| The Commercial Finance
Association |
Education
- Educational Programs;
Bankruptcy Workshop |
| Workouts & Bankruptcy
Workshop |
| A three-day overview of
the Workouts and Bankruptcy process. The goal is to provide
lenders with the resources to make prudent decisions and
to adopt proper procedures in distressed situations. Topics
include Consensual Workouts In and Out of Bankruptcy,
Adversarial Bankruptcy Proceedings, Dispositions of Collateral,
Third Party Issues, Reorganization Planning and Financing
Opportunities in Bankruptcy/Debtor-In-Possession Financing. |
| Recommended For |
| Account Managers, Loan
Officers, New Business Staff, Credit Officers and others
with a minimum of two years of asset-based lending experience. |
| PROGRAM
OUTLINE |
| Module 2: |
Overview of Workout & Bankruptcy
Process |
|
- Introduction of Basic Concepts
- Understanding the Legal Framework |
| Module 3: |
Consensual Workouts |
|
- Assembling the Workout team
- Identifying default & issuing notice
- Forbearance Agreements - Debt Restructuring Agreements - Dealing with
Dissident Creditors - Protecting the Consensual Workout from Bankruptcy
- Required Bankruptcy |
| Module 4: |
Protecting & Enforcing
Secured Claims in Bankruptcy |
|
- Basic Legal Concepts
- Preserving and Enforcing
Secured Claims - Trustees, Examiners & Conversions |
| Module
5: |
Asset Sales in Bankruptcy |
|
- Sales Under UCC Article 9
- Sales Under Bankruptcy
Code |
| Module
6: |
Financing in Chapter 11 Case |
|
- Use of Cash Collateral
by the Debtor-In-Possession
- Secured DIP Financing : Take-Outs, Roll-Ups &
Hybrids
- Financing the Non-Debtor Buyer - Exit Financing |
| Module
7: |
The Plan of Reorganization |
|
- Plan Basics
- Competing Interests
that Drive the Plan Process - Plan Creation - Negotiation Strategies
- Plan Confirmation |
|
| - Summary & General Questions |
|