Contents
- Lending in Troubled Times
- Insurance Matters: Good News for Lenders From the Ontario Court
of Appeal
- The CDS Contagion
LENDING IN TROUBLED TIMES
By Aaron Collins
INTRODUCTION
Likely the last thing you want to read is another article
talking about how we are in the midst of a global recession. Such
headlines are permeating the news day-in, day-out. However, putting
aside the sting of twenty-four hour media hype about the depth of
the financial crisis, there are definitely some practical
considerations of which lenders should be aware in a down market,
and some extra measures they can take to protect themselves. With
this in mind, below is a broad overview of the warning signs that
might show a borrower is in trouble, steps a lender should follow
if a borrower has problems making payments, and information about
insolvency and restructuring in general.
