Program Description:

This webinar focuses on evaluating key provisions in financial institution loan documents for loans that are in default. In addition, you will learn important tips for strengthening the documents that you use in future loan transactions. In the current economic environment, loan documents are being more carefully scrutinized. Learn how to evaluate and improve your documents.

This 2-Hour Webinar Covers:

• Types of default provisions
• Notice requirements
• Acceleration provisions
• Remedies after default
• Interest rate increase provisions on default
• Cross default terms
• Cross collateralization terms
• Waivers and releases of claims
• Garnishment language
• Assignment of rents provisions
• Consents to appointment of receivers

Who Should Attend:

This webinar will benefit anyone that deals with loans.

Presenter:

Attorney Douglas L. Waldorf Jr., is a Florida Bar Board Certified Real Estate Lawyer whose practice focuses on banking industry clients. He represents lenders in commercial and residential loan transactions, as well as in mortgage foreclosures, deeds in lieu of foreclosure, forbearance agreements and other matters related to defaulted loan workouts. Prior to joining Henderson Franklin in August of 2003, he served for nearly twelve years as Vice President and Corporate Legal Counsel for SunTrust Bank.

Mr. Waldorf regularly serves as a lecturer on banking matters for the Miami-based Center for Financial Training. He writes The Lender's Perspective, a periodic newsletter for banking industry clients, and has also authored a book entitled, "Bank Loan Defaults: Strategies and Tactics for Lenders in Florida".