Event / CLE
Blurred Lines: Individual Debtors and Their Nondebtor Limited Liability Companies
Oregon State Bar’s 27th Annual Northwest Bankruptcy Institute
June 14, 2013News
Thirty-Six Lane Powell Attorneys Named ‘Washington Super Lawyers’ and Sixteen Named as ‘Washington Rising Stars’
Awards & Honors
June 13, 2012News
28 Lane Powell Attorneys Named ‘Washington Super Lawyers;’ 12 Named as ‘Washington Rising Stars’
Awards & Honors
August 9, 2011News
Thirty-six Lane Powell Attorneys Listed as Top Lawyers in Seattle Metropolitan Magazine
Awards & Honors
June 20, 2011News
Twenty-six Lane Powell Attorneys Named ‘Washington Super Lawyers;’ Ten Lane Powell Attorneys Named As ‘Washington Rising Stars’
Awards & Honors

Practices & Industries

Commercial Litigation
Creditors' Rights & Bankruptcy
Finance & Banking

Education

Willamette University College of Law, J.D., cum laude, 2000
University of Puget Sound, B.A., 1997

Accreditation

Legal Lean Sigma® and Project Management

Yellow Belt Certification

Admissions

Washington
U.S. District Court, Eastern and Western Districts of Washington

Honors

Elected Member, American Law Institute

Fellow, American College of Commercial Finance Lawyers

Chambers® USA: America’s Leading Lawyers for Business, Bankruptcy/Restructuring (2016-2019)

"Future Star," Benchmark Litigation (2016-2019)

TMA Global Awards Committee (2018)

"Washington Super Lawyer" Thomson Reuters, Creditor Debtor Rights: Business (2017-2019)

"Washington Rising Star" Thomson Reuters, Bankruptcy & Creditor/Debtor Rights: Business (2005-2015)

AV Preeminent® in Martindale-Hubbell® Peer Review Ratings™

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