Workshop

#1 Pre-Conference Workshop

Fundamentals of Bankruptcy & Foreclosure Law

Monday, October 6, 2008 | 9:00-Noon

This tutorial will review steps commonly encountered in recovering commercial real estate collateral so that attendees will be better prepared to deal with troubled assets. The tutorial will include the following topics:

• Processes and procedures typical for commercial mortgage foreclosure
• How to assess bankruptcy risk and what a bankruptcy restructure entails for debtors and creditors
• How to prepare for a possible foreclosure
• Creative use of the foreclosure and bankruptcy process

Presenters:

Ronald Barliant, Principal, GOLDBERG KOhN LLP
Michael B. Manuel, Principal, GOLDBERG KOhN LLP
Michael Seese, Partner, KLUGER PERETZ KAPLAN & BERLIN DISTRESSED ASSETS GROUP

#2 Pre-Conference Workshop

“Stress-Testing” Commercial Real Estate Loans and Portfolios

Monday, October 6, 2008 | 1:00-5:00 p.m.

As various influences come into play—in this case, external events created by adverse developments resulting from a variety of causes (interest rate increases, declines in property values, etc.)—banks must reassess the degree of protection accorded by the borrowers’ and guarantors’ ability to repay and protection provided by equity in collateral properties.

This workshop will discuss how to stress test loans as interest rates and deteriorating creditworthiness of the borrowers change the risk picture. It will give you the tools to assess how market conditions will affect firstorder credit risk, as well as exposures that result from some types of derivative transactions and those related to collateral whose value is tied to the creditworthiness of the borrower.

Presenters:

Dirk S. Aulabaugh, Senior Director, ALVAREZ & mARSAL REAL ESTATE ADVISORY SERVICES LLC
Bruce Gamble, Managing Director, ALVAREZ & mARSAL REAL ESTATE ADVISORY SERVICES LLC
Jerry Pietroforte, Managing Director, ALVAREZ & mARSAL REAL ESTATE ADVISORY SERVICES LLC