Eric M. Schumann
As a shareholder with the firm, Eric concentrates his practice on representing financial institution clients in connection with commercial finance and corporate banking transactions. This representation includes matters ranging from small business banking and middle market transactions to very large corporate and multi-lender syndicated credit facilities, including:
- Structuring, documenting, negotiating and closing various types of credit accommodations
- Acquisition financing
- Mezzanine debt
- Asset-based lending
- Working capital financing
- Equipment leasing
- Real estate and construction lending
Eric also represents lenders in connection with many types of export-related financing transactions, including:
- Working capital facilities
- International project financing
- Insured and guaranteed loans to overseas buyers of U.S. exports
- Trade and standby/project letters of credit
This representation involves the documentation of numerous transactions supported by various products and programs of the Export-Import Bank of the United States and other export credit support agencies.
Eric has also represented lenders in connection with working capital and acquisition financing for oil, gas and coal operators and producers, including documentation and closing of the loan transactions and performance and supervision of the due diligence review of leasehold and other title materials relating to various mineral interests.
In addition, he works with other members of the Banking group on the review and documentation of structured finance facilities, bond transactions, synthetic leases and other off-balance sheet transactions.
Areas of Practice: Finance; Banking Law
Memberships and Activities: Eric is the past President of the Northside/Northshore Chamber of Commerce, and currently sits on the Board. Eric serves as Recording Secretary on the Board of the Teutonia Mannerchor, and is on the Board of the Financial Industries Network. He is also on the Board of Directors for Tucker Arensberg.
Jurisdictions: Eric is admitted to practice before all Pennsylvania State Courts.
Education and Background: Eric graduated cum laude from Pennsylvania State University in 1987, and from the University Of Pittsburgh School Of Law in 1990 where he was awarded the Order of the Barrister and served as a Notes and Comments Editor on the Law Review.