Licensed to practice since 2008, Thomas Howard learned the commercial workout business from his father, Timothy Howard before his retirement from Howard and Howard. Over the past decade, he has assisted numerous financial institutions in complex commercial work outs involving some of the most sophisticated financial products in the banking industry, from participation loans to mortgage backed securities and everything in between. Mr. Howard joined Hall Rustom and Fritz in June of 2018 to expand his legal offerings to business clients to include a higher level of service through his knowledge of technology.
He brings to Hall Rustom and Fritz a practice specializing in creditor’s’ rights, loan documents and related contracts, Uniform Commerical Code issues, replevins, guaranty actions, and bankruptcy. He has successfully resolved numerous multi-million dollar non-performing loans for many community banks throughout Illinois. As a result of his efforts, Mr. Howard earned Rising Stars by Super Lawyers, and as an Emerging Lawyer by Leading Lawyers from 2015 to 2018.
Mr. Howard represents financial institutions and business creditors in commercial litigation and bankruptcy matters. He has a broad experience in real estate mortgage foreclosures, replevins of personal property and suits on notes and guaranties. He also represents creditors in loan workouts and in bankruptcy matters to enforce their rights.
Mr. Howard also has developed several websites and various software applications. WorkVisas.Solutions expands his offerings to businesses that have corporate immigration needs to keep the world’s best talent working in the United States. Mr. Howard is a member of the American Immigration Lawyers Association (AILA) and sits on the Illinois State Bar Association’s (ISBA) section council on Immigration Law.
Mr. Howard owns a tech company named Stumari, which he uses to expand his service offerings into the issues faced by tech companies in their privacy polices, terms of service, contracts with developers, business formation and fundraising issues.
Mr. Howard also advises businesses and financial institutions in the the incipient marijuana industry. He frequently publishes articles on the same and has even published a book on the history of the marijuana laws. He often posts YouTubes regarding issues faced by the cannabis industry, and advocates for allowing cannabis businesses to access banking services by dropping cannabis from the Controlled Substances Act, which requires an act of Congress.
Mr. Howard is admitted to practice in the States of Illinois and Wisconsin as well as the United States District Court for the Eastern District of Wisconsin, plus the Central, Northern, and Southern Districts of Illinois. He is a member of the ISBA’s Standing Committee on Immigration Law, Judicial Evaluations outside of Cook County, and Commercial Collections, Banking and Bankruptcy.
Mr. Howard concentrates his practice in commercial banking, bankruptcy, and business litigation and loan workouts. He is admitted to the Illinois bar, the Wisconsin bar, the United States District Court for all Illinois Districts, and the United States Court of Appeals, Seventh Circuit..
He received his B.A. from Illinois Wesleyan University in 2002 and J.D. from Marquette University Law School in 2008. After completing law school he earned his Series 7 & 66 securities licenses and briefly worked as a stockbroker before using his law degree to work through the mortgage foreclosure crises from the market crash of 2008.