The Specialized Carriers & Rigging Association (SC&RA), Fairfax, Va., will host a free webinar on Debt Restructuring for Cranes & Other Heavy Equipment at noon EST on February 15. Presented by David McCain, co-founding Partner of MPKA, LLC, the webinar will cover loan extensions, the creation of A/B loan structures, short sales and other negotiated discounts, transfer of property to lenders, and liquidation.
Participants will learn about the different player dynamics, goals, roles, and personalities of banks, borrowers, investors, outside counsel and debt restructuring specialists, and learn how to identify the shortcomings of self help advocacy and the types of professionals needed to help. This webinar will also touch on takeout capital sources and the cost of such capital as well as recent industry trends and forecasts.
McCain ranks among the top five percent of the Gerson Lehrman Group Financial Services Council, whose members provide decision makers at investment firms, corporations, and nonprofit organizations with fast access to relevant, essential and appropriate expertise.
Source: http://cranehotline.com/articles/5661/scra-to-host-webinar-on-debt-restructuring-for-cranes/
