New York, New York State 03 October 2021 – (PR.com) – The knowledge group, the leading producer of regulatory-focused webcasts, today announced that Michael R. O’Donnell, Partner, Riker Danzig Scherer Hyland & Perretti LLP will speak on her webcast titled “Lender Liability Claims: What You Need to Know and Do to Mitigate the Risks and Pitfalls.” This event is scheduled for 22 October 2021, of 3:00 p.m. to 4:00 p.m. (ET).
For more details, please visit: https://knowledgewebcasts.com/know-portfolio/lender-liability-claims-cle/
About Michael R. O’Donnell
Michael R. O’Donnell is a co-managing partner of Riker Danzig Scherer Hyland & Perretti LLP. He provides a range of commercial litigation services to clients, including financial institutions, title insurance companies and reinsurers. His work includes real estate and title litigation and related legal malpractice claims, lender liability and problematic loan settlement, business loans, sophisticated judgment collections, fraud and fraudulent transfer claims, related litigation. to securities, reinsurance recoveries, oppressed shareholder claims, RICO claims. and issues of D&O and loyalty bonds. Mike has defended underwriters, agents and financial institutions in class actions ranging from overcharging claims for settlement services to violations of the Expedited Funds Availability Act. He is the former president of XB District Ethics Committee of Supreme Court of New Jersey, and member of New Jersey Federal Bar Association.
On Riker Danzig Scherer Hyland & Perretti LLP
Riker Danzig Scherer Hyland & Perretti LLP served on New Jersey in business for over 135 years. Distinguished for his unrivaled representation of financial institutions since the firm’s founding, Riker Danzig has grown into a preeminent full-service law firm, with New Jersey offices at Morristown and Trenton, and an office in Midtown Manhattan. Riker Danzig is a regional legal advisor and national defense counsel for some of the country’s largest companies in a wide variety of cases, while also representing many family businesses and mid-market companies. The firm provides business advice to numerous financial, trade, manufacturing and service organizations and has well-respected practices in trial and appellate litigation, insurance, financial services, corporate law, bankruptcy, government affairs, labor and employment, environmental law, real estate, tax, trusts and estates.
Summary of the event:
Lenders have always faced significant dilemmas when it comes to borrowers who fail to make their payments. The severe impact of the COVID-19 pandemic on the economy has further intensified this existing difficulty as waves of defaults hit creditors. While it is reasonable for lenders to proactively mitigate potential risks of loss, any effort to engage with their borrowers should be done with caution so as not to expose themselves to liability claims from lenders.
In recent years, many borrowers have resorted to lawsuits against lenders during reorganization discussions, and they are increasingly determined to capitalize on these claims. Given the current economic situation and the implications of the pandemic, lenders must more than ever be very careful when making portfolio decisions to ensure their actions are in accordance with safe and sound practices.
Join our selected panel of key opinion leaders for a discussion of the most common issues in lender liability claims and how conflicts arise during the life of a loan. Speakers will also explore practical steps to improve loan administration and enforcement, thereby avoiding unnecessary lender lawsuits.
Key topics include:
Lender Liability Claims – Notable Court Decisions
Recent trends in law enforcement and their implications
Common risks and pitfalls
Best practices for risk management
The future of lender liability litigation
On The knowledge group
Founded in November 2006, The knowledge group has been at the forefront of providing quality continuing education programs for lawyers, accountants, finance executives, risk and compliance specialists, human resources professionals, technology managers and consultants business across a wide range of industries.
The knowledge group strives to be the best provider of continuing education by delivering relevant content that you can’t get anywhere else.
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