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Webinar On Demand: Implications of COVID-19 for Loan Agreements and Lending Transactions
Practical Law Canada Legal Update w-024-9454 (Approx. 4 pages)
Webinar On Demand: Implications of COVID-19 for Loan Agreements and Lending Transactions
by Practical Law Canada
| Published on 08 Apr 2020 • Canada (Common Law), Quebec |
Available now for download, Webinar: Implications Of Covid-19 For Loan Agreements And Lending Transactions. Hosted by Lydia Salvi and Hank White of Practical Law Canada, and Jason Arbuck of Cassels Brock & Blackwell LLP.
Available on demand, join us for a complimentary webinar on the implications of COVID-19 for Loan Agreements and Lending Transactions.
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The 2019 novel coronavirus disease (COVID-19) outbreak will have significant and lasting implications for industries, businesses, and the Canadian and US loan markets. Borrowers and lenders are navigating unprecedented and continuously evolving times to understand the impact of COVID-19 on existing and new financing arrangements. Borrowers, on the one hand, are trying to understand and mitigate the impact on their businesses, cash flow, and obligations. Lenders, on the other hand, are trying to accommodate the challenges faced by their borrowers, while protecting their loan rights and collateral values. Our panel discusses the following issues in connection with the impact of COVID-19 on loan agreements and loan transactions:
- MAC and MAE Provisions
- Conditions Precedent
- Representations and Warranties
- Financial Ratios and the Definition of EBITDA
- Events of Default
- Remedies and Next Steps
- Sources of Additional Liquidity
- Considerations in Asset Based Lending Transactions
- Mechanics of a Virtual Closing
Available now for Download
Continuing Professional Development
Participants may wish to use this program towards Substantive Continuing Professional Development hours with the LSO.
Speakers
Jason Arbuck Jason Arbuck is the Chair of the Banking & Specialty Finance Group at Cassels, Brock & Blackwell LLP. | Hank White Hank White joined Practical Law Canada from The Bank of Nova Scotia where he was Legal Counsel responsible for providing transactional advice to the bank’s International Banking and Trade Finance groups for eight years. Hank is the Chair of the Business Law Section of the Ontario Bar Association and a Senior Lawyer Editor for Practical Law Canada's Finance service. | Lydia Salvi Lydia Salvi joined Practical Law Canada after practicing as a senior transactional lawyer in the Financial Services Groups of Baker & McKenzie LLP and Cassels Brock & Blackwell LLP, specializing in corporate and commercial lending in Canada, the United States and internationally. Lydia is Practice Lead of Practical Law Canada’s Finance Service. |
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Program Details
Available on Demand
Duration: 60 Minutes
The accompanying materials from this presentation are downloadable at any time. See Standard Document, Implications of COVID-19 for Loan Agreements and Lending Transactions: Presentation Materials.