Financial Poise Webinars
Practical and entertaining education for business owners and executives, Accredited Investors, and their legal and financial advisors.

A Distressed Company and its Secured Lender

Series: RESTRUCTURING, INSOLVENCY & TROUBLED COMPANIES 2016

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You can view the accompanying slides for free by clicking the “On Demand” button below.

Most businesses of any meaningful size in the United States have a line of credit or term loan with a bank or other lender that is supported by a lien on substantially all of the assets of that business. And a secured lender’s agreement with its borrower commonly provides the lender with very strong legal remedies in the event the borrower defaults on the loan (whether the default is a “payment default” or a “covenant default”).  What can a secured lender do upon a borrower’s default?  What will a lender actually do upon a borrower’s default?  What factors can and should a secured lender consider when deciding what action to take?  What can and should a borrower do in this situation?  This webinar discusses the industry norms and practices that secured lenders and advisors to distressed companies tend to follow when dealing with a defaulting borrower.  It paints a picture of the path a “workout” may follow, discusses the leverage points that both the secured lender and the borrower may have, and explains the various possible outcomes.

Principal Audience: Attorneys and Advisors, Business Owners and Executives

Partner: ChamberWise, West LegalEdcenter


Meet the Panel:


Allen Wilen

Allen Wilen is a Partner in the firm’s Bankruptcy and ...

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Dimitri Karcazes

Dimitri Karcazes is a principal in the Bankruptcy & Creditors’ ...

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Hamid Rafatjoo

Hamid Rafatjoo focuses his bankruptcy practice at Venable on insolvency and ...

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Jonathan Friedland

Jonathan Friedland is a partner with Sugar Felsenthal Grais & ...

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