What
are the issues that arise during the term of a syndicated or
participated commercial loan?
Gain a thorough understanding of the due diligence considerations, loan administration and enforcement issues of participation loan transactions.
An increasing number of commercial loans are syndicated or participated, and an increasing number of lenders sell interests in loans they originate or acquire interests in loans originated by other lenders.
This topic will explore loan assignment and participation transactions from the perspective of the originating lender and the assignee or participant.
You will learn about the nature, purposes and documentation of these transactions; basic due diligence considerations affecting each party; and loan administration and enforcement issues that arise during the term of a syndicated or participated commercial loan.
Learning Objectives:
- You will be able to review loan default, workout and enforcement issues.
- You will be able to explain defaults within the lending group.
- You will be able to discuss due diligence issues.
- You will be able to identify the nature and purpose of loan assignments and participations.
This Live Webinar Covers These Hot Issues:
The Nature and Purpose of Loan Assignments and Participations
- Similarities and Differences Between Assignments and Participations
- Benefits and Risks of Assignments and Participations to the Parties
- Agent and Originating Lender Assignee or Participant
- Borrower
- Basic Document Terms
- Credit Analysis of Borrower and Other Lenders
- Collateral Issues
- Documentation Issues
- Information Flow
- Voting Rights
- Defaults Within the Lending Group
- Loan Default, Workout and Enforcement Issues
- Costs and Indemnities
Credit Information (Sponsored by Lorman Education Services)
- CLE
- CPE
- NASBA
For Detailed Credit Information page
click here
Only registered attendee will receive continuing education credit.
Faculty
William R. Wyatt, Sheppard, Mullin, Richter & Hampton LLP
- Partner in the law firm of Sheppard, Mullin, Richter & Hampton LLP in New York City
- Practices in financial transactions, both documenting new transactions, and working out and enforcing defaulted transactions
- Represented both institutional lenders and borrowers for more than 25 years
- Admitted in California and New York
- J.D. degree, Stanford Law School
- Can be contacted at 212-634-3020 or bwyatt@sheppardmullin.com
(Not available outside the US)