Hill Wallack LLP Partner Michael J. Shavel to speak at PBI Seminar
Short Sales, Deed in Lieu and Receiverships
Learn what the real estate practitioner needs to know:
As foreclosures continue to rise, lenders and borrowers are increasingly turning to short sales as a viable workout solution. Where a short sale isn't a possibility, lenders are often expoloring Deeds-In-Lieu (D-I-L) of Foreclosure or appointing receivers to mitigate losses, as well as to avoid fraud and mismanagement. This course is designed to educate attorneys for lenders and borrowers alike in the nuances which arise in short sales, D-I-Ls and receiverships so that they can advise clients when traditional forclosure isn't their best solution.
Dates & Locations
11:30am - Registration & Lunch
12:00 pm - 4:15pm - Seminar
Wednesday, Dec. 3, 2014 --- (Mechanicsburg)
Friday, Dec. 12, 2014 --- (Philadelphia)
Monday, Dec. 15, 2014 --- (Pittsburgh)
About the speaker:
Michael J. Shavel is a partner of Hill Wallack LLP. He is a member of the Banking & Financial Services and Creditors' Rights/Bankrupcy practice groups.
Mr. Shavel has over 22 years of experience exclusively practicing in the lending, banking and creditors' rights field. He has closed numerous complex commercial finance transactions, including acquisition financing, asset-based financing and healthcare receivable financing. Mr. Shavel advises lenders on compliance with UCC Article 9, intercreditor relationships, as well as work out and creditors' rights in bankruptcy. In addition, he has extensive experience as a closing attorney representing national banks, community banks, credit unions and other financial institutions in connection with SBA financing, including 7(a) and 504 loans.
4 Total CLE credits (No Ethics)