Jul 26, 2013

Chuhak & Tecson elevates one attorney to shareholder, one to principal


Adam Moreland was recently elevated to shareholder and Kimberly
Boike was elevated to principal.

Chuhak & Tecson, P.C., is pleased to announce the recent elevation of two attorneys: Adam Moreland from principal to shareholder and Kimberly Boike from associate to principal.

Moreland, a graduate of DePaul University College of Law, is a banking attorney practicing in the areas of corporate transactions and business law, litigation and real estate. He serves on the firm’s management committee.

Boike is a corporate attorney focusing on healthcare and not for profit entities. A graduate of Loyola University Chicago School of Law, she serves on the firm’s marketing committee and has been named to the Illinois Super Lawyers Rising Stars list annually for the past four years.

“Our firm is excited about the elevations of both Adam and Kim because they epitomize the entrepreneurial spirit of Chuhak & Tecson,” said Andrew Tecson, president. “They are always ‘right there with’ our clients.

Moreland’s extensive banking knowledge and experience range from front-end transactions to structured workouts to litigation. He works with lenders not only to favorably structure real estate and asset-based loan transactions, but also negotiate and draft the loan and collateral documents. He advises in bankruptcy proceedings, workouts and other creditors' rights matters and represents financial institutions in liability suits.

Small businesses and financial institutions benefit from Moreland's counsel in the purchase and sale of assets and real estate, litigation, franchising, leasing and other contract issues. He works hard to build his clients’ trust into long-term business relationships.

“Whether the project is a transaction or litigation, I work with each client to recognize their end goal,” Moreland said. “I try to come up with the most efficient and expeditious way to get there, keeping in mind their cost limitations and timing constraints.

“There are always creative ways to come up with a winning solution for the client,” he added.

Tecson praised Moreland’s approach to building lasting relationships with his clients.

“Adam is dedicated to providing extraordinary client service,” Tecson said. “He has wonderful people skills which are essential to getting deals done and helping clients and their counterparts get to ‘yes.’”

Moreland said the support he gets at Chuhak & Tecson has been the foundation for his success.

“We have a tremendous staff across the board,” he said. “When all of the support and professional staff are at the top of their game, it makes the delivery of your product so much easier.

“In the banking group, we have 20 or so attorneys with experience doing pretty much anything and everything related to banking,” Moreland said. “Because of the bench strength we have here, I’m able to expand what I can offer existing clients and also go out and find new business.”

Moreland never set out to become a lawyer; his undergraduate goal was to work as a research chemist, but along with his science degree came the realization that chemistry wasn’t what he really wanted to do.

“The nice thing about studying a hard science is that it’s all analytical,” Moreland said. “At the end of the day it’s problem-solving, so I just do that in a different form now. The analytical skills that I developed in the lab have served me well in the law firm.”

Like Moreland, Boike did not originally intend to become an attorney. She wanted to be a psychiatrist but was drawn to the field of law after working a summer job in a law office during college. A few years later, another summer job—clerking at Chuhak & Tecson—helped her find her niche as a corporate healthcare attorney.

“I always thought I’d be a doctor, and now I get to work with doctors and hospitals on a regular basis,” Boike said. “What I enjoy about healthcare is that it’s a highly regulated field, and with so many laws and regulations that are always changing, it’s very exciting to work in this area.”

Boike successfully navigates hospitals and continuing care retirement communities through mergers and acquisitions. She advises on corporate structure and medical staff issues, obtaining tax-exempt bond financing, admissions procedures, affiliation agreements, and compliance with federal fraud and abuse laws and federal Stark Law.

In addition to her healthcare practice, Boike was instrumental in founding the firm’s twelfth and newest practice group, Not for Profit & Mission-Based Organizations.

“I helped found the group because of all the work our attorneys were already doing in the not for profit space,” Boike said. “Setting up family foundations, representing small not for profits such as food pantries, representing large, not for profit healthcare systems—our attorneys have been doing this since the start of the firm in 1987, so it was a perfect fit as a formalized practice group.”

Boike’s favorite kind of day is one where she gets out of the office to visit clients at their places of business.

“I enjoy not just the legal side but also the operational side of our clients’ businesses,” Boike said. “Knowing what’s important to them, what makes their business go, what they are concerned about. You’re seeing what they do on a day-to-day basis. It helps from a strategic perspective so we know how a decision will impact every part of their business, not just the issue at hand.”

This approach serves Boike well as an attorney, Tecson said.

“Kim always develops an in-depth understanding of her client’s business,” Tecson said. “She uses her superb analytical skills to bring clients innovative solutions which are totally in sync with their mission.”

Boike enjoys a lively speaking schedule on topics of interest to healthcare and not for profit organizations. She recently addressed physician residents at Duke University School of Medicine to help them better understand the business side of practicing medicine.