Eric Novetsky, partner at Jaffe Raitt Heuer & Weiss, P.C., a leading Michigan business law firm, was named the practice group leader of the firm’s Finance practice group.
As part of his expanded role, Novetsky will manage the firm’s professionals and resources with the goals of providing clients with high-quality and insightful legal counsel in all aspects of their financing matters.
In addition to his new role as practice group leader of the Finance group, Novetsky also heads up Jaffe’s Small Business Administration and Government-Backed Lending practice groups and is a member of the firm’s Insolvency & Reorganization group. He focuses his practice on providing strategic legal advice and business consultation services to clients in all finance matters and specializes in the representation of lenders and borrowers in non-traditional commercial loan transactions, including bridge, government-backed and asset-based financing, His background in insolvency, supply chain management and automotive manufacturing provides a unique perspective and level of expertise for his clientele. He also works with clients to negotiate and document contracts between suppliers, purchasers and customers and works to resolve issues arising within customer and supplier agreements.
As a government-back lending expert, Novetsky has been instrumental to hundreds of small business clients – helping them navigate, access, and understand various lending, grant and other economic relief and stimulus programs during the COVID-19 pandemic.
Novetsky earned his J.D. from Wayne State University Law School, where he graduated cum laude and was honored with induction into the Order of the Coif. He also earned an MBA degree from University of Michigan, Dearborn, and a BA degree in Supply Chain Management from Michigan State University. He is an active member and former board member of the Turnaround Management Association and is routinely recognized by Super Lawyers® as a Rising Star.