Commercial real estate financing crashed and burned when the boom ended in late 2007. This seminar will explore how new lower valuations, reduced cash flow, and distress throughout the economy continue to affect commercial real estate borrowers and lenders, and the legal issues their counsel must handle. A faculty of seasoned practitioners will help you beef up legal knowledge that dates back to law school or the last downturn. The speakers will explore categories of distress, and how borrowers and lenders might respond. They’ll look at techniques for resolving that distress, both consensual and nonconsensual. And they’ll offer some predictions about how commercial real estate financing might look in the next cycle, and lessons to be learned from today’s problems.
What you will learn
MANY NEW TOPICS!
- How will securitization look when it revives?
- Future role of the rating agencies
- How financial industry “regulatory reform” will affect commercial real estate lending and securitization
- Lender’s due diligence and strategy for troubled loans
- Common issues and problems in dealing with existing intercreditor agreements
- How do you sell a loan, and how does the process change when a loan encounters distress or default?
- Important bankruptcy and loan enforcement cases decided in the current downturn — and how they will drive tomorrow’s deal structures
plus
- Workouts and defaults, before and after acceleration
- Foreclosures, receiverships, and guaranty enforcement
- What bond buyers want and how it affects commercial real estate financing
- Insurance requirements when a loan encounters trouble
- How construction loans go wrong
- The special problems and issues of syndicated loans
- Analyze an ethics case study, and receive an hour of CLE ethics credit
Sponsor of Event: Practising Law Institute
Where: Baker, Donelson, Bearman, Caldwell & Berkowitz, PC, Memphis, TN
When: January 31, 2011, 8:00 AM - 4:00 PM Central and February 1, 2011, 8:00 AM - 4:00 PM Central
Cost: $1,495.00