Attorney Bio

Rick Donovan practices in the areas of commercial banking, creditors’ rights, business and corporate, and real estate law. Within his practice areas, Rick has experience in representing national and regional lending institutions in a variety of commercial loan origination matters, including public and private financing arrangements, lender participations, intercreditor arrangements, construction lending, asset-based and real estate lending arrangements, and warehouse lending arrangements as well as commercial loan workouts, restructures, replevins and foreclosures.

Additionally, Rick regularly assists business and corporate clients with commercial transactions, contract negotiation, corporate affiliations, mergers, acquisitions, business planning, formation, and succession, ownership disputes and separation, commercial and residential real estate development, lease, property management, landlord/tenant, and construction matters.

Rick is a Fort Wayne native who graduated from Butler University in 1990 and from Valparaiso University School of Law in 1993.

Legal Assistant:  Arlene Colone


Bar Admissions

  • Indiana, 1993
  • U.S. District Court Northern District of Indiana, 1993
  • U.S. District Court Southern District of Indiana, 1993


  • Indiana State Bar Association: Healthcare and Medicine, Business Law Sections
  • Indiana Bankers Association: Associate Member
  • American Legal and Financial Network: Member – Commercial Section
  • Building Contractors Association
  • National Health Lawyers Association


  • AV Preeminent® Rating from Martindale-Hubbell®

Services Provided

Banking Law and Creditors Rights Practice – Representative Experience

  • Commercial Development and Construction Financing Projects
  • Multi-Family Housing Development and Construction Financing Projects
  • Assisted Living Development and Construction Financing Projects
  • Multi-Use Development and Construction Financing Projects
  • Development and Construction Projects involving a combination of public and private funding sources, including Low Income Housing (LIHTC), Historic (HTC), Community Revitalization Enhancement District (CReED), Tax Increment (TIF), and New Market Tax Credits
  • Multi-Lender loan syndications and participations
  • Warehouse lending transactions
  • Commercial loan restructures and forbearance arrangements
  • Foreclosure actions, replevin actions and related distressed loan workout services
  • Commercial loan and portfolio sale transactions

Corporate Law and Real Estate Law – Representative Experience

  • Mergers, acquisitions and recapitalizations of businesses
  • Formation of new business entities
  • Business succession and exit strategies
  • Non-disclosure, confidentiality and non-compete negotiations
  • Corporate governance issues
  • Owner and shareholder disputes
  • Complex contractual matters and negotiations
  • Representation of commercial and residential real estate developers
  • Representation of homeowners associations
  • Drafting of neighborhood restrictive covenants
  • Conveyance, title and easement issues
  • Survey and boundary disputes
  • Lease, property management and landlord/tenant issues
  • Mechanic’s lien issues


Speaking Engagements

  • Northern Indiana Chapter of Risk Managers Association and Indiana Commercial Board of Realtors “Tax Credit Financing for Real Estate Development” May 2016

Community Involvement

  • Mad Anthonys: Board of Directors
  • Amateur Sports Academy: Board of Directors
  • Indiana Board of Educators/IHSAA Case Review Panel Member
  • Bishop Dwenger High School: Former Member Board of Education
  • Boys & Girls Clubs of America: Former Member Board of Directors