Nixon Peabody attorney Mark Berman will be participating in a panel discussion, “Forbearance and Loan Modification Agreements,” part of a half-day workshop presented by Law Seminars International.
Who Should Attend
Everyone involved in commercial real estate, including attorneys, real estate professionals; lenders, owners, investors, guarantors, tenants and consultants
Why You Should Attend
Turmoil in the national and local economies has dramatically affected commercial real estate. Real estate values have declined, lenders have tightened underwriting standards and real estate fundamentals have deteriorated. Both owners and lenders are facing more distressed real estate situations than they've seen in nearly a generation. These circumstances demand creative approaches for resolving defaults, including loan modifications, distressed asset sales and other "workout" concepts.
This seminar will provide an overview of the strategies available for effective workouts from a business and legal perspective. Our panel of experts will describe a range of approaches for dealing with problem real estate from the vantage point of an owner, a lender and a possible purchaser of distressed assets.
What You Will Learn
- Workouts of defaulted loans
- Treatment of intercreditor and subordination issues
- Purchasing defaulted loan positions
- Legal structures for loan acquisitions
- Purchases out of bankruptcy
- Modifying CMBS loans in default
- Issues between holders of different tranches of debt
For more information and to register, please visit www.lawseminars.com.