While Paycheck Protection Program loans and stimulus payments helped borrowers survive COVID-19, it didn’t cure underlying economic challenges that many companies face. Lenders must now grapple with resolving distressed commercial, commercial real estate and agricultural loans. One of the possible workout options is the appointment of a receiver for the borrower.
But when is such an action warranted? How do you find the right receiver? And if a receiver is appointed, what can be done to ensure that recovery is maximized while simultaneously minimizing losses and costs? This webinar will provide practical guidance to better enable lenders to make the most of a receivership for their troubled borrowers.
Presenters
Michael D. Fielding, Partner, Husch Blackwell
Bob Koester, Founder/Owner, Bob Koester Business Financial Services
Who Should Attend
Executives, legal counsel and special asset officers for banks, financial institutions, lenders and other vendors that deal with commercial or agricultural borrowers.
Continuing Education Credit
This program is pending approval for Colorado, Illinois, Iowa, Kansas, Missouri, Nebraska, Tennessee, Texas and Wisconsin continuing legal education credit.