Tranched Loan Workouts, Forbearance & Restructuring

Location

Webinar


Date & Time

Start Date: 11/18/2020
Start Time: 2:20 pm
End Time: 3:00 pm ET

 

Bill Davis will be presenting on a panel titled "Tranched Loan Workouts, Forbearance & Restructuring" at the Real Estate Mezzanine & Distressed Debt Virtual Forum. The panel discussion will cover but is not limited to the following:

  • Best practices in negotiating a workout as a borrower with a tiered lending structure
  • Lender strategies for managing a defaulted loan – forbearance and restructuring
  • Understanding payment priorities under tiered lending structures
  • How have courts dealt with pandemic-related challenges to disposition of mezz collateral?
  • What are the requirements for a disposition to be “commercially reasonable” under Article 9 of the UCC (e.g. process, valuation/sale)?
  • Are there any benefits to sales under Section 363 of the Bankruptcy Code over dispositions under Article 9 of the UCC?
  • How have courts dealt with “bad boy” carve outs in nonrecourse loans where there were allegations of misrepresentation by the borrower?

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Attorneys

William F. Davis

Vice Chair, Real Estate

wdavis@cozen.com

(212) 883-4947

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