This CLE webinar offers legal counsel practical tips and best practice strategies on how to avoid common pitfalls in drafting and negotiating bad boy guaranties.
- Types of non-recourse carve outs and how to draft them
- Legal and practical ramifications for the guarantor of a defaulted loan under a carve-out guaranty
- Key strategies for avoiding and resolving disputes involving these provisions
- Best practices for analyzing operative provisions in bad-boy guaranties
- Recent court cases and how courts generally interpret or enforce “bad boy” guaranties
- Specific events that will trigger limited liability
- Strategies for resolving disputes in bankruptcy
- The operative provisions of “springing recourse” and bad-boy guaranties
- Common enforceability issues and how to avoid them
Product ID: 17372
Learn Key Strategies for Avoiding and Resolving Disputes Involving these ProvisionsOrder my recording now
Lorne W. McDougall
Partner, Locke Lord LLP
Lorne McDougall is a Partner in the Firm's Real Estate Department and is resident in the Boston office. He advises lenders, developers, entrepreneurs, funds and investors in connection with the acquisition, disposition, ownership, use, financing, development, construction, and leasing of commercial real estate. Mr. McDougall has been a member of various Senior Management Committees of the firm for over 10 years.
Continuing Education Units
C4CM provides audio conference attendees with CLE credit processing services. To expedite C4CM processing your CLE request, please complete and submit the evaluation form available from C4CM at the conclusion of the audio conference. It will be necessary to enter the following information: name of each attorney requesting CLEs with full contact information, including e-mail address, bar number, and the state in which the attorney wants credits. Each attorney requesting credits must submit an evaluation.
Please be advised C4CM audio conferences are subject to approval from each CLE issuing organization and approval is not guaranteed (state bar associations in Delaware, Indiana, Kansas, Ohio, and Pennsylvania do not grant CLE credits for audio conferences). The approval process takes approximately 6 – 8 weeks for most organizations but can take as long as 3 – 4 months. You will be notified via e-mail with the final status of your CLE application.
Any person applying for CLE credits must attend the audio conference from start to finish (attendance will be taken for compliance reasons). Requests for CLE credits must be received no later than two weeks following the conclusion of the audio conference or live conference. CLE credits are not available for CD recordings.
If you have any questions regarding CLE credits, contact Jill Adler at 631.368.2082 x 21 or email@example.com.