The chaotic economic environment brought on by the coronavirus pandemic has led to a rise in distressed companies. Lenders and creditors face an unprecedented challenge of navigating a high volume of loans in distress.
Legal teams supporting lenders need to quickly assess best practices for dealing with these distressed loans, all while navigating tightening budgets and a hazy timeline for recovery.
Our experts on workout, loan restructuring and special assets management will share their combined knowledge on how to address this growing issue.
Discussion will focus on:
- Managing challenges for businesses with high volumes of commercial loans amidst an economic crisis
- Prioritizing key clients and handling deteriorating relationships
- Supporting lending teams and special asset groups that are dealing with distressed commercial loans
- Getting ahead of deteriorating loan portfolios, including loan forbearance drafting and management at scale
- Addressing unique concerns, including preference litigation and real estate-specific challenges
Presenters:
Marc Allon, Axiom Financial & Bankruptcy Lawyer
Jack Lundstedt, Axiom Financial Restructuring & Commercial Contracts Lawyer
Moderator:
David Feldman, Director of Solutions Marketing, Axiom
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