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The Return of the Workout: Workouts from the Lender's Perspective

June 17, 2020
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DateJune 17, 2020
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    Overview

    After a long hiatus, workouts are back. Please join our distinguished panel to discuss workouts and workout fundamentals from the lender’s perspective. This is the first of a four-part series on workout and bankruptcy fundamentals. Great for newcomers to the workout world, as well as seasoned veterans. 

    Topics for our first session include:

    • The Ten Commandments to avoid lender liability
    • Warning signs that trouble is ahead
    • Structural issues with loans, including upstream and cross-stream guarantees, lien perfection, and documentation deficiencies
    • Documenting the workout: preworkout letters, default letters, and forbearance agreements
    • Alternatives for lenders: waiver, restructure, forbearance, orderly wind down, bankruptcy, and enforce rights and remedies under the loan documents and applicable law
    • Lender document retention policies and discovery

    Panelists:

    • Rachel L. Wolock from Dickinson Wright PLLC
    • Peggy Cummins from Four C’s Consulting, LLC
    • Douglas A. Wilterdink from DWH, LLC

    Moderator: Marc Swanson from Miller, Canfield, Paddock and Stone, PLC 

    To register for the webcast, please click here.