We help a wide variety of lending institutions. National banks, state banks, credit unions, savings and loans as well as specialty lenders and insurance lenders turn to us when they face claims from borrowers.

Our team has represented lenders in a wide variety of cases, including some in which plaintiffs have advanced unusual and creative theories of liability. These include:

• A lender sued for more than $30 million when a time share developer sought damages after the development failed
• Two insurance companies sued in federal court by a developer who claimed the administration of the loan ruined a business opportunity involving what, at the time, would have been South Carolina’s largest mall
• A state chartered bank accused of enabling a trustee to make poor investments by making loans, therefore enabling fraud and other improper conduct by the trustee
• A lender, foreclosing on a borrower in a bankruptcy case, who faced claims that it illegally induced the borrower to invest in a hotel property
• Automobile financing lenders who faced lawsuits from hundreds of car buyers claiming an auto dealership defrauded them into buying cars

From nuisance cases to major business threats

Nexsen Pruet lawyers defend large and small lenders throughout the Carolinas from claims that lender misconduct led to borrower losses. These cases range from single loans to purchase property to major projects and businesses. The claims also include creative theories being developed by borrower plaintiffs as business ventures fail.

We can form the right team for the size and complexity of your case and use our experience and contract partners to make lengthy and difficult discovery, including electronic discovery, cost effective and manageable.

Whether the claim involves a single car loan, hundreds of consumer loans, or a complex leveraged participant loan to a real estate syndicate, Nexsen Pruet will bring together the legal team with the right experience to help your lending institution.

Nexsen Pruet recognizes the importance of having lawyers that reflect the broad diversity within our client base, our jury system, our colleagues, and our community at large.  To that end, we are committed to recruiting minority candidates, reducing minority attrition, supporting minority organizations, and expanding and improving our diversity program.  We also recognize that the pursuit of a diverse workplace is, and should be, ongoing. 

As a means of promoting these interests, we created the Nexsen Pruet Diversity Scholarship Program. Prior to creating the scholarship, we completed a written plan that identified methods by which the firm could recruit, hire, and retain minority lawyers. The plan includes expanding our recruitment efforts to other law schools, increasing recruitment of lateral minority and female candidates, and continuing to develop and enhance our relationships with minority law organizations such as the Black Law Students Association.  Our goal is to identify qualified minority candidates who may be potential members of the firm.

Nexsen Pruet understands the need for and value of increased diversity, and we are strengthening and building upon our commitment to provide an inclusive environment within our firm.  As such, we will maintain a continuing focus on doing whatever we can to achieve the important and necessary goal of diversity.

Nexsen Pruet Diversity Scholarship

Strengthening the Lawyers of Tomorrow...Today

   The Nexsen Pruet Diversity Scholarship aims to:  

• Support diversity within our firm and the bar  
• Enhance educational opportunities for talented minorities in the field of law  
• Inform minority law students of opportunities for private practice in the Carolinas   

The Scholarship Program will award $3000 to one or more exceptional first year minority law students planning a career in North or South Carolina.   

All scholarship recipients will be considered for summer employment in one of the Nexsen Pruet offices upon completion of their first year of law school.  Scholarship recipients are invited to re-apply for additional scholarships during their second and third years of law school.   

 Eligible students must be attending one of the following schools:

• University of North Carolina School of Law
• University of South Carolina School of Law
• Wake Forest University School of Law 
• North Carolina Central University School of Law 
• Charleston School of Law
• Charlotte School of Law