Show navigation

Available in:

OnDemand Webinar
Audio & Reference Manual

Restructuring the Commercial Loan

Gain valuable insights on current issues surrounding restructuring commercial loans.

A commercial loan restructuring requires a working knowledge of a number of commercial law aspects, e.g., bankruptcy, transactional and litigation issues. This topic will help provide you with an understanding of these issues from inception through the end of the commercial loan restructuring process. Listen to our panel of experienced counsel provide seasoned advice so that you will be able to understand various issues and approaches to loan workouts; learn the significance of key loan provisions to both borrower and lender, and market trends; and obtain negotiating pointers to benefit your client. You will review strategies related to all stages of loan default and explore the effect of bankruptcy preference and fraudulent transfer law on workouts or modifications. You will also hear current concerns from peers through questions to and answers from our experienced faculty.

Runtime: 93 minutes
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Pre-Deal Planning

  • Identifying Lender and Borrower Issues

- Collateral Coverage and Perfection

- Intercreditor and Subordination Agreements

- Recourse vs. Nonrecourse Issues

  • Securitization Challenges

The Restructuring Phase

  • Analysis of Current Position

- Loan Document Review Issues

- Analysis of Borrower's Financial Condition - Business Ops and Collateral

- Consideration of Rights and Remedies of Other Interested Parties

- Identification of Pros and Cons to Various Other Remedies

  • Consensual Resolution: Negotiating the Turnaround - Implementing the Exit Strategy

- Forbearance Agreements

- Reservation of Rights, Prenegotiation Letters and Default Notices

- Resolving Preferences

- Waivers and Loan Agreement Modifications

- Consensual Restructurings

Alternatives to Consensual Workouts

  • Loan Sales, Secured Party Sales, Retention of Collateral
  • Assignments for the Benefit of Creditors
  • Receiverships
  • Bankruptcy Issues

- Debtor in Possession Financing and Exit Financing Issues

- Cash Collateral Issues

- Preferences, Fraudulent Transfer and Recharacterization Issues

- Relief From Stay Issues

- Takeaway

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Webinar

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Audio & Reference Manual

This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Victor G. Milione

Victor G. Milione

Nixon Peabody LLP

  • Partner and Practice Group Leader for Nixon Peabody LLP’s Global Financial Restructuring and Bankruptcy Group
  • Practice emphasizes all aspects of financial restructuring and bankruptcy
  • More than 30 years of experience representing various clients including financial institutions, securitization trustees and special servicers in the workout, restructuring and adversarial proceedings involving billions of dollars in commercial loans
  • Ranked as one of the top 25 bankruptcy lawyers in the country by The Deal
  • Recognized as a Massachusetts Super Lawyer in bankruptcy based on a peer-review survey by Boston magazine
  • Frequently writes about and speaks on bankruptcy and commercial law subjects around the country
  • Frequently quoted as an authority on bankruptcy and litigation issues in print media nationwide
  • Taught courses on business and bankruptcy law for area colleges, and has been a guest lecturer on distressed real estate finance at Boston College
  • J.D. degree, Suffolk University Law School; B.A. degree, University of Connecticut
  • Can be contacted at [email protected]
Daniel W. Sklar

Daniel W. Sklar

Nixon Peabody LLP

  • Partner in the Manchester, New Hampshire, office of Nixon Peabody LLP
  • Focuses on all aspects of financial restructuring and bankruptcy with extensive experience in the area of corporate law and commercial transactions
  • Represented debtors, trustees, secured creditors, committees, stockholders, lessors and senior executives in large Chapter 11 cases around the country for more than 30 years and has been involved in a number of international insolvencies
  • Listed in Best Lawyers in America since 1989, recognized for exceptional standing in the legal community in Chambers USA: America’s Leading Lawyers for Business for bankruptcy work and recognized in Chambers USA in previous years, and as a New England Super Lawyer in bankruptcy and creditor/debtor rights based on a peer-review survey by Boston magazine, 2007
  • Adjunct professor of law at UNH School of Law, teaching a course on bankruptcy and reorganization
  • LL.M. degree, Boston University Law School; J.D. degree, cum laude, Boston College Law School; B.A. degree, University of Pennsylvania
  • Can be contacted at [email protected]
Purchase Options

More Program Information

Why Lorman?

Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 399550
Published 2016
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!