Mary L. Aronov, shareholder in the Memphis office, assists clients in structuring, documenting and negotiating commercial loans, commercial real estate acquisitions, leasing transactions and general business transactions. She has extensive experience in real estate and asset-based loan transactions, purchases and sales of commercial real estate, mergers and acquisitions, multi-state lending transactions, leases, corporate finance operations, loan modifications and work-outs, foreclosures, and general commercial contracts and transactions.
Ms. Aronov serves as counsel to banks and other financial institutions engaged in asset based lending, commercial real estate loans secured by other types of collateral and drafts and negotiates the loan documents. She also represents businesses in acquisitions and/or financings of office buildings, manufacturing facilities, warehouse facilities, retail centers and assisted care facilities. Additionally she provides local borrower's counsel opinions on Tennessee law for multi-state lending transactions. Ms. Aronov is also Tennessee counsel for a nationally known company offering interactive computerized loan document preparation and other services to banking institutions. She regularly gives advice to clients on various aspects of Tennessee law relating to lending and real estate.
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Represented hospital in the acquisition of a regional hospital.
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Closed syndicated loan for national bank providing financing on 22 retail stores in four states.
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Represented lender on multimillion dollar asset based loan secured by accounts, inventory and stock of company.
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Closed revolving and term loan transaction for manufacturing facility secured by all tangible personal property of client, real property assets in several states, and stock of its subsidiaries located in various other countries.
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Assisted health care client in the refinancing of six assisted care and nursing home facilities located in various states.
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Served as lender's counsel on a loan facility to several automobile dealerships and related finance companies secured by inventory, chattel paper and notes receivable of the borrowers.
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Represented health care REIT on construction loans for hospital and medical office building.
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Represented purchaser in acquisition of manufacturing facility.
- New Uniform Commercial Code Article 9 Amendments, Tennessee Bar Association (2012)
- "Commercial Lending Essentials in a New Era: Adapting to This Economic and Regulatory Environment," Harland's Connection Conference (August 20, 2010)
- "Title Examinations," Memphis Bar Association (March 2009)
- Tennessee Section on State Summary of Real Estate Foreclosure Laws, American Bar Association (2009)
- Author – "Recent Developments in Commercial Loan Prepayment Premiums," Bloomberg Corporate Law Journal, Volume 2, Issue 4 (Fall 2007)
- "Tennessee Home Loan Protection Act: Prohibitions and Requirements," Tennessee Bankers Association (November 2006)
- "Opinions on Personal Property Security Interests," American Bar Association (Fall 2005, Spring 2006)
- "Developments in Lender Liability Under Environmental Laws," 8 Real Estate Finance Journal 41 (1992)
- "The Tennessee Recording Tax Statute and its Effect on Perfection of Security Interests," 52 Tennessee Law Review 355 (1985)
- Named the Best Lawyers' 2011 Memphis Banking Lawyer of the Year
- Listed in Chambers USA: America's Leading Business Lawyers in Real Estate since 2006
- Listed in The Best Lawyers in America® in Banking Law and Real Estate Law since 2007
- Business Tennessee Magazine Best 150 Lawyers (2005)
- Listed in Mid-South Super Lawyers since 2006
- Listed as among top 50 female attorneys in Tennessee by Mid-South Super Lawyers, 2011
- AV® Preeminent™ Peer Review Rated by Martindale-Hubbell
- Member – American (Commercial Law and Real Estate and Probate Sections), Tennessee and Memphis Bar Associations
- Fellow and Board Member – Memphis Bar Foundation
- Chairperson – Tennessee Bar Association Joint Task Force, 2011 - Adoption of 2010 Amendments to Article 9 of the Uniform Commercial Code
- Member – Leo Bearman Sr. American Inn of Court (2001 – 2005)
- Chairperson – Memphis and Shelby County Air Pollution Control Board (1997 – 1999)
- University of Memphis, J.D., 1983
- Symposium Editor – Memphis Law Review
- Radford University, M.S., 1975
- Virginia Polytechnic Institute and State University, B.S., 1973, with distinction