If you work in commercial banking, asset-based lending, secondary lending or special loans, you will not want to miss this morning!

The conference is free but spots are limited and will be taken quickly, so please register today to reserve your seat!

Many bankers expect a mass transfer of accounts into special loans after this year’s annual credit review season, as rising interest rates push risk ratings higher.

Which borrowers should lenders be concerned with? What industries are most at risk? Our panel will share industry benchmarks and metrics that lenders should be aware of and discuss monitoring best practices. The panel will also look at early workout strategies and where lenders are having success (amending loan terms and/or structure, equity injections, etc).

Not all rehabilitation strategies go to plan and a lender will often need to take action to preserve the bank’s collateral.

How much patience should a lender have and when is a formal filing the best solution? Panelists will address these questions and explain how a lender can stay in control in both creditor (receivership) and debtor-driven (NOI / CCAA) proceedings. The panel will also share recent trends and out-of-the-box solutions that have been successfully used by lenders in recent filings.

A lender’s workout strategy is often dictated by what it can and cannot do under a credit agreement.

What are the key areas of a credit agreement to review and understand? What are the areas that typically get lenders into trouble? This panel will cover these questions and also share best practices for negotiating a forbearance agreement when a loan is in default. Finally, the panel will talk about the recent “Duty of Good Faith” that is now required of lenders, as well as other recent legal decisions that impact lenders.