Loan Documentation for Lenders II

Demanding federal and state statutes and regulations make efficient and accurate loan documentation increasingly difficult. Zealous bank examiners, judges and even juries are poised to crack down on the slightest mistake. All bank personnel, from the junior loan officers to the president, face the challenge of keeping up-to-date with constantly shifting legal and regulatory realities. Each lending officer must have an intimate, working knowledge of even the most subtle aspects of the loan documentation process.

Enigmas lurk everywhere! Lender liability theories have exploded, exposing banks to damages even before a loan commitment has been made. Court rulings have created potential liability for the costs of cleaning up hazardous waste sites and the irreparable harm done to the environment. Certain types of collateral, such as deposit accounts, insurance policies and 
intellectual property require specialized knowledge of the Uniform Commercial Code. There are risks inherent in the use of the increasingly popular letter of credit, and guarantors are devising outlandish defenses when called upon to make good on their obligations.

This refreshing, banker-oriented seminar will help you keep your skills current and will have a positive impact on your bank’s bottom line! Bill Henning is a nationally-recognized expert in the field of loan documentation and has been lecturing to bankers and lawyers for years.

Henning’s vast knowledge, combined with his unique ability to educate you on the “hidden dangers” of the process, offers immediate, positive solutions to your due-diligence questions. His program is updated continuously and provides each financial services professional with practical solutions that can be effectively integrated for documented results.

Program Outline & Schedule (6 hours)

[Part I: 90 minutes]

Lender Liability for Pre-Commitment Conduct

Limiting Liability for Environmental Hazards

[15 minute break]

[Part II: 90 minutes]

Special Problems with Deposit Accounts, Insurance Policies and Collateral Governed by Federal Law (Including Intellectual Property)

[Lunch]

[Part III: 90 minutes]

Common Problems with Standard Notes (Including Proper Signature Form)

Letters of Credit

[15 minute break]

[Part IV: 90 minutes]

Dealing with Guarantors

The Benefits of Arbitration

Participation Agreements

[Adjourn]