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Gregory R. Fox Photo

Greg

Gregory R. Fox
ShareholderLitigation & Dispute Resolution Department Director Creditors' Rights & Bankruptcy Team Co-Chair
Seattle
D 206.223.7129
C 206.354.3182
foxg@lanepowell.com

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 that he's "a great negotiator, a strong advocate, good in court and smart."

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

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

Association of Commercial Finance Attorneys, Member

King County Bar Association, Member

Pierce County Bar Association, Member

Equipment Leasing Association, Member

Turnaround Management Association, Northwest Chapter, Member and Past President
 

Thought Leadership

  • September 23, 2022Event / CLE
    Lender Beware: Lender Liability 
    Turnaround Management Association | Vancouver, Canada
  • August 18, 2022News

    The Best Lawyers in America© 2023 Recognizes 90 Lane Powell Attorneys

    Awards & Honors
  • July 14, 2022News

    Forty-four Lane Powell Attorneys Recognized by Super Lawyers in Washington for 2022

    Awards & Honors
  • June 29, 2022Publication
    So You Thought Your Lien Had Priority? Washington Supreme Court Ruling Threatens the Lien Priority of Certain ‘Optional’ Real Estate Secured Future Advances
    Finance & Banking Legal Update
  • June 1, 2022News
    Lane Powell Again Ranked Among Top Firms in 2022 Chambers® USA
    Awards & Honors
  • January 26, 2022News
    Three Lane Powell Attorneys Named in Lawdragon’s 500 Leading US Bankruptcy & Restructuring Lawyers List for 2022
    Awards & Honors
  • October 19, 2021News
    Lane Powell Attorneys Recognized in Benchmark Litigation 2022
    Awards & Honors
  • August 19, 2021News
    The Best Lawyers in America© 2022 Recognizes 90 Lane Powell Attorneys
    Awards & Honors
  • July 15, 2021News
    Forty-Three Lane Powell Attorneys Recognized by Super Lawyers for 2021
    Awards & Honors
  • May 20, 2021News
    Lane Powell Again Ranked Among Top Firms in 2021 Chambers® USA
    Awards & Honors
  • May 12, 2021Event / CLE
    Financial Disasters: Risks and Rights When Insolvency Strikes
    American Council of Engineering Companies | Virtual
  • October 28, 2020News
    Lane Powell Attorneys Recognized in Benchmark Litigation 2021
    Awards & Honors
  • August 20, 2020News
    The Best Lawyers in America© 2021 Recognizes 92 Lane Powell Attorneys
    Awards & Honors
  • August 6, 2020News
    Three Lane Powell Attorneys Named in Lawdragon 500 Leading US Bankruptcy & Restructuring Lawyers for 2020
    Awards & Honors
  • July 16, 2020News
    Thirty-Two Lane Powell Attorneys Recognized by Super Lawyers in Washington for 2020
    Awards & Honors
  • April 23, 2020 News
    Lane Powell Again Ranked Among Top Firms in 2020 Chambers® USA
    Awards & Honors
  • 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
  • Awards_2023 Best Lawyers America
  • 2023 Benchmark Litigation
  • Chambers USA Leading Lawyer 2022
  • W-H-Lawdragon-2022
  • Washington Super Lawyers 2022

Practices & Industries

  • Commercial Litigation
  • Creditors' Rights & Bankruptcy
  • Finance & Banking
  • COVID-19 Landlord/Tenant Response Team

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 (2016-2022)

"Future Star," Benchmark Litigation (2016-2023)

The Best Lawyers in America©, Bankruptcy and Creditor Debtor Rights/Insolvency and Reorganization (2017-2023)

"Washington Super Lawyer" Thomson Reuters, Creditor Debtor Rights: Business (2017-2022)

Lawdragon 500 Leading US Bankruptcy & Restructuring Lawyers (2020, 2022)

TMA Global Awards Committee (2018)

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

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

Before proceeding, please note:  If you are not a current client of Lane Powell PC, please do not include any information in this email that you or someone else considers to be confidential or secret in nature.  Prior to the establishment of a lawyer-client relationship, unsolicited emails from non-clients containing confidential or secret information cannot be protected from disclosure.

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