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NEWS

Brian Klein Provides Commentary on Workouts for Minneapolis/St. Paul Business Journal

June 13, 2008

Commentary by Brian Klein, chair of Maslon's Financial Services Group, is featured in the Minneapolis/St. Paul Business Journal article "Market Hot for Loan–Workout Specialists." The front–page article appears in the June 13 issue and addresses the current high-demand for loan-workout officers as banks face losses resulting from non-performing loans tied largely to real estate.

Klein discusses the related high-demand for attorneys with workout experience. He explains "During good economic times, law firms slim down their bankruptcy and workout departments. Now, though, law firms are increasing those areas to accommodate higher demand."

"Market Hot for Loan Workout Specialists" is available online to subscribers to the Minneapolis/St. Paul Business Journal.

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