What workout topics interest you? Any inside scoop?
Once a month, our regular group of authors discuss topics that we view as being of interest (the "hot" topics) in the commercial loan workout arena. We then hash out a list of what we'll write on for the next month.
Identifying "hot" workout topics can be a dangerous thing for lawyers. Yes, we -
- are active in industry organizations (such as the several committees with the Mortgage Bankers Association and working on creating workout data standards through MSMO
- give workout seminars to clients and at legal industry meetings, and
- now handle an increasing number of workouts and bankruptcies every day . . .
BUT as "outside" counsel, we're keenly aware that we are not privy to all of the discussions (both formal and informal) that you, the front-line participant, are having on this growing topic. (There you have it: that long sentence proves I'm a lawyer - which is the reason why we need your help.)
While we believe that we're generally in touch with the market, we understand that we still remain "outside" legal counsel. So, we're looking to you for the "inside" scope on topics of interest.
- Do you have any topics that you'd like us to address in Tough Times?
Please post a comment to give us some guidance.
