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A Lessor's Guide to Workouts

Every workout should be structured to anticipate a future default and enhance procedural, substantive, and collateral positions. This first installment of a two-part article discusses preliminary issues to address in workouts and key provisions to include in the workout agreement.

23 minute read October 28, 2011 at 11:13 AM
By
Frank Peretore
A Lessor's Guide to Workouts

Part One of a Two-Part Article

The primary goal of a workout should be to place the creditor in the strongest possible collateral and procedural positions in the event of a default.

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