ÿþ<title>Distressed Commercial Real Estate 2010 - Schedule and Faculty</title>

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<b>

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<a target="_blank" href="/Materials/Seminars/57310.pdf">

<img border="0" src="/Materials/Seminars/57310_brochure.jpg" align="right"></a>Distressed Commercial Real Estate 2010 

  Mortgage Loan Workout Agreements</font></b></p>

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Schedule and Faculty</font></p>

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		<i>

		<font face="Arial" size="2">Schedule times listed below are for the live 

		seminar. Times for replays may differ due to varied start times and abbreviated lunch and break periods. 

		Please refer to the </font></i><b>

		<font face="Arial" style="font-size: 9pt">DATES/LOCATION</font></b><i><font face="Arial" size="2"> 

		tab for individual replay start times.</font></i></p>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">8:30   9:00 a.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">CHECK-IN &amp; CONTINENTAL BREAKFAST</font></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">9:00   10:00 a.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><b><font face="Arial" size="2">Effective First Steps for Borrowers</font></b></p>

			<ul>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">borrowers basic options if default is 

			inevitable</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what pre-negotiation strategies work?</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">how do you negotiate with the lender?</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">key timing and strategy decisions</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">due diligence</font></p></li>

			</ul>

			<p style="margin-top: 0; margin-bottom: 3px"><i><font face="Arial" size="2">  Gary C. Eidson &amp; Jim Hajek<br>

			  Phillip L. Kunkel, moderator</font></i></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">10:00   10:45 a.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><b><font face="Arial" size="2">Loan Default and Acceleration Notices 

			and Forbearance Agreements from the Lender s Perspective</font></b></p>

			<ul>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">loan default and acceleration notices</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">restructuring alternatives for the 

			parties</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">forbearance agreements</font></p>

				</li>

			</ul>

			<p style="margin-top: 0; margin-bottom: 3px"><i><font face="Arial" size="2">  Daniel C. Beck &amp; Gene Bygd<br>

			  Phillip L. Kunkel, moderator</font></i></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">10:45   11:00 a.m. </font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">BREAK</font></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">

		11:00   11:45 a.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><b><font face="Arial" size="2">Negotiating and Drafting Modification 

			Agreements</font></b></p>

			<ul>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what are the business and legal 

			issues with respect to a loan modification?</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what are the title insurance 

			implications of a loan modification?</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what are the effects of 

			securitization on a loan modification?</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what are the regulatory aspects of a 

			loan modification?</font></p></li>

			</ul>

			<p style="margin-top: 0; margin-bottom: 3px"><i><font face="Arial" size="2">  Rodney D. Ives, 

			Ryan T. Murphy &amp; John R. Wheaton<br>

			  Phillip L. Kunkel, moderator</font></i></p>

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		<font face="Arial" size="2">11:45   12:45 p.m. </font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">LUNCH (on your own)</font></p>

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		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">12:45   2:00 p.m.</font></p>

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			<p style="margin-top: 0; margin-bottom: 3px"><b><font face="Arial" size="2">Special Circumstances</font></b></p>

			<ul>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">construction loans</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">guarantees</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">environmental claims</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">multiple lender financing</font></p>

				</li>

			</ul>

			<p style="margin-top: 0; margin-bottom: 3px"><i><font face="Arial" size="2">  Steven J. Heim, Phillip L. Kunkel &amp; 

			Sara Peterson<br>

			  Dennis M. Ryan, moderator</font></i></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">2:00   3:00 p.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><b><font face="Arial" size="2">Deeds in Lieu of Foreclosure and 

			Deeds in Escrow</font></b></p>

			<ul>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what are the basic business and legal 

			issues involved in a deed in lieu of foreclosure or a deed in 

			escrow?</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what are the title insurance issues 

			in a deed in lieu of foreclosure or a deed in escrow?</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what constitutes adequate 

			consideration for a lender receiving a deed in escrow as part of a 

			loan workout?</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">what factors do courts consider when 

			deciding whether to enforce a deed in escrow?</font></p></li>

			</ul>

			<p style="margin-top: 0; margin-bottom: 3px"><i><font face="Arial" size="2">  Charles D. Hoyum &amp; D. Charles 

			Macdonald <br>

			  Dennis M. Ryan, moderator</font></i></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">3:00   3:15 p.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">BREAK</font></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">3:15   3:45 p.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><b><font face="Arial" size="2">Tax Implications of Mortgage 

			Modifications, Deed in Lieu, and Foreclosure</font></b></p>

			<ul>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">debt discharge income</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">sale and exchange income</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">income tax assessments and 

			collections</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">1099 form from creditors</font></p>

				</li>

			</ul>

			<p style="margin-top: 0; margin-bottom: 3px"><i><font face="Arial" size="2">  John J. Erhart</font></i></p>

		</blockquote>

		<p style="margin-top: 0; margin-bottom: 3px"><font face="Arial" size="2">3:45   4:30 p.m.</font></p>

		<blockquote>

			<p style="margin-top: 0; margin-bottom: 3px"><b><font face="Arial" size="2">Dealing with the Failed Workout</font></b></p>

			<ul>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">legal remedies for the lender and 

			owner</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">receivership considerations</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">foreclosure</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">Section 363 sales</font></p></li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">credit bids in bankruptcy</font></p>

				</li>

				<li>

				<p style="margin-top: 0; margin-bottom: 3px">

				<font face="Arial" size="2">other options for the lender and 

			owner</font></p></li>

			</ul>

			<p style="margin-top: 0; margin-bottom: 3px"><i><font face="Arial" size="2">  James A. Bartholomew, Michael L. 

			Meyer &amp; Dennis M. Ryan</font></i></p>

		</blockquote>

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