Mike has retired from active practice, but remains associated with the firm. During his 30 years at HCMP, his work involved real estate and commercial lending, formation and restructuring of partnerships and LLCs, and all kinds of real estate transactions, many involving large-scale residential developments. Mike represented lenders and institutional investors who operated throughout the country and assisted them in the creation of multi-tier investment funds, joint ventures with pension plans, loan document design, volume loan document production and closings, loan participations and syndication, and workouts and foreclosures. He also assisted non-profits in connection with tax-exempt financing of public projects.
- Rising from bed and driving downtown at 2:00 a.m., because I saw a way to avoid a lawsuit that would paralyze a major project for years. A multi-tier partnership had owned about 1,200 acres of developable property in the San Francisco Bay Area for more than 10 years, utilizing a convertible loan from certain sub-tier investors to get through a down cycle. As the date for conversion of the debt to equity approached, certain investors who faced dilution filed a motion for a restraining order, jeopardizing the $30 million refinancing planned to close two days later. I went home in the evening, almost resigned to years of paralyzing litigation. But in fitful sleep, I came upon an idea. By 5:00 a.m., my carefully pitched demand and threat of counterclaim had reached the troublemakers in London, with a promise that a proposed resolution would follow. By 10:00 a.m., they received my detailed proposal for escrow and standstill. By the lunch hour, we reached agreement and the TRO hearing, scheduled for 1:30 p.m., was cancelled. The property subsequently sold for about $150 million. Having litigated cases for a number of years, I knew how things would get out of control if I allowed litigation to start with so many parties involved.
- Representing a Fortune 500 public company in negotiating and documenting joint venture and financing terms for a $250 million paper recycling facility in the Midwest, and then doing it again when a second facility was built. I subsequently assisted the same client in forming a different joint venture to market a new optical scanning technology for sorting recovered paper and fiber.
- Hearing from my lender clients the compliments they receive from their borrowers on our loan documents and their experience with our law firm as we document and close their loans. Some of their borrowers have called our documents "easy to work with" and "the best of all they have seen" and have characterized our services as "helpful" and "efficient." We understand our client's business goals and attempt to adopt a style that will advance those goals.
- Speaker and Moderator, "A Lender's Exercise Regime: Working Out Every Day," Lorman Education Services, January 2009
- Speaker, "Can't We All Just Get Along? The Impact of Master Community Developer Covenants on Builder Financing," Hillis Clark Martin & Peterson, P.S., 2003
- Speaker, "Debtor/Creditor Workouts" American Bar Association Forum on Affordable Housing and Community Development Law, 1994
- Frequent speaker on topics relating to real estate lending at numerous informal lunch seminars with banks and lenders
- King County Bar Association (Real Property, Probate & Trust Section)
- Washington State Bar Association (Real Property, Probate & Trust Section)
- Pro Bono Representation for domestic abuse shelter, affordable housing, and non-profit schools
- A/V Preeminent Lawyer, Martindale Hubbell
- Repeatedly recognized as a Super Lawyer by Washington Super Lawyers, a local legal and professional publication.
- J.D. University of Michigan Law School, 1980
- B.A., Stanford University, cum laude, 1974
I am maximizing time with my kids as they leave the nest and learn to fly on their own. I play lots of soccer, year-round - I could play every day without getting bored. I ski, hike, and kayak whitewater rivers, and have some property near Leavenworth which is our base for some of these activities. I had lots of jobs as a kid, including construction jobs, and I like to build things. I am an adventuresome traveler, a good photographer, and have been to some very remote and exotic places.