This program is an “eLecture” to be webcast by MCLE on Thursday June 1, 2023 from 2:00 – 5:00PM. See below for more information and click here to register.
Commercial loans are a key source of working capital for businesses. Structuring, documenting, and closing a commercial loan transaction from term sheet to funding requires bank and finance lawyers to have a firm grasp of all aspects of commercial loan documentation and relevant commercial law. Hear our panel of experienced lawyers discuss these important topics in the context of today’s commercial lending environment and provide an overview of the key provisions of the basic loan and security documents with an emphasis on the best practices for mitigating risks and negotiating these documents—whether as borrower’s counsel or lender’s counsel. Bring your questions to customize this highly focused, moderated dialogue with the experts.
Agenda
- Foundations of Commercial Loan Transactions: Commercial loan deal structures and key terms
- Closing Agendas and Getting the Deal Done
- Drafting the Deal Documents: Guaranties; Recourse v. non-recourse obligations; Third-party agreements landlord lien waivers/access agreements and debt subordination agreements
- Real Estate Collateral Documentation: Mortgage/deed of trust; Assignment of leases and rents; Subordination, non-disturbance and attornment agreements
- Personal Property Collateral Documentation: Security agreements and perfection requirements; Special perfection issues
- Equity Loans, Warrants and Profit Interests: Warrant agreements; Change in control
- “Ask the Experts” Q&A Session
Chair
Jamie N. Class, Esq., Foley & Lardner LLP, Boston
Faculty
Matthew P. Doring, Esq., Nutter McClennen & Fish LLP, Boston
Sean W. Gilligan, Esq., Gesmer Updegrove LLP, Boston
Felisa E. Sanchez, Esq., K&L Gates LLP, Houston