Mark D. Walz
Mark is commercial business attorney with over 30 years of experience, helping his clients in a variety of matters, from drafting day-to-day business contracts to representing his clients before the Iowa Supreme Court.
Mark’s clients are located locally and internationally, from Iowa to Italy, and span the private and public sectors. He represents mortgage companies, banks and other financial institutions, creditors, lenders including senior secured lenders and mezzanine lenders, debtors, cooperatives, construction, agribusiness, manufacturing, and holding companies.
Out of state law firms and lawyers, including McGuire Woods and Weil, Gotshal & Manges, often depend on Mark's local counsel expertise for bankruptcy, commercial business, and litigation matters.
Bankruptcy and Creditors’ Rights
Mark represents creditors in both consumer and business bankruptcy matters in state, federal, and bankruptcy court. He has also represented debtors and creditors in state and federal court in proceedings involving commercial law, real estate, secured transactions, asset-based lending, debtor-creditor rights, and business litigation issues. Mark is frequently asked by creditors to represent them in bankruptcy adversary proceedings related to their debtor’s bankruptcy.
Mark’s commercial business practice encompasses a broad spectrum of projects and clients in which he often serves as outside general counsel. In addition to a plethora of transactional work, he has drafted or reviewed a wide array of commercial and business documents including construction agreements, noncompetition agreements, contracts, loan documents, licenses, master servicing agreements, lease agreements, participation agreements, letters of credit, and corporate compliance documents.
Mark’s 30 years of experience advising businesses provides clients with an advantage during litigation. His business acumen helps him recognize issues and better evaluate the strength of a case.
Mark litigated one of the only court cases in the last five years to allow a creditor to pierce the veil of a corporate entity. Mark argued that the owners of an LLC should be held personally liable for the debts owed to his client because the LLC was a shell company. Mark prevailed for his client in court and the Iowa State Court of Appeals affirmed the decision.
Mark also helps clients avoid costly court litigation by advising in mediation and arbitrations. When his creditor clients are owed significant sums, they rely on Mark’s experience and counsel to help them decide whether litigation is the right choice. In many instances, it is optimal to devise debt restructuring strategies that end in a more favorable outcome for both parties.