Mortgage Bankers Association of New York To Help Commercial Real Estate Lenders Learn What They Need to Know About Bankruptcy
By Mel Fabrikant Saturday, February 06, 2010, 08:37 PM EST
Bankers and Other Professionals Are Invited to Panel Discussion on "Bankruptcy for Bankers"
How will bankruptcy courts deal with commercial real estate loans during the current collapse of commercial real estate financing? Does bankruptcy law still matter for commercial real estate? What do commercial mortgage lenders need to know to protect their position if their borrowers go into the bankruptcy?
The Mortgage Bankers Association of New York, Inc. (MBA of New York), a professional group dedicated to promoting the welfare of the commercial real estate finance industry, will try to answer these questions for its members and other professionals during a breakfast seminar later this month.
Two leading bankruptcy lawyers will speak about "Bankruptcy for Bankers" - and will try to answer the questions above, and many others -- at MBA of New York's educational breakfast seminar on February 25. The seminar will take place at Club 101, 101 Park Avenue, in New York City.
MBA of New York Educational Committee Chair Joshua Stein, of Latham & Watkins LLP, will moderate the discussion. The two bankruptcy lawyers speaking will be Mark Broude, also of Latham & Watkins LLP, and Greg Schwed, of Loeb & Loeb LLP. Both speakers exclusively practice bankruptcy and creditors' rights law.
"We have put together a panel that will try to answer some of the most pressing questions for commercial real estate professionals - how will bankruptcy work for commercial real estate in the aftermath of the Great Recession? Do bankers need to worry about bankruptcy? And if so, what new issues do they need to know about?" Stein said. "Our educational seminars are some of the most popular events we have during the year. We're looking forward to a good turnout for what promises to be a very useful and practical discussion on this important topic."
MBA of New York is the only New York State mortgage bankers' organization recognized by the national MBA. The group routinely holds events like this breakfast seminar to educate members of the commercial real estate finance community, as well as provide networking opportunities.
"We continue to hold events like this, because it's part of our mission to create an environment for our members to discuss new ideas, share information and meet their colleagues in the industry," said Michael J. Hurley, Jr., president of MBA of New York and a partner with Cassin & Cassin LLP. "This is a large part of what we do as an organization and it's events like this that make us unique and valuable to our growing membership."
The breakfast seminar will primarily be targeted to bankers who have some knowledge, or at least general recollection, of bankruptcy basics. The program begins at 8 a.m. on Feb. 25, with registration starting at 7:45 a.m.
The breakfast costs $50 for MBA members, $65 for non-members. Walk-ins are welcome, though registration is preferred. Additional information about the seminar, as well as online registration, is available at www.mbany.org, or by emailing headquarters@mbany.org.
Mortgage Bankers Association of New York, Inc.
Mortgage Bankers Association of New York, Inc. is the only statewide organization in New York that is recognized by the national Mortgage Bankers Association. Since 1948, MBA of New York has represented the commercial and multifamily real estate financial industry and has given its members opportunities for networking, education and advocacy in a variety of political and business arenas. A broad spectrum of firms and individuals constitute the membership of MBA of New York, including mortgage bankers and brokers, commercial and investment banks and other institutional lenders, title companies, attorneys, accountants, appraisers and environmental services firms.
For more information, please visit www.mbany.org.
How will bankruptcy courts deal with commercial real estate loans during the current collapse of commercial real estate financing? Does bankruptcy law still matter for commercial real estate? What do commercial mortgage lenders need to know to protect their position if their borrowers go into the bankruptcy?
The Mortgage Bankers Association of New York, Inc. (MBA of New York), a professional group dedicated to promoting the welfare of the commercial real estate finance industry, will try to answer these questions for its members and other professionals during a breakfast seminar later this month.
Two leading bankruptcy lawyers will speak about "Bankruptcy for Bankers" - and will try to answer the questions above, and many others -- at MBA of New York's educational breakfast seminar on February 25. The seminar will take place at Club 101, 101 Park Avenue, in New York City.
MBA of New York Educational Committee Chair Joshua Stein, of Latham & Watkins LLP, will moderate the discussion. The two bankruptcy lawyers speaking will be Mark Broude, also of Latham & Watkins LLP, and Greg Schwed, of Loeb & Loeb LLP. Both speakers exclusively practice bankruptcy and creditors' rights law.
"We have put together a panel that will try to answer some of the most pressing questions for commercial real estate professionals - how will bankruptcy work for commercial real estate in the aftermath of the Great Recession? Do bankers need to worry about bankruptcy? And if so, what new issues do they need to know about?" Stein said. "Our educational seminars are some of the most popular events we have during the year. We're looking forward to a good turnout for what promises to be a very useful and practical discussion on this important topic."
MBA of New York is the only New York State mortgage bankers' organization recognized by the national MBA. The group routinely holds events like this breakfast seminar to educate members of the commercial real estate finance community, as well as provide networking opportunities.
"We continue to hold events like this, because it's part of our mission to create an environment for our members to discuss new ideas, share information and meet their colleagues in the industry," said Michael J. Hurley, Jr., president of MBA of New York and a partner with Cassin & Cassin LLP. "This is a large part of what we do as an organization and it's events like this that make us unique and valuable to our growing membership."
The breakfast seminar will primarily be targeted to bankers who have some knowledge, or at least general recollection, of bankruptcy basics. The program begins at 8 a.m. on Feb. 25, with registration starting at 7:45 a.m.
The breakfast costs $50 for MBA members, $65 for non-members. Walk-ins are welcome, though registration is preferred. Additional information about the seminar, as well as online registration, is available at www.mbany.org, or by emailing headquarters@mbany.org.
Mortgage Bankers Association of New York, Inc.
Mortgage Bankers Association of New York, Inc. is the only statewide organization in New York that is recognized by the national Mortgage Bankers Association. Since 1948, MBA of New York has represented the commercial and multifamily real estate financial industry and has given its members opportunities for networking, education and advocacy in a variety of political and business arenas. A broad spectrum of firms and individuals constitute the membership of MBA of New York, including mortgage bankers and brokers, commercial and investment banks and other institutional lenders, title companies, attorneys, accountants, appraisers and environmental services firms.
For more information, please visit www.mbany.org.
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