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Online Seminar (Audio & Video)
Online Seminar (Audio & Video)
Microsoft Silverlight
Distressed Commercial Mortgage Loan Workouts (NO CREDIT)
Price: $99.00 (provides online access for 3 months after purchase).
Course №:OL 1710N
Course Level: Advanced
Duration: 4 Hours
Original Program Date: Friday, June 25, 2010
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  Item Description | Faculty | Course Materials
Item Description Back to top
Commercial mortgage loan defaults are expected to reach unprecedented levels this year and next. With lenders still gripping tightly to their funds and unwilling to lend to businesses, refinancing is increasingly difficult to achieve. In this new course, our expert panelists examine the current state of affairs and offer practical insights into how to help your clients through these difficult times. What workout options do your clients really have? How can they be positioned to minimize the impact of these defaults on their businesses? What leverage do your clients have? Creative solutions in dealing with these problems are discussed.
 
Outline of topics:
 
Parties: Behind the Curtain
  • Lender and Debt Participants: Co-lenders or Participants
  • Borrower and Equity Participants
  • Guarantors and Co-guarantors
  • Tenants
  • CMBS and Special Servicer/REMIC Issues
  • Title Insurer
  • IRS - Your Silent Partner

Borrower and Lender Playing in the Out-of-Court Sandbox

  • Pre-Workout Ground Rules
  • Default Notice
  • Perfection of Rents/Lockbox
  • Forbearance
  • Extension
  • Modification
  • Deed-in-Lieu
  • Loan Purchase - Assignment or Payoff
Litigation and The End Game
  • Confession, Receiver, Foreclosure: Claims and Defenses
  • Lender Liability
  • Bankruptcy Foreshadowing Issues

Faculty Back to top
Gregory G. Gosfield, Esq., Klehr Harrison Harvey Branzburg LLP, Philadelphia
Steven Coren, Kaufman, Coren & Ress, P.C., Philadelphia
Frank M. Correll, Jr., Esq., Klehr Harrison Harvey Branzburg LLP, Philadelphia
Gordon Daniels, Esq., Land Services USA, Inc., Philadelphia
Andrew J. Flame, Esq., Drinker Biddle & Reath LLP, Philadelphia
Regina Stango Kelbon, Esq., Blank Rome, LLP, Philadelphia
Wendi L. Kotzen, Esq., Ballard Spahr LLP, Philadelphia
Thomas Miraglia, Esq., Berkadia Commercial Mortgage LLC
Christophe Terlizzi, Principal, Laurier Capital Advisors LLC, Philadelphia

Course Materials Back to top

icon_acrobatThis is a NON-credit course. (Read more)  (1 Page)
icon_acrobatFor those on HIGHSPEED CONNECTION, entire book in one file (500 Pages, 5 MB)
noteFor those on OTHER CONNECTIONS, book in separate files—
icon_acrobatFront Matter (386 KB)
icon_acrobatPart One (1 MB)
icon_acrobatPart Two (2 MB)
icon_acrobatPart Three (1 MB)
htmHelp
icon_acrobatMajor Ethics Rules Changes (Rev. August 2009) (ETHICS COURSES ONLY) (2 Pages, 26 KB)

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