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Attorney Frank Simon brings a quartet of skills to his work: as a litigator, a workout attorney, as a receiver for distressed properties, and as a licensed real estate broker.

“These areas of expertise go hand-in-hand and allow me to create great value for clients with their legal matters,” he says.

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For Frank R. Simon, growing up in the family business meant using “business” in the plural form: his family owned several of them, from retail to service to manufacturing.

In that environment, he also gained insight into the relationshipbetween family members and attorneys.

But Simon said he noticed troubling things within those affairs. Misunderstandings on project expectations. Unrealized results. A lack of cost-effectiveness. Projects not done on a timely level. So he decided to go to law school and be the kind of attorney he wished he could have had working with his family.

Now Simon wears many hats in his Bloomfield Hills-based corporate law practice Simon PLC — among them, commercial litigator, loan workout attorney, distressed property receiver and real estate broker. His name has been seen more frequently in the news in 2015, as he was appointed by Oakland County Circuit Court as the receiver for Southfield’s now-shuttered Northland Center mall. The landmark shopping center fell into receivership when its owner defaulted on a $31 million loan.

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Frank Simon is a founding member and shareholder of a boutique law firm, Simon PLC, where he leads a team of attorneys specializing in representing financial institutions.

The Team has extensive experience with commercial lending, loan documentation/reviews, banking litigation, workouts, collections, bankruptcy, real estate matters, creditor's rights, insolvency proceedings, negotiable instrument law, and UCC issues. The firm also has expertise in the areas of real estate and corporate matters.

Mr. Simon enhanced his commitment to the representation of financial institutions by completing a three-year program at the Graduate School of Banking (GSB) at the University of Wisconsin - Madison in 2003. Besides Michigan, he is also licensed in Illinois, New York, and Washington DC.

 

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