California Lawyers Association
Insolvency Law Committee
Hard Money Lending Issues in Bankruptcy
Presented by the Business Law Section Insolvency Law Standing Committee
Tuesday, October 29, 2019
Earn 1 Hour of MCLE Credit. Includes legal specialization, Bankruptcy Law
Alston & Bird
333 S. Hope Street, 16th Floor
Los Angeles, CA 90071
Parking will be validated for cars arriving after 5:30 p.m.
Panelists:
Kit Gardner, Law Offices of Kit J. Gardner
Steven Kurtz, Levinson Arshonsky & Kurtz, LLP
Eve Karasik, Levene, Neale, Bender, Yoo & Brill LLP
Honorable Scott H. Yun, United States Bankruptcy Court
Frequently, a business debtor will resort to private, unregulated lenders to finance its operations. The resulting credit facilities are usually easier to obtain than a traditional bank loan, but come with more strings attached. Moreover, the lender is usually far more active in monitoring and protecting its interest in these risky loans. Therefore, when a business files bankruptcy, the debtor is immediately confronted with a host of unique issues that may determine its future survival, and the lender is confronted with the possibility that it will not receive the full benefit of its bargain.