Lute draws on his extensive experience in banking and finance law to represent clients in middle market bank transactions.
With an undergraduate degree in economics and managerial studies, Lute always had an interest in the intersection of finance, business and law. He chose to focus his legal practice on transactional law and gained experience early in his career with the banking industry.
Today, Lute represents lenders in a variety of financing transactions, including real estate loans, construction loans and asset-based loans. He also regularly advises banks regarding workouts, collection matters and loan sale transactions.
Lute has represented community and regional banks in the structuring and negotiating of term loans and both revolving and non-revolving credit facilities of up to $30 million. In addition, Lute has prior experience assisting with mergers and acquisitions up to $200 million in value and has served as sole outside counsel for several small businesses. He has also represented both buyers and sellers in the purchase and sale of real property—experience that he draws on in negotiating the real estate-based loans that frequently arise in his current practice.
Lute values working in a practice area where both sides are collaborating toward a common goal, and he’s passionate about helping clients get deals done. After nearly 10 years representing clients in the banking industry, he understands how bankers think and operate, and he strives to construct transactions that will meet their unique business needs.