Webinar Playback: Bank Counsel Roundtable: All About Guaranties: Bad Acts, Non-Recourse, Interaction with Eligible Contract Participant (ECP) Rule, Defenses and Waivers

When

May 23, 2023

Where

Webinar

SPEAKERS
Abby Fang, Laura Gunn, Joice Varughese

Guaranties of indebtedness are becoming more expansive, moving away from true limited and non-recourse sponsor liability and toward expanded coverage of borrower-side industry and economic risk. If hedging against interest rate risk is required or any other derivative product is offered in connection with the underlying loans, the interaction of loan guarantees with ECP rules should be fully considered. In addition, guaranty drafters are including waivers of state-specific statutory and common law defenses beyond the traditional suretyship set.

View the materials from this session.

**NOTE: Watching this recording does not allow the user to obtain CLE, CPD, CPE or HR credits.