Given the trade wars and COVID-19 pandemic, the agricultural industry has experienced financial stress not seen since the 1980s. This panel will address underlying issues impacting the agricultural industry, and how to manage troubled credits during these...
In this joint program from TMA Northern Ohio and RMA Risk Management Association, learn the key skills required of a workout banker and how the role differs from a traditional commercial lending position.
Lenders and their special assets groups face many new challenges brought on by COVID-19. While the full extent of the damage to the economy is unknown, Lenders are gearing up for the fall-out and an increased reliance on their workout professionals. As...
CARES Act Considerations: Small and Midsized Companies Seeking Relief
Even the heartiest of companies is ailing in these challenging times, but navigating the landscape of available resources (including the CARES Act) is daunting. Speakers discuss what resources and...
In response to the rapidly changing climate and uncertainties surrounding COVID-19, Liquidity is King. Join our panel of experts for an informative discussion of how the virus has impacted lending along with the availability of SBA loans through the CARES...
Debtor-in-possession (DIP) financing is commonly used to fund operations during Chapter 11 restructuring and takes priority over existing claims. In some recent bankruptcy cases, last-minute loans and other liquidity infusions before filing...
“Neither a borrower nor a lender be; For loan oft loses both itself and friend” - Hamlet, Act I, Scene III. If Shakespeare were a distressed investor in today’s environment, he might change his view. A low inflation and low interest rate economy in the U.S. has fueled the emergence of turnaround...
Bankruptcy provides debtors with important advantages for dealing with insolvency, but if bankruptcy is impractical or undesirable, alternatives such as ABCs, UCC Article 9 sales, and receiverships can often achieve similar results more quickly and with less...
On April 19, 2019, Bankruptcy Judge Robert D. Drain of the Southern District of New York announced his much-anticipated ruling determining the appropriate rate of interest on the replacement notes issued under Momentive’s Chapter 11 plan. The ruling culminated a cramdown contest that had weaved its...
