Fannie Tremblay

Expert Guidance Through a Complex Loan Restructuring

Our mid-sized manufacturing firm in Detroit faced a critical juncture when our primary lender initiated a restructuring of our long-term credit facility. The terms were complex and the timeline was aggressive. We were referred to Fannie Tremblay at Stikeman Elliott, and it proved to be the decisive factor in securing a favorable outcome. Despite her relatively recent entry into the legal field, Ms. Tremblay’s command of banking and finance law is nothing short of impressive. Her background, which has clearly been recognized in this specific area, was immediately evident. She didn't just review the documents; she provided a strategic analysis of the lender's position, identified several non-standard covenants that posed significant future risk, and crafted compelling counter-proposals. Her approach was meticulous and collaborative, ensuring our entire leadership team understood each step. The negotiation was tough, but Ms. Tremblay’s professionalism and deep understanding of the market standards for such agreements in the U.S. gave us immense confidence. We successfully closed on terms that provided us with the operational flexibility we needed, including more favorable amortization schedules and removed several onerous reporting requirements. Her service was exceptional—responsive, clear, and relentlessly focused on our business objectives. We have secured her counsel for our ongoing banking relationships and would recommend her without reservation to any business navigating the complexities of finance law.