"Navigating a Distressed Commercial Loan" by John D. Cromie and Thomas M. Scuderi, Connell Foley, Roseland, N.J.

The complexion of commercial lending and borrowing has taken on a new look over the past couple of years. The economic downturn has taken its toll, and that’s resulted in a number of changes in lending that we should all be aware of. USLAW members John Cromie and Thomas Scuderi of the law firm Connell Foley in Roseland New Jersey have been doing a lot of work with their clients in commercial loans and offer their thoughts on navigating these sometimes rough waters. CLICK TO LISTEN

"Avoiding Creditor Pitfalls" by David Warren, Poyner Spruill, Raleigh, N.C.

When borrowers or clients show signs of financial distress, proactive lendors and creditors step in early to maximize recoverable value. Numerous strategies can be employed, but using them effectively and without creating more risks for the creditor in an emotionally-charged, time-pressured situation takes knowledge, experience and thoughtful planning. USLAW member David Warren is a Creditor's Rights Litigator at the law firm Poyner Spruill in Raleigh NC, and talks about the subject of avoiding creditor pitfalls. CLICK TO LISTEN