Don't Let Bad Get Worse: How to Proceed When a Loan Goes Sideways

Nancy Sabol Frantz and Steve Ostrow lead an interactive program on an important protective strategy to implement when faced with a defaulted or distressed credit facility. They discuss how and why pre-negotiation agreements are critical, and what negative consequences can result for a lender without one.

Discussion points:

• How communications with a borrower could be admissible into evidence
• Practical do’s and don’ts in handling a distressed or defaulted loan
• The problems with informal email correspondence with a borrower