Paul H. Shur

Partner

Admitted to Practice:

• New Jersey, 1977
• Florida, 1978
• District of Columbia, 1980 (inactive)
• New York, 1989
• U.S. District Court, District of NJ
• U.S. District Court, Southern District NY
• U.S. Court of Appeals, Third Circuit
• U.S. Supreme Court

Expertise:

• Sales and lease transactions (experience with UCC and transactional issues for middle market businesses)
• Secured transactions (experience in intellectual property, licensing, foreign and other specialized collateral issues)
• Asset based financing
• Loan workouts and restructures
• Real estate title defense and litigation
• Creditors’ rights litigation
• UCC Article 3 and 4 litigation
• Commercial and equipment finance (experience representing large multi-national lenders and private specialty lenders)

Awards and Recognition:

• Fellow, American College of Commercial Finance Attorneys
• Fellow, American College of Mortgage Attorneys
• Chambers USA – Corporate/M&A (New Jersey). In 2015, described as having “vast experience assisting clients on financial transactions.” Commentators described him as a “very bright, practical and client focused attorney.” In 2014, "is well respected for his decades of experience financing M&A transactions." In 2013, “Shur is held in high regard by market sources for his breadth of knowledge and experience in financing transactions.” In 2012, “is both a fabulous individual and a great lawyer.”
• Martindale-Hubbell – AV Preeminent rating
• Best Lawyers in America - New York, 2007 - 2014
• Best Lawyers in America - New Jersey, 2007 - 2014
• New York Super Lawyers, 2009 - 2014
• New Jersey Super Lawyers, 2005 - 2014
• Distinguished Legislative Service Award, New Jersey State Bar Association, 2001
• Special Achievement Award, New Jersey State Bar Association Banking Law Section, 2000-2001

Related Affiliations:

• Vice President of Education, Executive Board, Turnaround Management Association (“TMA”), New Jersey Chapter
• Member, Board of Directors, New York Institute of Credit (“NYIC”)
• Education Chair, Continuing Legal Education Retreat, 2008, Association of Commercial Finance Attorneys, Inc.
• Counsel, International Factoring Association, Northeast Chapter
• Member, American Bar Association, Business Law Section, Commercial Financial Services Committee and Uniform Commercial Code Committee
• Member Emeritus, Board of Directors, New Jersey State Bar Association, Banking Law Section
• Chair, Banking Law Section of New Jersey State Bar Association, 1993-1994

Published Articles:

• “Good Faith in Commercial Transactions – Toward a Uniform Standard,” ABF Journal (October 2013)
• “A Practitioner’s Perspective on the Proposed Article 9 Revisions,” 43 Uniform Commercial Code Law Journal 913 (2011)
• “Prudent Participation - Keeping a Watch on Your Agent Lender’s Health,” ABF Journal (July/August 2009)
• “Factors in the Economic Recovery Central to Loan Participations,” New York Law Journal (April 9, 2009)
• “Parties to Second Lien Financing – Will Their Expectations Be Met in a Workout?” ABF Journal (June 2006)
• “Workout Expectations of Parties to Second Lien Financing Deals,” New York Law Journal (May 3, 2006)
• “UCC Article 9 Revisions in Effect in New Jersey,” New Jersey Lawyer (March 11, 2002)
• “New Article 9: A Commercial Lawyer’s Synopsis,” 116 The Banking Law Journal 843 (1999)
• “Reclaiming Possession of Leased or Sold Goods,” 26 Uniform Commercial Code Law Journal 111 (1993)
• “Equipment Lease or Security Agreement: Determining the Parties’ Intent,” 104 The Banking Law Journal 380 (1987)

Representative CLE Presentations:

