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Financial Poise™ and West LegalEd Center Premiere "A Distressed Company and its Secured Lender," on September 6th at 2:00 PM CST

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Financial Poise™ Webinars and West LegalEd Center are pleased to announce the September 6th premiere of a new webinar "A Distressed Company and its Secured Lender," which discusses the industry norms and practices that secured lenders and advisors to distressed companies tend to follow when dealing with a defaulting borrower.

CHICAGO (PRWEB) August 31, 2018

Companies fail all the time, for all sorts of reasons. Some companies become distressed, or even insolvent, because of mismanagement; others because of fraud; others for myriad other reasons- some intrinsic to the company and some extrinsic.

Regardless of the cause, failing or failed companies create a unique set of issues, risks, and even opportunities for all involved. This area of law and finance has become so specialized that no fewer than five (American Bankruptcy Institute; Association of Insolvency & Restructuring Advisors; Commercial Law League of America; National Association of Federal Equity Receivers; Turnaround Management Association) national organizations exist to help those who specialize in the field to stay up to date on the latest developments, strategies, and tactics in the area. This Financial Poise RESTRUCTURING, INSOLVENCY & TROUBLED COMPANIES 2018 webinar series provides an understanding of these issues and risks, in addition to guidance as to strategies for harnessing opportunities arising from these failing/failed companies.

The fourth episode of the series is A Distressed Company and its Secured Lender and airs on September 6th at 2:00 PM CST (Register Here) and features Moderator Jonathan Friedland of Sugar Felsenthal Grais & Helsinger. He is joined by Andrew J. Currie of Venable LLP, William Henrich of Getzler Henrich & Associates LLC, Rick Rosenbloom of Fuel Break Capital Partners, and Todd Zoha of Morris Anderson.

Most businesses of any meaningful size in the United States have a line of credit or term loan with a bank or other lender that is supported by a lien on substantially all of the assets of that business. And a secured lender's agreement with its borrower commonly provides the lender with very strong legal remedies in the event the borrower defaults on the loan (whether the default is a "payment default" or a "covenant default").

What can a secured lender do upon a borrower's default? What will a lender actually do upon a borrower's default? What factors can and should a secured lender consider when deciding what action to take? What can and should a borrower do in this situation? This webinar discusses the industry norms and practices that secured lenders and advisors to distressed companies tend to follow when dealing with a defaulting borrower. It paints a picture of the path a "workout" may follow, discusses the leverage points that both the secured lender and the borrower may have, and explains the various possible outcomes.

The RESTRUCTURING, INSOLVENCY & TROUBLED COMPANIES 2018 Series is produced by Financial Poise.™ The final episode in the series is "Federal Equity Receiverships - 101" airing on October 4th. All episodes premiere live at 2:00 PM CST and will be available live through West LegalEdCenter and then on-demand following the live premiere.

As with every Financial Poise Webinar, each episode is delivered in Plain English understandable to investors, business owners, and executives without much background in these areas, yet is also valuable to attorneys, accountants, and other seasoned professionals. And, as with every Financial Poise Webinar, each episode brings you into engaging, sometimes humorous, conversations designed to entertain as it teaches. Each episode in the series is designed to be viewed independently of the other episodes, so that participants will enhance their knowledge of this area whether they attend one, some, or all episodes.

About Financial Poise™

Financial Poise™ has one mission: to provide reliable plain English business, financial and legal education to investors, private business owners and executives, and their respective trusted advisors. Financial Poise™ content is created by seasoned, respected experts who are invited to join our Faculty only after being recommended by current Faculty Members. Our editorial staff then works to make sure that all content is easily digestible. Financial Poise™ is a meritocracy; nobody can "buy" her way onto the Financial Poise Faculty.™ Start learning today at https://www.financialpoise.com/

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