Consensual Resolutions of Distressed Loans
Evaluating Modifications, Forbearance Agreements, Deeds in Lieu, Short Sales and Other Options for Loan Workouts
Recording of a 90-minute premium CLE webinar with Q&A
This CLE course will prepare counsel to manage consensual resolution of a distressed loan, utilizing tools such as modifications, forbearance, deeds in lieu, consensual foreclosure, short sales, note sales and consensual bankruptcies. The panel will explain the impact of guarantor recourse on these negotiations.
- Consensual loan resolution agreements
- Deed in lieu of foreclosure
- Sale of the project or the note
- Consensual foreclosures and bankruptcies
- Guarantor recourse
The panel will review these and other key questions:
- What are the crucial considerations for borrowers and lenders when considering the consensual resolution of a distressed loan?
- What are the benefits and drawbacks to each party presented by the different consensual options?
- How does the issue of guarantor recourse affect negotiations and how can it be addressed?
Following the speaker presentations, you'll have an opportunity to get answers to your specific questions during the interactive Q&A.
Adam B. Weissburg
Cox Castle & Nicholson
He has represented borrowers and lenders in all facets of real estate finance, including loan facilities for real... | Read More
He has represented borrowers and lenders in all facets of real estate finance, including loan facilities for real estate developers, acquisition loans, senior secured loans, mezzanine loans, workouts and bankruptcies. His transactions have involved raw land, retail, single and multi-family residences, and hotel and timeshare loans.Close
Gregory G. Gosfield
Klehr Harrison Harvey Branzburg
Mr. Gosfield has a depth of experience in counseling owners, investors, and lenders on debt and equity investments... | Read More
Mr. Gosfield has a depth of experience in counseling owners, investors, and lenders on debt and equity investments across the life cycle of real estate transactions: structuring and private syndications of debt and equity, asset operation and maintenance, and exits by amicable sale and contentious transitions.Close
O'Neill Properties Group
She is General Counsel of O'Neill Properties Group and a partner in O'Neill's captive law firm, Ground Work Law. She is... | Read More
She is General Counsel of O'Neill Properties Group and a partner in O'Neill's captive law firm, Ground Work Law. She is the sole in-house counsel for an over $1 billion portfolio of office, retail, residential and land holdings and more than $300 million in active construction. She supervises all legal aspects of financings, acquisitions/dispositions, leasing, construction matters, and litigation.Close