In today's corporate debt markets many traditional and non-traditional lenders require guarantees from corporate parents and affiliates, as well as from owners and senior officers-and guarantees come in many forms. Some guarantees are used to add collateral to supplement the borrower's assets. Other guarantees are intended to focus the owner's attention on executing a business plan. In other cases, guarantees are a backstop to restructuring a troubled credit facility. They can cover all of the debt, or just part of it. They can 'spring' up in response to agreed-upon future events. They can be limited in amount or limited to specific collateral. Learn about the many creative alternatives that both the lender and guarantor can develop to satisfy the need for additional credit and focus, while protecting the guarantor.
Course Content
12:00 - 12:01 pmWelcome and Introduction
Sean W. Gilligan, Esq.,
Gesmer Updegrove LLP, Boston
12:01 - 12:10 pm
Guarantor Liability: Consideration Is Required for All Guarantees
Nicole I. Moniz, Esq.,
Goulston & Storrs, PC, Boston
12:10 - 12:16 pm
Guarantor Liability: What Is the Guarantor's Relationship to the Borrower?
Nicole I. Moniz, Esq.,
Goulston & Storrs, PC, Boston
12:16 - 12:22 pm
Guarantor Liability: Is the Guaranty a Fraudulent Transfer?
Nicole I. Moniz, Esq.,
Goulston & Storrs, PC, Boston
12:22 - 12:30 pm
Guarantor Liability: What Is 'Marshalling' and How Does It Work?
Sean W. Gilligan, Esq.,
Gesmer Updegrove LLP, Boston
12:30 - 12:33 pm
Guarantor Liability: What is a 'Springing' Guaranty?
Sean W. Gilligan, Esq.,
Gesmer Updegrove LLP, Boston
12:33 - 12:40 pm
Guarantor Liability: Limited and Limited Recourse Guarantees
Sean W. Gilligan, Esq.,
Gesmer Updegrove LLP, Boston
12:40 - 12:56 pm
'Ask the Experts' Q&A Session and Key Takeaways
Panel
Please Note
This webcast is delivered completely online, underscoring their convenience and appeal.
There are no published print materials. All written materials are available electronically only.
They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.
Speakers
FacultySean W. Gilligan, Esq.,
Gesmer Updegrove LLP, Boston
Nicole I. Moniz, Esq.,
Goulston & Storrs, PC, Boston
