Overview

Emory Ireland is a partner and business lawyer with Foley & Lardner LLP and a member of the Finance & Financial Institutions and Privacy, Security & Information Management Practices and the Sports Industry Team. He is a former chair of the Finance Practice.

Mr. Ireland has more than 40 years of experience representing clients in:

  • Sophisticated financing transactions
  • Loan workouts and bankruptcies
  • Derivative transactions
  • Bank regulatory matters
  • The federal and state regulation of consumer credit transactions, payment systems, and a broad range of other financial services

Thought Leadership

Mr. Ireland speaks and writes frequently. Topics have included:

  • Commercial Loans: Representing the Borrower
  • Loan Documentation for the Commercial Lender
  • Lender Liability
  • Fraudulent Conveyance Risks in Common Corporate Transactions
  • Traps for Lenders
  • Lien Searches
  • Lien Priority Issues
  • Commercial Loans: Death of a Borrower, Guarantor, or Key Executive
  • Loan Workouts
  • The Inventory Build Out
  • Acquiring a Financially Troubled Company
  • Bankruptcy Law for the Nonbankruptcy Lawyer
  • Substantive Consolidation
  • Letters of Credit
  • Legal Opinions in Financing Transactions
  • Legal Opinions to Third Parties: Limiting the Risks of Liability

Education

Mr. Ireland is a graduate of Yale College and Stanford Law School.

Professional Memberships

Mr. Ireland is a member of both the Wisconsin and Illinois bars.

Mr. Ireland has been chairman of the State Bar of Wisconsin’s committee on Standard Forms of Legal Opinions, chairman of its subcommittee on Revised Article 9 of the Uniform Commercial Code, chairman of its subcommittee on Revised Article 5 of the Uniform Commercial Code, and a member of the board of directors of its Business Law Section. He has also received the President’s Award from the State Bar of Wisconsin.

Recognition

Mr. Ireland has been Peer Review Rated as AV® Preeminent™, the highest performance rating in Martindale-Hubbell's peer review rating system. He was selected for inclusion in the Chambers USA: America's Leading Business Lawyers 2017 and 2016 list and the 2005 - 2011 lists of Wisconsin Super Lawyers® and has been listed in The Best Lawyers in America© since 2008 in the fields of banking and finance law, corporate law, and financial services regulation law. Mr. Ireland also has been named 2010 Milwaukee Banking “Lawyer of the Year,” 2012 Milwaukee Financial Services Regulation “Lawyer of the Year,” and 2017 Commercial Finance Law “Lawyer of the Year” by Best Lawyers. Based on exhaustive peer-review surveys, attorneys honored as "Lawyers of the Year" have received particularly high ratings for their abilities, professionalism and integrity.*

*The Illinois Supreme Court does not recognize certifications of specialties in the practice of law and no award or recognition is a requirement to practice law in Illinois.

Representative Matters

Showing of
Foley represented Plan Trustee and Oversight Committee in the 10th largest bank failure in the nation, in connection with the liquidation of GFGI's assets and prosecution of recovery actions. The case included representation of the interests of the bankruptcy estate and FDIC, in prosecuting claims by assignment jointly on behalf of the Estate and FDIC, recovering nearly $300 million for creditors and the FDIC, in one of the most successful bank holding company restructurings nationally.
Foley represented Quad Graphics in the issuance of the private placement of $300 million of 7% senior notes due 2022, followed by a registered exchange offer.
Represented a utility holding company and its utility subsidiaries in obtaining several billion dollars of bank financing over the years, including related derivative transactions.