"Perspectives: Secured Creditors," Chapter Co-Author

Gary P. Segal, Chicago-based member of Dykema’s Corporate Finance Practice Group, has co-authored a chapter in the Thomson Reuters book, Strategic Alternatives For And Against Distressed Businesses, 2018 ed.

Segal’s chapter, titled "Perspectives: Secured Creditors," explores distressed businesses from a secured creditor’s perspective and covers the following areas in depth: 

• signs of a distressed borrower;
• due diligence—analyzing the borrower’s problems and financial situation;
• financial consultants / turnaround professionals;
• analyzing the loan file and collateral;
• meeting with the borrower;
• pre-liquidation / pre litigation actions;
• methods of liquidation / collection; and
• lender liability and equitable subordination issues.

For more information on the book, click here.