Negotiating Real Estate Loan Terms and Workout Options

Vorys partner Elia Woyt spoke at the National Business Institute’s Negotiating Real Estate Loan Terms and Workout Options seminar on March 7.

Mr. Woyt discussed loan workouts and touched on the following points:

• Forbearance agreements – structure and important provisions
• Deeds in lieu of foreclosure – non-merger provisions
• Remedies
• Lender liability issues
• Rent attachment – cash management agreements
• Receivership
• Pursuit of guarantors
• Deficiency judgment issues