Managing Chaos in the Era of Loan Defaults

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Managing Chaos in the Era of Loan Defaults: What Lenders and Borrowers Need to Know
Tuesday, September 29, 2:00 p.m. - 3:00 p.m.
1.0 CLE credit / 1.2 CPE credits in Finance / 1.2 CEUs available
CLE has been accredited in Delaware and Pennsylvania. Additional jurisdictions pending.

In the world that is our new normal, actual, anticipated, or deferred loan defaults are swirling around everywhere. Are best practices that were employed just months ago applicable to today? With a whirlwind of borrowers requesting payment deferrals, interest-only periods on amortizing loans, waivers of defaults, and forbearances, what’s a lender to do? This panel is a must if you want to sharpen your expertise on negotiating tactics, the necessary due diligence that lenders should conduct when considering a debt modification or a forbearance agreement, recommended terms and provisions to include in each type of agreement, and what are reasonable asks versus a wish list from Hail Mary borrowers desperate to stabilize!

Speakers:
Sheila Calello, moderator, McCarter & English, LLP (TMA New Jersey)
Tom Goldblatt, CTPRavinia Capital LLC (TMA Chicago/Midwest)
Randi M. Hershgordon, CPA, Gibraltar Business Capital, LLC (TMA Philadelphia/Wilmington)
Rachel Jaffe MauceriMorgan, Lewis & Bockius LLP (TMA Philadelphia/Wilmington)
About the Speakers:

Sheila Calello, McCarter & English, LLP
Sheila Calello
Sheila chairs the firm’s Bankruptcy & Restructuring Practice. She concentrates her practice in all aspects of creditor’s rights, including workouts, state and federal court commercial litigation, foreclosures, defensive litigation, loan sales, forbearance agreements, and bankruptcy matters. Her extensive experience and proficiency spans numerous types of commercial claims and all types of commercial properties.

Sheila’s experience enables her to have a critical understanding of the unique business needs and objectives of her clients. She has developed long-lasting ties with her clients, who have relied upon her counseling in connection with collection or restructuring of their troubled loans or in defense of claims, including lender liability claim prevention.

Tom Goldblatt, CTP, Ravinia Capital
Tom Goldblatt, CTP
Tom founded Ravinia Capital in 1998 and serves as a Managing Partner. He has more than 20 years of operating experience in roles ranging from salesperson to CEO. Tom’s background in accounting, law, and general management allowed him to evaluate, invest in, acquire, and lead a number of private companies. Today, Tom leverages his experience to help company owners understand how to best tap capital markets or sell their companies for the best possible outcomes. Tom’s background gives him the unique ability to understand the needs and of both the company owner and buyer and can help all parties navigate the inevitable complexities involved in all transactions.

Randi Hershgordon, Gibraltar Business Capital, LLC
Randi M. Hershgordon, CPA
Randi has over 30 years’ experience in finance and accounting serving middle-market companies, where she has spent the last 15+ years in various leadership roles in the asset-based lending industry.  She is a Senior Vice President  at Gibraltar Business Capital, LLC  where she works closely with owners, investors, equity sponsors, and C-suite executives to understand the challenges facing their businesses and provide creative and flexible financing solutions to meet their working capital needs.

Randi brings a rare blend of keen underwriting, credit analysis, and risk management skills combined with a steadfast commitment to delivering personalized service and fostering strong, trusted working relationships.  Drawing upon her vast experience, she critically analyzes financial results and projections to create customized loan structures that maximize borrowing availability across various asset classes.

Randi serves on the Board of Directors of the Philadelphia/Wilmington Chapter of the TMA, the TMA Global Awards Selection Committee, the TMA NOW Philadelphia and Global Committees, the TMA Mid-Atlantic Symposium Planning Committee, and the Secured Finance Network (SFNet) Women in Secured Finance Committee.




