Overview
Banker and Lender Strategies for a Post-COVID-19 World
Link coming soon.
Speakers
Michael G. Dailey, Partner, Dinsmore
Martin B. Tucker, Partner, Dinsmore
WSG member firm, Dinsmore, hosted a 60-minute webinar discussing Banker and Lender Strategies for a Post-COVID-19 World.
The issues bankers and lenders are currently facing are unprecedented but have similarities to situations our lawyers have worked through many times. During the Great Recession and similar downturns, we developed experience helping the banking sector deal with volatility and uncertainty. We understand how to mitigate the impact of any crisis and guide you through your options not only for your own businesses, but also those related to the businesses and financial health of your borrowers and customers.
The panel of attorneys covered how lenders and bankers can prepare for what happens after the initial impact of the COVID-19 pandemic subsides.
Learn the following:
- Evaluating options that may be available to you and your borrowers
- Evaluating the "new world" of lending and new problems and challenges
- Managing payment deferrals, loan modifications, and forbearances
- Monitoring your borrower's business for signs of life or further signs of trouble
- Determining when your borrower deserves more time and, maybe more importantly, when it doesn't
- Anticipating lender liability and similar claims and taking steps to avoid them
- Preparing for bankruptcies and maximizing your position and strength
