Otterbourg Promotes Rich to Member in Banking and Finance Department

Law firm Otterbourg promoted Michael Rich to member of the firm. Rich began his career at Otterbourg and has been an associate in the firm’s banking and finance department for the past eight years.

Rich represents banks, hedge funds, private equity funds, commercial finance companies and other institutional lenders in connection with the structuring and documentation of lease and loan transactions, including asset-based, cash flow and structured finance transactions, and portfolio acquisitions and dispositions. Rich also represents buyers and sellers, whether individuals, joint ventures or funds, in connection with purchase and sale transactions throughout the U.S., some including a single property and others a large portfolio.

“Over the past few years, Mike has proven to be an invaluable asset to the firm,” Richard L. Stehl, chairman of Otterbourg, said. “His strong determination to successfully address his clients’ needs, his ability to take the lead in complex matters, and the breadth of services he can provide warrant this promotion. I am excited to watch him continue to flourish.”

Rich has worked on financing transactions covering a range of industries, including staffing, technology, transportation, oil and gas, lender finance and government contracting. He has experience in factoring, asset-based lending, inventory lending, trade finance and specialty finance.

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