Scott Alan Lessne

1983, Connecticut
2008, District of Columbia
United States District Court for the District of Connecticut
United States Court of Appeals for the Second Circuit

and former Regent of the American College of Commercial Finance Lawyers. He recently co-chaired the ABA Commercial Finance Committee's subcommittee on Loan Documentation. He has taught a course in Secured Transactions as a member of the adjunct faculty of Suffolk University Law School. Scott is a regular speaker on topics relating to commercial finance, loan workouts, creditors' rights and bankruptcy.

Memberships

American Bar Association, Business Law Section, Commercial Finance Committee:

· Administrative Committee Director

· Past Co-Chair-Commercial Loan Documentation Subcommittee

· Member-Joint Task Force On Deposit Account Control Agreements

Connecticut Bar Association, Commercial Law and Bankruptcy Section

American College of Commercial Finance Lawyers:

· Fellow and Past Member -Board of Regents

Association of Commercial Finance Attorneys, Inc.:

· Past President and Member-Board of Directors

Teaching Engagement:

Suffolk University Law School, Boston Massachusetts-Course: Secured Transactions (2002)

Speeches & Presentations

· "Bank Secrecy Act & Anti-Money Laundering Overview: A Primer for Transaction Counsel or 'Am I Really Supposed to Know This?'" Association of Commercial Finance Attorneys, Inc. (January 2013) and American Bar Association Business Law Section Spring Meeting, Loan Documentation Subcommittee (April 2013). Moderator and Speaker: Scott Lessne.

· "Re-Structured Financing: Involuntary and Voluntary Changes to Deal Structures," American Bar Association Business Law Section CLE Panel, Business Law Section Spring Meeting (April 2010). Moderator and Speaker: Scott Lessne.

· "Anatomy of a Workout," American Bar Association Business Law Section CLE Panel, ABA Annual Meeting and ABA Teleconference (August and October 2009). Moderator and Speaker: Scott Lessne.

· "Financing In-Transit Inventory," American Bar Association Business Law Section Spring Meeting, Loan Documentation Subcommittee (April 2009). Moderator and Speaker: Scott Lessne.

· "Insurance: Make it a Post-Closing Item?" American Bar Association Business Law Section Spring Meeting, Loan Documentation Subcommittee (April 2008). Moderator and Speaker: Scott Lessne.

· "Multi-Lender Workouts," Association of Commercial Finance Attorneys, Inc. (March 2002). Speaker: Scott Lessne.

· "Advanced Forum on Commercial Loan Workouts," American Conference Institute (2002-2004). Co-Moderator and Speaker: Scott Lessne.

· "Asset Based Lending - Receivables Finance, Inventory Finance, Bankruptcy and Enforcement Issues," Practicing Law Institute (1998-2012). Speaker: Scott Lessne.

· "Commercial Loan Documentation," Executive Enterprise Institute (1998-2002). Speaker: Scott Lessne.

· "Default and the Enforcement of Security Interests Under Revised Article 9," American Bar Association Videoconference Speaker: Scott Lessne.

· "Dealing with the FDIC," Association of Commercial Finance Attorneys, Inc. Moderator and Speaker: Scott Lessne.

· "Limited Liability Company Legislation and its Impact on Lenders," Association of Commercial Finance Attorneys, Inc. Speaker: Scott Lessne.

Publications

· "The Workout as an Exercise in Creative Problem Solving," 56 The Practical Lawyer 25 (February 2010). Author: Scott Lessne.

· "Maximizing Recovery of Distressed Debt," 22 Commercial Lending Review 21 (Jul. - Aug. 2007). Author: Scott Lessne.

· "Preparation: The Key to Enhancing Distressed Debt Recovery Oportunities," 22 Commercial Lending Review 21 (Jan. - Feb. 2007). Author: Scott Lessne.

Client Alerts & Newsletters

· "Delaware Chancery Court Rejects Claim That Article 9 Sale Was Not Conducted in a Commercially Reasonable Manner," Financial Services Alert (April 10, 2013). Contacts: Scott Lessne, Mark S. Lichtenstein, Alexis Victoria DeBernardis.

· "UCC Termination Statements Require Authorization To Be Effective," Financial Services Alert (March 25, 2013). Contacts: Morris F. DeFeo Jr., Scott Lessne, Amisha Shrimanker.

· "Criminal Borrower? An Innocent Secured Creditor Need Not Worry About Losing Its Collateral to Government Forfeiture," Financial Services Alert (August 15, 2012). Contacts: Scott Lessne, Matthew W. Cheney, Thomas F. Koegel.

· "Caution: Bankruptcy-Remote Entities Are Not Necessarily Bankruptcy Proof," Financial Services Alert (April 25, 2012). Contacts: Matthew W. Cheney, Scott Lessne.

· "Proposed Revisions to Interagency Leveraged Lending Guidance," Financial Services Alert (April 4, 2012). Contacts: Scott Lessne, Matthew W. Cheney.