Return of the Credit Crunch

February 12, 2009
Herrick, Feinstein LLP2 Park Avenue, New York, New York

Due to the overwhelming response for our January credit crunch seminar, Herrick hosted this seminar again. 

Topics discussed:
Bankers' responses to problem loans including loan file review, financial statements, operations and workouts

Lawyers' responses to problem loans including reservation of rights, pre-negotiation agreements, forbearance agreements, reaffirmation of guaranties and other issues

Bankruptcy issues including automatic stays, cash collateral, avoidance actions, debtor in possession financing and process plans

Panelists included:
Stephen Brodie, Partner, Herrick, Feinstein LLP
Stephen Selbst, Partner, Herrick, Feinstein LLP
Andrew Gold, Partner, Herrick, Feinstein LLP