Gain a thorough understanding of the due diligence considerations, loan administration and enforcement issues of participation loan transactions.

An increasing number of commercial loans are syndicated or participated, and an increasing number of lenders sell interests in loans they originate or acquire interests in loans originated by other lenders.

This webinar will explore loan assignment and participation transactions from the perspective of the originating lender and the assignee or participant. You will learn about the nature, purposes and documentation of these transactions; basic due diligence considerations affecting each party; and loan administration and enforcement issues that arise during the term of a syndicated or participated commercial loan.

AGENDA

The Nature and Purpose of Loan Assignments and Participations

• Similarities and Differences Between Assignments and Participations
  
• Benefits and Risks of Assignments and Participations to the Parties
  
• Agent and Originating Lender Assignee or Participant
  
• Borrower
  
• Basic Document Terms

Due Diligence Issues

• Credit Analysis of Borrower and Other Lenders
  
• Collateral Issues
  
• Documentation Issues

Administration and Enforcement Issues

• Information Flow
  
• Voting Rights
  
• Defaults Within the Lending Group
  
• Loan Default, Workout and Enforcement Issues
  
• Costs and Indemnities

About The Presenter

William R. Wyatt

• Partner in the law firm of Sheppard, Mullin, Richter & Hampton LLP in New York City
  
• Practices in financial transactions, both documenting new transactions, and working out and enforcing defaulted transactions
  
• Represented both institutional lenders and borrowers for more than 25 years
  
• Admitted in California and New York
  
• J.D. degree, Stanford Law School