• “UCC Article 9 in the Aftermath of the Economic Recession,” New Jersey State Bar Association Business Law Section/Banking Law Section (2011)
• “The Complexity of Article 9 Simplified,” (with Professor William H. Henning), NJ Institute for Continuing Legal Education (“NJICLE”) (2011)
• “Civility and Professionalism,” (with Chief Judge Brown, U.S.D.J. (D. N.J.), Association of Commercial Finance Attorneys Education Retreat (2008)
• “Asset Based Lending,” NJICLE (2004)
• “The Troubled Credit: Turnaround and Restructuring Strategies Before and After Bankruptcy,” NJICLE (2003)
• “UCC Article 9 – Secured Transactions: A Year Later,” NJICLE (2002)
• “UCC Revised Article 9 Default and Enforcement of Security Interests,” American Bar Association, Meeting of Commercial Financial Services Committee, Atlanta, GA (2002)
• “Equitable Remedies Following Default in New Article 9,” New Jersey State Bar Association, Equity Jurisprudence Section (2001)
• “UCC Article 9 Secured Transactions – The Rules Have Changed,” (with Donald J. Rapson, Esq. – member, Permanent Editorial Board for the Uniform Commercial Code) NJICLE (2000)
• “New Jersey Revisions to the Uniform Commercial Code,” (with Professor Amelia H. Boss and Donald J. Rapson, Esq.) NJICLE (1991)

Representative Presentations and Lectures:

• “Lenders Panel – Customer Trends and Issues,” NYIC/CFA/TMA, Villanova University, PA (2014)
• “Current Transactional Issues in Commercial Lending,” NYIC/Commercial Finance Association (“CFA”), New York City (2013)
• “Today’s Lending Environment: Industry Specific Observations,” NYIC/CFA/TMA, Villanova University, PA (2013)
• “Our Unemployment Conundrum, Part Two – The Influence of Bankruptcy and Reorganization,” (with U.S. Bankruptcy Judges Burns and Lyons) TMA, Princeton, NJ (2012)
• “Financing in Today’s Times,” NYIC/CFA, New York City (2012)
• “Today’s Lending Environment,” – NYIC/CFA/TMA, Villanova University, PA (2012)
• “Our Unemployment Conundrum, How National Issues Affect Restructuring Businesses,” TMA, Princeton, NJ (2011)
• “Gauging the Effect of Our Regional Economic Turnaround: Political and Economic,” TMA, Princeton, NJ (2010)
• “The Current Environment – Lender Roundtable Discussion,” – NYIC/TMA, Villanova University, PA (2010)
• “Sleeping with One Eye Open – Capital Structures Cause Many Sleepless Nights for Workout Bankers,” TMA/Association for Corporate Growth, New York City (2009)
• Lenders Panel, NYIC, Villanova University, PA (2008)
• “The Credit Crisis in Our Region,” (with Senior Credit Officers from Wells Fargo Business Credit, JPMorgan Chase and Bank of America), TMA, Princeton, NJ (2008)
• “Distressed Debt” Segment, CNBC’s Squawk Box (2007)
• “Current Turnaround Trends and Issues,” TMA, Princeton, NJ (2007)
• “Trends in the Growth of Asset Based Lending,” NYIC, New York City (2006)
• “Second Lien Financing,” TMA Regional Conference, Saratoga, NY (2006)
• ““State of Banking – 2006 and Beyond” (with Bank Presidents from North Fork Bank, Commerce Bank and Sovereign Bank), TMA, Princeton, NJ (2005)
• “Accounts Receivable and Inventory Funding after Bankruptcy Code Amendments (Selected Revisions to Bankruptcy Code of Interest to Asset Based Lenders),” NYIC, New York City (2005)
• “Troubled Credits and the UCC,” NYIC, New York City (2003)

Education:

• J.D., Rutgers University School of Law – Camden, 1977
• B.A., cum laude, with high distinction, Phi Beta Kappa, Phi Sigma Iota, Rutgers College, 1974

Other:

• Former member, Board of Directors, American Cancer Society, Middlesex County Unit (NJ); President, 1982
• Former member, Board of Directors, or Counsel, East Brunswick N.J. Baseball League, 1990-2000
• Professional Musician, former member of Local 204, American Federation of Musicians
• Golf advocate, first hole in one obtained July 7, 2013; second hole in one obtained October 12, 2014