From the New York City Bar Association website:
With real estate markets in flux, now is the time to learn about real estate loan “workouts” — the process of restructuring problem real estate loans. Expert panelists will provide an overview of the bankruptcy process and will discuss when restructuring loan obligations is a viable option and how to restructure loans for borrowers in financial difficulty. Among other things, the panelists will cover the lender's due diligence, negotiations, stand-still agreements, forbearance agreements, guaranties, and consensual foreclosures. This program will also cover New York’s new non-judicial foreclosure statute affecting commercial real estate loans.
- 6:10pm-6:45pm - Negotiation & Documentation of Workouts, Richard A. Nardi of Loeb & Loeb LLP