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.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.