Rachel Jaffe Mauceri
Rachel Jaffe Mauceri is Of Counsel with Morgan Lewis, based in the firm’s Philadelphia office. She has over 19 years of experience counseling clients in complex bankruptcy and restructuring matters. Her practice includes representing debtors, financial institutions, indenture trustees, pension and benefit plans, potential acquirers, and other significant creditors and parties in interest in prenegotiated and traditional bankruptcy proceedings, including debtor-in-possession financing, creditors’ rights and workouts, complex bankruptcy litigation, the purchase and sale of assets out of bankruptcy, and other aspects of bankruptcy and reorganization.

Rachel’s industry-related activities include active participation in TMA, including as current co-chair of TMA’s Global Network of Women and as a member of TMA Global’s Board of Directors. She is co-chair of the 2021 of TMA’s Mid-Atlantic Regional Symposium, and is on the board of and co-chair of the Network of Women for TMA’s Philadelphia-Wilmington chapter. Rachel regularly moderates and participates in panel discussions on bankruptcy-related matters and writes on current issues in bankruptcy.

ConferenceAgenda

Events with "Omni-Channel" listed as the access type are available to both in-person and virtual attendees. 

*Invite-Only   **Additional Fee required

Tuesday, October 26, 2021   Access Type
12:30 p.m. - 3:30 p.m.  Registration Open sponsored by  Thompson Coburn | Hahn & Hessen For Governance/VIP attendees only
1:00 p.m. - 3:30 p.m. Joint Executive Board/Board of Trustees Meeting* In-person
3:30 p.m. 4:15 p.m.  TMA Global Board Networking Reception* In-person
4:15 p.m. - 5:15 p.m.  Certification Oversight Committee (COC) Meeting * In-person
5:30 p.m. - 7:30 p.m.  TMA Annual Conference Welcome (Back!) Party, co-hosted by TMA Tennessee  In-person
Wednesday, October 27, 2021    
6:15 a.m. - 12:30 p.m.  TMA Golf Scramble at Gaylord Springs**  In-person
8:00 a.m. - 6:30 p.m.  Registration Open sponsored by  Thompson Coburn | Hahn & Hessen In-person
9:00 a.m. - 11:30 a.m.  Well...Shoot! TMA Shooting Clays at Nashville Gun Club** sponsored by CapitalPlus Construction Services In-person
10:00 a.m. - 11:00 a.m. The First Spark: Annual Welcome and Virtual Orientation Virtual 
11:00 a.m. - 3:00 p.m.  Specialty Coffee Barista Bar sponsored by CohnReznick In-person
11:00 a.m. - 5:30 p.m.  The Down Home Social Saloon (Attendee Lounge) In-Person
11:30 a.m. - 12:30 p.m. First-Time Attendee Networking Brunch Bites  In-person
12:00 p.m. - 12:30 p.m. TMA Connect Live: TMA Award Winners Circle  Virtual 
12:30 p.m. - 2:00 p.m.  TMA NOW / IWIRC Luncheon** sponsored by Arch + Beam and Carl Marks Advisors In-person
1:30 p.m. - 2:00 p.m.  TMA Connect Live: CRO War Room Virtual 
2:00 p.m. - 3:30 p.m.  Diversity, Equity & Inclusion - From Evolution to Revolution sponsored by B. Riley Financial In-person
3:00 p.m. - 3:30 p.m.  TMA Connect Live: Diversity in Dealmaking Virtual
4:00 p.m. - 4:15 p.m.  Networking Break  In-person
4:15 p.m. - 5:30 p.m.  Opening General Session Certain Uncertainty - The Prognosis for a Post-Pandemic World: Mega Trends sponsored by B. Riley Financial  Omni-channel
5:30 p.m. - 8:00 p.m. Opening Reception sponsored by Burr & Forman In-person
8:15 p.m. - 9:45 p.m.  TMA NextGen Late Night at Lou/Na** sponsored by Alvarez & Marsal In-person
Thursday, October 28, 2021    
6:30 a.m. - 7:30 a.m. TMA 5K Run/Walk** In-person
7:30 a.m. - 8:30 a.m. Networking Breakfast  In-person
7:30 a.m. - 12:30 p.m.  Specialty Coffee Barista Bar sponsored by CohnReznick In-person
7:30 a.m. - 6:00 p.m. The Down Home Social Saloon (Attendee Lounge)  In-person
7:30 a.m. - 6:30 p.m.  Registration Open sponsored by  Thompson Coburn | Hahn & Hessen In-person
8:30 a.m. - 8:45 a.m.  Opening Remarks (Chair's Award and Annual Committee Awards)  Omni-channel
8:45 a.m. - 10:00 a.m.  General Session: Special Guest Speaker Former FBI Agent Gregory Coleman: Body Language Talks.  Are You Listening? sponsored by Gordon Brothers  Omni-channel
10:00 a.m. - 10:15 a.m. Networking Break  In-person
10:15 a.m. - 11:15 a.m.

