SALT LAKE CITY – July 26, 2021 – Annette Jarvis, a shareholder in global law firm Greenberg Traurig, LLP’s Restructuring & Bankruptcy Practice, will moderate a panel at the Bank Special Assets & Credit Officer’s Forum (West) titled “Preparing for the Next Wave of CRE Loan Defaults, Workouts & Turnarounds” on July 27 at 9:45 a.m. PDT.
The forum will be hosted on the West Coast for the first time and will feature special assets and credit professionals discussing developments across sectors, including loans, real estate, oil and gas, equipment, retail, and more. “As volatility creeps into the market, the summer conference is well-positioned to provide West Coast credit professionals a platform for thought leadership, high-level industry education, and deal-making opportunities,” according to the forum’s website.
The panel led by Jarvis will discuss new risks facing commercial real estate loans and their impact on special servicing; the changing relationship between borrows, lenders, and servicers; creative workout scenarios borrowers and lenders are discussing what is being agreed upon, and what happens when the reserves run out; how activity differs by sector and location; predictions for distressed deal flow and default rates and how this informs risk management strategy; the impact of federal income tax considerations and how this may change with the new administration; and more. The panel will feature Nicholas Colonna, president of Kildare Partners; Jim Ketchersid, special assets manager of Farmers & Merchants Bank of Long Beach; and Mark Prior, CEO & founder of Qualtik.
Jarvis, who is based in Greenberg Traurig’s Salt Lake City office, brings practical business sense to her representation of banks, financial institutions, and other parties on matters related to Chapter 11 bankruptcy cases, receiverships, out-of-court workouts and cross-border insolvency cases. Her experience includes representing secured and unsecured creditors, agent and participating banks, debtors, boards of directors, trustees, receivers, public bond holders, purchasers of distressed assets, indenture trustees and foreign representatives. She has experience in many different industries, including agribusiness, mining, energy, biotech, pharma and healthcare, commercial real estate, hospitality, franchises, airlines, retail and entertainment. Jarvis has deep experience advising clients on complex cases remedying the problems created by fraudulent enterprises, including Ponzi schemes, and by mass torts. She has also testified as an expert witness on aspects of U.S. bankruptcy law.
About Greenberg Traurig’s Restructuring & Bankruptcy Practice: Greenberg Traurig’s internationally recognized Restructuring & Bankruptcy Practice provides clients with deep insight and knowledge acquired over decades of advisory and litigation experience. The team has a broad and diverse range of experience developing creative and effective solutions to the highly complex issues that arise in connection with in- and out-of-court reorganizations, restructurings, workouts, liquidations, and distressed acquisitions and sales. Using a multidisciplinary approach, the firm’s vast resources and invaluable business network, the team helps companies navigate challenging times and address the full range of issues that can arise in the course of their own restructurings or dealings with other companies in distress.
About Greenberg Traurig: Greenberg Traurig, LLP (GT) has approximately 2200 attorneys 40 locations in the United States, Latin America, Europe, Asia, and the Middle East. GT has been recognized for its philanthropic giving, diversity, and innovation, and is consistently among the largest firms in the U.S. on the Law360 400 and among the Top 20 on the Am Law Global 100. The firm is net carbon neutral with respect to its office energy usage and Mansfield Rule 3.0 Certified. Web: www.gtlaw.com