General Session: The Supply is the Demand: Lessons Learned From Global Supply Chain Challenges sponsored by Hilco Global

Omni-channel
11:15 a.m. - 11:30 a.m. Networking Break In-person
11:30 a.m. - 12:30 p.m.  Education Session Breakout: Healthcare Trauma: What’s the Diagnosis for this Perpetually Troubled Sector? sponsored by ToneyKorf Partners In-person
11:30 a.m. - 12:30 p.m.  Education Session Breakout: Obstinate Obstacles in the Hybrid Work Environment - Cybersecurity and Data Protection Challenges sponsored by Riemer & Braunstein In-person
12:30 p.m. - 2:00 p.m.  TMA Awards Recognition and Keynote Luncheon with Stephanie Stuckey, CEO Stuckey’s Corporation sponsored by FTI Consulting Omni-channel
2:00 p.m. - 2:15 p.m. Networking Break  In-person
2:15 p.m. - 3:15 p.m.  Education General Session: Rhythm and Blues - Understanding the Economics of the Music Industry sponsored by Arch + Beam Omni-channel
3:15 p.m. - 3:30 p.m.  Networking Break  In-person
3:30 p.m. - 4:30 p.m.  Education Session Breakout: Reset on Regulation: What it Means for the Future of the Restructuring Industry In-person
3:30 p.m. - 4:30 p.m.  Education Session Breakout: ESG Initiatives and the Energy Industry: Who’s Paying for Change? In-person
3:45 p.m. - 4:15 p.m.  TMA Connect Live Body Language with Gregory Coleman Virtual
4:30 p.m. - 5:00 p.m.  Bourbon Bar Break sponsored by White Oak Commercial Finance  In-person
4:30 p.m. - 5:30 p.m.  Virtually Ignited: Networking with a Spark Virtual 
4:30 p.m. - 5:30 p.m.  Frist Museum Art Tour**  In-person
5:00 p.m. - 6:00 p.m.  Chair's/VIP Reception* sponsored by Gordon Brothers  In-person
6:00 p.m. - 8:30 p.m.  Closing Reception sponsored by Hilco Global  In-person
8:30 p.m. - 9:30 p.m. TMA After Dark sponsored by Steffes Group, Inc. In-person
Friday, October 29, 2021    
8:00 a.m. - 8:15 a.m.  Announcements  Virtual 
8:00 a.m. - 10:30 a.m.  Networking Breakfast sponsored by Gibraltar Business Capital   In-person
8:00 a.m. - 11: 00 a.m. Specialty Coffee Barista Bar sponsored by CohnReznick In-person
8:00 a.m. - 11:00 a.m.  The Down Home Social Saloon (Attendee Lounge)  In-person
8:30 a.m. - 9:00 a.m.  TMA Connect Live: International Networking  Virtual
9:15 a.m. - 9:45 a.m.  TMA Connect Live: Podcasts, Books, and Apps  Virtual
10:00 a.m. - 10:30 a.m.  TMA Connect Live: Path to TMA Leadership  Virtual